Top utility executives urged PJM’s Board of Managers to act on price formation at its Feb. 12 meeting after stakeholders deadlocked on the issue last week.

FERC said it shares authority with the federal court over any power purchase agreements Pacific Gas and Electric seeks to modify as part of its bankruptcy.

The PJM Market Implementation Committee discussed the must-offer exception process and FERC’s energy storage order at last week's meeting.

Despite a few bumps, scrapes and scares throughout the year, ISO-NE delivered on time by dispatching key market initiatives.

FERC voted 2-1 to approve ISO-NE’s cost-of-service agreement with Exelon for its Mystic plant, including payments to the company’s Distrigas LNG facility.

PJM stakeholders dug in further on the RTO’s proposed revamp to its capacity market, reiterating comments made in FERC’s paper hearing on the proposal.

FERC Commissioner LaFleur and others expressed concern that “fuel war” partisans could weaponize NERC’s analysis on coal and nuclear plant retirements.

PJM’s market design and Exelon’s control of local generation allow the company to name its price for capacity commitments in the Chicago area.

Critics responded to Eversource and National Grid's request that FERC clarify its order denying an ISO-NE waiver request to keep Exelon’s Mystic running.

FERC tentatively accepted a cost-of-service agreement between Exelon and ISO-NE for Mystic 8 and 9, ordering an expedited hearing process.