ISO-NE kicked off NEPOOL discussions for the second phase of its capacity auction reform project, beginning long-awaited talks on accreditation and seasonal capacity auction changes.

ISO-NE said it is open to capping the balancing ratio used to calculate Pay-for-Performance payments to prevent capacity resources from being required to provide more power than their capacity supply obligations.

PJM's IMM is pushing for limits on NRG after it completes its deal with LS Power to prevent its exercise of market power, but the firm argues they are unneeded and the Monitor has failed to show its math

The Markets and Reliability Committee rejected three proposals to revise aspects of PJM’s effective load-carrying capability accreditation model.

FERC partly granted a complaint from LS Power challenging the calculation of opportunity cost adders, requiring operating agreement revisions.

EPA is proposing to rescind its 2009 endangerment finding, which qualifies greenhouse gases as pollutants and has been used by Democratic presidential administrations to regulate emissions from power plants and other sources.

The 10 wind farms span seven states, provide power to more than 15 off-takers, and have a gross nameplate capacity of 1.7 GW.

Key challenges in the review are tightening supply and demand, the uncertain cost of new capacity and accounting for changes PJM has made to how it identifies reliability risks and determines the capacity value for different resource types.

PJM's Independent Market Monitor asked FERC to impose behavioral constraints on NRG Energy's proposed purchase of power plants and demand response from LS Power.