PJM proposed a new reliability metric to address resource adequacy concerns as stakeholders moved forward with plans to overhaul the RTO's capacity market.

FERC must look beyond reliability standards to boost electric industry winter readiness, says R Street Institute's Michael Giberson.

PJM's vice president of market design told the MRC that the RTO is delaying its estimation of when it will be publishing a report on the December winter storm.

PJM needs to slow the pace of generation retirements to avoid reliability problems by 2030, CEO Manu Asthana told the Electric Power Supply Association.

MISO’s annual winter lookback focused almost exclusively on operations during the widespread Dec. 23 deep freeze.

December’s winter storm and early February’s cold snap challenged the New York grid, but they did not cause any emergencies, NYISO told the Operating Committee.

PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.

PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.

The OC approved a proposal to allow for cost recovery for facilities determined critical for interconnection reliability operating limits under NERC standards.

Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.