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.

PJM presented stakeholders with proposed manual revisions to implement a requirement that dual-fuel generators must offer schedules with both of their fuels into the energy market during the winter, as well as changes to the operational and seasonal testing for capacity resources.

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.

Pennsylvania regulators hosted several panels to discuss PJM's tightening reserve margins and how the PUC should respond to the situation, which at least promises more high prices in the near future before new supplies can come online.

The PJM Markets and Reliability Committee endorsed two issue charges sponsored by LS Power addressing the transparency and functionality of PJM’s marginal effective load-carrying capability accreditation methodology.

Listed are the agenda items scheduled to be brought to a vote at the upcoming PJM Markets and Reliability Committee and Members Committee meetings.

The second leg of the Independent Market Monitor's analysis on PJM's 2025/26 Base Residual Auction looked at the impact of not counting reliability-must-run resources as capacity, paired with several other factors.

LS Power presented the third in a “trilogy” of issues charges seeking changes to PJM’s effective load carrying capability accreditation paradigm.

PJM has proposed changes to the demand response availability window, which determines when the curtailment capability is evaluated as accredited capacity and expected to be online for dispatch.

About four years after PJM stakeholders shelved deliberations on rules around how battery storage can be used to address transmission constraints, the topic has been reopened.