PJM's Board of Managers rejected a proposal to lower nonperformance penalties, while AMP was displeased the board responded to reliability claims.

MISO said that a sloped demand curve applied to its recent seasonal auction would have boosted summer clearing prices as much as sixfold.

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

PJM offered a series of suggestions for how it could overhaul its capacity market in the wake of widespread resource failures during last December's winter storm.

FERC approved NYISO’s proposed 17-year amortization period when calculating the annual costs for hypothetical fossil fuel peaker plants.

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.

Columnist Steve Huntoon says FERC Commissioner Mark Christie's attack on single clearing price markets is ill informed.

MISO still doesn’t have enough justification to institute a minimum capacity obligation, FERC decided last week.

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

The PJM Members Committee approved a proposal that would sharply reduce the penalties generators pay for underperforming during emergency conditions.