MISO juggled several projects over 2023 designed to fend off imminent reliability problems and will keep up the multitasking in 2024.

FERC approved a settlement between PJM and 81 parties to reduce the $1.8 billion in penalties assessed against generators that underperformed during Winter Storm Elliott.

NYISO’s Business issues Committee approved testing of dynamic reserves, changes to the LCR optimizer, and new capacity accreditation rules.  

ISO-NE should move to a prompt and seasonal capacity market to better accommodate the evolving mix of resources and reliability risks in the region, Analysis Group told stakeholders at the NEPOOL Markets Committee meeting.

NYISO stakeholders continued their criticism of the ISO’s effort to improve its demand response programs, saying it has inadequately addressed their concerns.

PJM’s MIC heard updates on capacity market proposals pending before FERC and began a review of how energy efficiency resources participate in the market.

MISO leadership predicted adequate supply paired with a temperate winter at the final Board Week of the year.

The 3rd U.S. Circuit Court of Appeals upheld FERC's 2021 approval of PJM's tightened minimum offer price rule, which removed a requirement that resources receiving state subsidies be mitigated to their cost-based offer.

FERC wants more description behind MISO’s plan to adopt sloped demand curves for its capacity auctions before it decides the matter.