FERC approved SPP’s operating reserves proposal but said the RTO should respond to criticism about scarcity pricing avoidance.

FERC accepted SPP’s proposed Tariff revisions related to shortage pricing.

ERCOT stakeholders jammed the Public Utility Commission of Texas' (PUCT's) hearing room for the first of several discussions on price-formation issues.

MISO is considering the possibility of factoring transmission constraints into its reserve requirement modeling to help prevent scarcity pricing.

The PJM Markets and Reliability committee and Members committee discussed frequency response and the Capacity Construct/Public Policy Senior Task Force.

The MISO IMM says the RTO isn’t going far enough in proposing changes to comply with FERC’s offer cap rules, like increasing the max value of lost load.

Four Ph.Ds. joined in a tag-team debate on the virtues of scarcity pricing versus capacity markets in a panel discussion cum economics seminar at the Energy Bar Association’s Annual Meeting.