Efforts by RTOs to increase their offer caps are overly reactionary to one winter season experience and do not indicate that a change in policy is warranted at this time, says Con Ed.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 10/01/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

The authors of four competing proposals to change the $1,000/MWh energy market offer cap have agreed to put forward one plan for consideration by the PJM MRC.

MISO is forecasting a 35% planning reserve margin for the winter and has implemented several changes to improve coordination with pipeline operators and ensure fuel deliveries to its fleet.

PJM, MISO and ISO-NE would be forced to switch to 5-minute settlements under a draft rule announced Thursday.

PJM members debated four potential changes to the offer cap at a specially called meeting of the Markets and Reliability Committee, failing to agree on any one.

PJM stakeholders will continue to debate changing the $1,000/MWh energy offer cap at a special four-hour Markets and Reliability Committee meeting called for Sept. 9.

PJM stakeholders last week launched another bid to change the $1,000/MWh energy offer cap.

PJM made it through the winter without having to invoke a temporary cost-based energy offer cap of $1,800/MWh, the Independent Market Monitor reported.

Boston lamented that PJM took unilateral action on several contentious proposals in 2014 after stakeholders were unable to reach consensus.