Generation owners in PJM say declining capacity prices and market participation in the Base Residual Auction demonstrate underlying issues with the market.

PJM capacity prices dropped in much of the RTO for delivery year 2024/25, but ratepayers in five regions will face increases due to locational constraints.

The PJM Markets and Reliability Committee endorsed an RTO proposal to increase the maximum number of bids a single corporate entity can enter into FTR auctions.

PJM’s Board of Managers is opening an accelerated stakeholder process to address rising reliability concerns about the RTO’s capacity market.

Entergy has asked FERC to exclude some of its power plants from rules contained in MISO’s new availability-based accreditation method.

FERC approved PJM’s request to revise its capacity rules to avoid a fourfold price increase in DPL South, rejecting complaints of retroactive ratemaking.

MISO can continue as planned with its seasonal capacity auction and availability-based resource accreditation, FERC ruled, rejecting rehearing requests.

FERC dismissed a complaint that alleged ISO-NE has “undue preference” for gas generators in its capacity accreditation, operating reserve rules.

FERC accepted revisions to PJM’s tariff that the RTO proposed via its Quadrennial Review of the parameters underlying its Reliability Pricing Model auctions.

PJM updated stakeholders on its progress in collecting up to $2 billion in non-performance penalties stemming from Winter Storm Elliott.