PJM’s Reliability Pricing Model is acquiring more capacity than needed, leading to dirtier, less efficient generation and excessive costs for consumers.

PJM officials told stakeholders that revised calculations show lower floor prices for gas, nuclear and solar generating units under the expanded MOPR.

PJM stakeholders got their first look at the price floors that could be applied for capacity resources under the expanded minimum offer price rule.

FERC’s Dec. 19 order expanding PJM’s minimum offer price rule prompted outrage among some officials in the RTO’s 13-state footprint.

NYISO is moving the proxy bus for pricing transactions with Ontario’s IESO to reflect power-flow changes from the implementation of phase-angle regulators.

MISO will suspend updates on its resource availability and need project through November to allow time for analysis that may drive future draft rules.

ERCOT in April set new monthly generation records for its wind and solar fleets, producing 7,148 GWh and 408 GWh, respectively.

ERCOT's Technical Advisory Committee tabled a request to lower the grid operator’s peaker net margin threshold pending further direction from the Texas PUC.

Independent Market Monitor Joe Bowring said PJM’s proposed revisions to how it prices reserves necessitates changes in the capacity market.

The MRC voted on four packages of revisions as part of PJM’s quadrennial review of the VRR curve, but none of the proposals received majority support.