PJM’s first-quarter energy prices fell to their lowest level since the RTO was created in 1999, according to the Monitor’s State of the Market report.

The MIC will choose between a PJM proposal and one from the Monitor to resolve pricing and dispatch misalignment issues in the fast-start pricing plan.

PJM backed off plans to seek a vote on short-term changes to its 5-minute dispatch and pricing procedures after pushback from the Monitor and stakeholders.

PJM is “confident” it will meet FERC’s deadline for resolving pricing and dispatch misalignment issues in its fast-start pricing proposal.

FERC will hold PJM’s fast-start pricing compliance filing in abeyance until July 31 in order to give the RTO time to resolve certain issues.

NYISO debated the content of a draft study on the impact of public policy on the state grid and the ISO’s proposed changes to its carbon price calculation.