FERC ordered a technical conference to consider whether PJM should move from a year-round to a seasonal capacity market construct.

Stakeholders remain reticent to cede too much command and control to PJM, voting at the MRC meeting to defer a vote on revisions to Manual 14D.

FERC approved an uncontested settlement to raise ISO-NE’s peak energy rent adjustment, resolving the issues the commission set for hearing.

ISO-NE defended its proposed two-stage capacity auction, responding to criticism by its External Market Monitor and others.

NYISO power prices surged to an average of $99.55/MWh in January, up 89% from December and 148% from the same month a year ago.

PJM will ask FERC to choose between capacity market proposals by its staff and its Market Monitor (MOPR-Ex) to insulate its market from state subsidized generation.

ISO-NE’s 2018 Regional Electricity Outlook reiterates concerns about fuel security that were detailed in a separate report published by the RTO last month.

The MISO Market Monitor is seeking to use the RTO’s recent refiling of its resource adequacy construct to force a FERC ruling on changing its capacity demand curve.

ISO-NE's 12th Forward Capacity Auction saw 34,830 MW clear at $4.63/kW-month, the lowest price in five years.

Preliminary estimates show that MISO’s capacity requirements and available supply for the 2018/19 capacity auction will be in line with last year’s figures.