NYISO needs to improve shortage pricing and create smaller capacity zones, the ISO’s market monitoring unit reports in its 2022 State of the Market report.

PJM's Board of Managers rejected a proposal to lower nonperformance penalties, while AMP was displeased the board responded to reliability claims.

PJM offered a series of suggestions for how it could overhaul its capacity market in the wake of widespread resource failures during last December's winter storm.

FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.

A White House official urged participants in PJM’s General Session to engage in closer collaboration at all levels as cyber and physical security threats morph.

PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.

The MRC endorsed a proposal to reduce penalties for generators that don’t meet their capacity obligations during performance assessment intervals.

SPP members and its board have embraced an advisory group’s report on a fast-approach future grid and directing work to address the group’s recommendations.

PJM briefed stakeholders on issues that contributed to insufficient natural gas supplies during Winter Storm Elliott, which prevented some units from running.

PJM asked FERC to initiate settlement judge procedures in its dispute with generators over nonperformance penalties for Winter Storm Elliott.