The PJM Board of Managers directed staff to identify changes to improve reserve market pricing that can be implemented for next winter.

SPP told members how it will respond to the FERC order that found the RTO was suppressing investment signals by not allowing quick-start resources to set LMPs.

PJM’s Tim Horger provided an update on the RTO’s efforts to comply with the FERC plan on fast-start resources at the Market Implementation Committee meeting.

The Dec. 21 FERC order requiring SPP to help fast-start resources set LMPs added one more to-do for the RTO in what is shaping up to be a busy 2018.

FERC dropped its plan for a one-size-fits-all rule on fast-start pricing, instead issuing individual orders requiring PJM, SPP and NYISO to change their tariffs.

PJM stakeholders approved by acclimation amendments brought by the Monitor and issue charge to address minimum tank suction level costs.

MISO may retire its Credit Settlements Working Group because of a lack of substantive work and stakeholder volunteers willing to chair the group.

The PJM Market Implementation Committee endorsed two proposed Manual 11 revisions related to shortage pricing, both of which were developed in response to FERC Order 825.

RTOs and ISOs would be required to incorporate fast-start resources into energy and ancillary services pricing under proposed rules approved by FERC.

MISO said that it is developing alternative solutions to the Monitor’s recommendation in the second phase of the ELMP rollout.