PJM asked FERC to initiate settlement judge procedures in its dispute with generators over nonperformance penalties for Winter Storm Elliott.

MISO will fire up its capacity auction machinery beginning April 18 after it was forced to delay the auction last month on a FERC order.

PJM has assessed more than $1.8 billion in performance penalties on generators that underperformed during the December 2022 winter storm, the RTO said.

PJM asked FERC to delay its capacity auctions to give the RTO time to incorporate rule changes to address reliability concerns.

FERC conditionally approved a PJM proposal to revise its approach to accrediting intermittent and hybrid resources under its ELCC model.

More generator companies filed complaints with FERC alleging that PJM violated its governing documents during its response to the December 2022 winter storm.

PJM presented a draft proposal to delay the next four Base Residual Auctions to the Members Committee during a special meeting.

Nautilus Power asked FERC to dismiss penalties over the December 2022 storm, saying PJM failed to provide sufficient notice for their units to purchase gas.

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

MISO said it created more than $4 billion in value for its members during 2022, with most of the savings related to its large geographic footprint.