In his quarterly state of the market report, the PJM IMM said the results of the 2018 Base Residual Auction show the need to change its capacity offer cap.

Consumer, small-business and environmental advocates pressed the PJM Board of Managers on the issue of transparency at their annual meeting.

FERC Commissioner Robert Powelson said that he sees an “erosion of confidence” in RTO stakeholder processes.

Market monitors from the Eastern Interconnection and ERCOT debated their roles in the RTOs they oversee and the need for effective monitoring programs.

PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.

While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.

Stakeholders denied four proposals to revise PJM’s rules on evaluating designated market paths for energy sales coming into the RTO.

FERC approved a settlement in a yearslong fight over how much revenue VEPCO should receive for its reactive energy supply fleet.

PJM’s Independent Market Monitor faced a barrage of questions at the final stakeholder evaluation of its MOPR-Ex capacity market proposal.

The PJM IMM is opposing the RTO and resource owners over generators receiving compensation for providing FERC-mandated primary frequency response.