ISO-NE presented stakeholders the pros and cons of moving to a prompt and seasonal capacity market.

ISO-NE outlines a potential switch to a prompt and seasonal capacity market.

PJM continued its presentation of its proposal to overhaul the capacity market during a June 21 Critical Issue Fast Path process meeting.

PJM presented its CIFP proposal to overhaul the capacity market, with the new addition of a seasonal capacity model.

A comfortable result for MISO's 2023/24 auction does not guarantee sufficient capacity during the coming summer, executives said.

FERC on Tuesday accepted a MISO tariff filing, promising to annually update an unforced capacity-to-intermediate seasonal accredited capacity ratio.

MISO this week said it will likely operate with almost no firm generating capacity to spare to manage typical summertime peaks.

MISO executives said the capacity market still needs fixing, warning that the surplus gained from last week’s auction is fleeting without long-term changes.

The results of MISO’s inaugural seasonal capacity auctions, released late Wednesday, showed sufficient supply for the 2023/24 planning year.

The Illinois Commerce Commission questioned MISO and PJM officials on their respective RTOs’ preparations for summer, with some concerned about reliability.