The NYISO Market Monitoring Unit told stakeholders it is independently analyzing the capacity market in parallel with the ISO’s ongoing Capacity Market Structure Review project.

Stakeholders asked FERC to force MISO to cut or dilute some of the harsher requirements of its proposed demand response participation and accreditation package.

NYISO returned to the Installed Capacity Working Group with more modifications to the tariff language and general structure of its firm fuel capacity accreditation proposal, but stakeholders still appear to be skeptical of it.

New Jersey lawmakers pushed back on the state’s all-electricity, clean-energy strategy at a heated committee hearing, urging an all-the-above approach as PJM faced criticism for failing to foresee a dramatic hike in demand.

NYISO unexpectedly pulled a vote on modeling improvements for capacity accreditation from the Management Committee’s agenda, delaying further discussion until April 9.

PJM’s Markets and Reliability Committee endorsed two proposals to revise the RTO’s ELCC formula to add two new generation categories and limit the penalties resources face if their accreditation declines between auctions.

The NYISO Business Issues Committee approved, in concept, implementation of the ISO’s new firm fuel election process and requirements as part of its changes to capacity accreditation.

MISO is nearing an overhaul of its capacity accreditation methods for load-modifying resources and demand response that would be based on whether they can assist during periods of high system risk.

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

PJM heads into 2025 with several proposals before FERC seeking to rework its capacity market and generator interconnection queue, while stakeholders work on an expedited Quadrennial Review of the market and changes to resource accreditation.