FERC found that MISO did not adequately comply with its directives in Order 831, which stipulated changes to the RTO's hard and soft offer cap processes.

Consumer representatives and the Independent Market Monitor expressed concern at the MRC over PJM’s plans for vetting energy offers exceeding $1,000/MWh.

CAISO is refining changes to its market rules meant to better reflect suppliers’ costs of producing electricity while increasing flexibility.

NYISO presented its Market Operations and Broader Regional Markets reports to the Business Issues Committee.

The MISO IMM says the RTO isn’t going far enough in proposing changes to comply with FERC’s offer cap rules, like increasing the max value of lost load.

MISO is considering how to alter its market rules to comply with a FERC order that “softens” the current energy offer cap.

PJM officials briefed the Market Implementation Committee on the implications of FERC's lack of quorum.

PJM walked the Market Implementation Committee through planned Operating Agreement and Tariff revisions to satisfy elements of FERC Order 825.