The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.

PJM’s Market Implementation Committee endorsed by acclamation a proposal to revise two financial inputs to the quadrennial review to reflect changing market conditions, particularly increased interest rates.

MISO’s Market Subcommittee will assist MISO in drafting tariff requirements to discourage market participants from committing fraud in MISO’s demand response market.

PJM’s Market Implementation Committee endorsed by acclamation a proposal to add two energy market parameters for economic demand response.

Because of resource adequacy risks, MISO may need to place tougher requirements on load-modifying resources and devise new, nonemergency means to use load offsets that can't meet new standards.

The PJM Market Implementation Committee endorsed by acclamation a rewrite of Manual 18 to implement market redesigns drafted through the critical issue fast path process.

MISO’s Independent Market Monitor told the board the RTO must crack down on confirmations to prevent more phony demand response from infiltrating its markets.

FERC is poised to levy a total $27 million in penalties on a Texas-based LLC meant to sell in-car ketchup holders that collected more than $1 million in undeserved MISO demand response payments.

FERC released the latest iteration of its Common Metrics Report on ISO/RTO markets, which evaluates their performance and benefits.