Managing the often-at-odds priorities of affordability, reliability, and decarbonization will require a delicate balance of innovation, market reforms, and stability, industry experts said at the Northeast Energy and Commerce Association’s Power Markets Conference.

Among other actions, the PJM Markets and Reliability Committee and the Members Committee will consider endorsing various manual revisions.

MISO hopes to mete out different reserve margin obligations to its load-serving entities as it sees bigger perils on the horizon.

FERC accepted MISO’s second try at Order 2222 compliance, allowing MISO time to prepare through mid-2029 before it fully accepts aggregators of distributed energy resources into its markets in 2030.

MISO revealed it will crack down on demand response testing requirements ahead of its spring capacity auction, while some stakeholders argued the stepped-up measures amount to a change that requires FERC approval.

FERC approved price formation reforms for SPP and set questions around resource accreditation for additional proceedings in a pair of orders issued at its regular monthly meeting.

Pennsylvania Gov. Josh Shapiro urged PJM Chair Mark Takahashi to “intervene with” RTO leadership to revise the design of the capacity market before conducting the 2026/27 BRA to avoid an “unacceptable” increase in capacity market prices.

The California Energy Commission will hold a workshop to discuss the West-Wide Governance Pathways Initiative, signaling the state may consider a proposal to alter CAISO’s governance structure to accommodate broader concerns about the ISO’s lack of independence from politics.

PJM’s Andrew Gledhill presented a proposal to the Planning Committee to revise the installed reserve margin and forecast pool requirement for the third 2025/26 Incremental Auction.