Day two of FERC’s technical conference emphasized the need for more transmission to facilitate trading and properly compensating demand-side resources.

MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.

The NYISO Business Issues Committee approved rule changes regarding transmission congestion contracts and hybrid storage facilities.

NYISO is preparing to be able to adapt its reserve requirements quickly to a changing resource mix by procuring supplemental reserves.

NYISO continues to advance its Grid in Transition agenda, moving ahead with some energy and ancillary services projects while suspending or combining others.

NYISO stakeholders delayed a vote on the ISO’s proposal to procure up to 500 MW of additional reserves for Southeast New York pending another cost analysis.

CAISO’s load conformance practices do not inappropriately deny generators shortage pricing, FERC said in response to a challenge by NRG.

The MRC endorsed a change to align PJM’s Tariff with manual language on the process for requesting incremental capacity transfer rights calculations.

PJM released a proposal for revising price formation rules in its energy markets, which staff estimate could increase market costs by as much as $1.4 B.