PJM has responded to the Market Monitor’s annual State of the Market Report, highlighting five different areas of focus out of hundreds of recommendations.

Stakeholders unanimously endorsed the charter for the new PJM Emerging Technologies Forum at the Markets and Reliability Committee meeting.

Stakeholders endorsed a PJM proposal to resolve issues in five-minute dispatch and pricing but urged the RTO to continue seeking solutions.

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.

MISO’s replacement of its market platform is complete, with the RTO now settling at five-minute intervals.

The dedicated MISO market platform replacement team will work this year to ensure the existing system can stay afloat during the time it will take to build the new one.

PJM stakeholders at last week’s Market Implementation Committee meeting approved two problem statements and issue charges presented by Exelon.

MISO secured from FERC another four months to implement mandatory five-minute settlements.

MISO’s 2018 to-do list includes continuing efforts to expand energy storage participation and extensive software upgrades.

MISO and its members have selected eight market-improvement projects from its annual Market Roadmap to focus on in 2018.