FERC ordered PJM to revise its market seller offer cap to prevent sellers from exercising market power in the RTO’s capacity market.

PJM stakeholders endorsed an issue charge regarding the allocation of capacity transfer rights after delaying the vote last month.

SPP raked in another $27.87 million in market-to-market settlements from MISO during December and January, pushing its total to $168.11 million.

While it warns of more system risk in the coming years, MISO is preparing for an unremarkable spring and a routine capacity auction.

PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.

FERC explained why it would not reconsider revenue calculations in PJM’s capacity market, saying it did want to further delay the RTO's upcoming auction.

FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.

FERC approved revisions to the ISO-NE tariff on recalculating the dynamic delist bid threshold for the Forward Capacity Auction.

The NEPOOL Markets Committee reviewed proposals by ISO-NE and stakeholders to change the offer review trigger prices for renewables.

NYISO wants to align studies for setting statewide installed reserve margin with those setting locational minimum installed capacity requirements.