Dynegy and Exelon proposed that MISO Zone 4 procure capacity in three-year forward auctions separate from the rest of the RTO.

PJM's Capacity Performance market structure, approved by FERC, is both over-priced and unlikely to achieve its intended results, says Direct Energy.

PJM members agreed last week to consider relaxing confidentiality rules, despite reservations from several utilities.

Our summary of the issues scheduled for votes at the PJM MRC on 06/25/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

The PJM request to delay May’s Base Residual Auction has drawn more than two dozen comments — mostly from supportive stakeholders.

Stakeholders last week continued their debate over PJM’s proposal to create “historic” capacity transfer rights for some load-serving entities.

FERC approved PJM’s request to retain 2,000 MW of capacity in yesterday’s third Incremental Auction for 2015/16 but rejected its request to purchase capacity outside of the RPM.

Boston lamented that PJM took unilateral action on several contentious proposals in 2014 after stakeholders were unable to reach consensus.

A pair of requests PJM submitted to FERC to safeguard capacity for the 2015/16 delivery year drew a number of protests last week.

PJM wants a one-time waiver to avoid releasing 2,000 MW of capacity for the 2015/16 delivery year, when the RTO fears it may run short of resources due to retirements of coal-fired generation.