ISO-NE energy demand has fallen 3 to 5% since stay-at-home orders began being implemented across New England, the NEPOOL Reliability Committee heard.

The battle over FERC’s order expanding PJM’s minimum offer price rule moved to federal court as environmental groups, cooperatives and regulators filed petitions.

The Market Implementation Committee held discussions on credit requirements and stability-limited generators, and received updates on the ARR/FTR Market Task Force and the nGEM project.

NYISO’s Management Committee saw graphic evidence of how the COVID-19 pandemic response is impacting power demand in New York.

FERC clarified voluntary renewable energy credits and participation in RGGI will not subject capacity resources to PJM’s expanded minimum offer price rule.

NYISO floated a plan that would provide hybrid storage resources three options for participating in its energy and capacity markets.

MISO’s capacity auction marked the RTO’s first clearing price set by its cost of new entry, as prices in the Lower Peninsula rocketed to almost $260/MW-day.

MISO is offering stakeholders a compromise on one of two proposals it will file with FERC, removing a provision that would eliminate capacity credits for slow-response LMRs.

ISO-NE’s wholesale market costs last fall declined 38% year over year to $1.5 billion, with both energy and capacity market costs decreasing significantly.

ISO-NE will file two versions of its Energy Security Improvements market design with FERC after NEPOOL's Participants Committee approved a modified version.