ISO-NE proposed to reduce its performance payment rate by more than 60% in response to concerns that excessive penalties will have unintended consequences for the capacity market.

PJM's Independent Market Monitor filed a FERC complaint alleging the RTO's Capacity Performance penalty structure undermines reliability and offered an alternative calculation based on capacity revenues.

The NEPOOL MC discussed changes to the frequency of FCM parameter recalculations, the continuous storage facility model and cybersecurity reporting.