The NEPOOL Participants Committee approved the membership application of the New England Power Generators Association at its monthly meeting.

ISO-NE briefed the NEPOOL Participants Committee on a project to address the removal of the minimum offer price rule from the capacity market.

ISO-NE officials briefed the NEPOOL Participants Committee on nominations to the RTO’s Board of Directors and operations during last winter.

NYISO locational-based marginal prices averaged $63.70/MWh in February, more than triple the $21.11/MWh average in February 2020.

With four vacancies coming in the next two years, ISO-NE board Chair Kathleen Abernathy briefed NEPOOL on the RTO’s “roadmap” for future appointments.

FERC proposed revisions to its policy statement on natural gas price indices to improve the participation in and formation of the indices.

The NYISO Management Committee endorsed a technical fix to the 2017-2021 capacity demand curve reset.

CAISO won FERC approval for its second effort to allow generators to recover the costs of higher natural gas prices.

NYISO energy prices sank to 11-year lows during the first quarter, ranging from $15 to $35/MWh, according to the MMU’s State of the Market report.

NYISO is seeing “historically low” load and prices, Senior Vice President of Market Structures Rana Mukerji told the Business Issues Committee.