The PJM Market Implementation Committee endorsed the creation of a fifth cost of new entry area for the Commonwealth Edison zone, as well as two proposals aiming to limit the prospective performance impact of implementing multi-schedule modeling in the market clearing engine.

Many at the joint conference focused on the eventual result of the contest between CAISO's Extended Day-Ahead Market and SPP's Markets+ to organize the West's electricity market.

PJM reported that synchronized reserve resource operators have reported several reasons for shortfalls in their response rates,  including operating under a ruleset FERC rejected last year.

MISO expounded on why its late August maximum generation emergency wasn’t met with prices dictated by its emergency offer floors.

MISO said it will push back a contentious filing for a new, marginal approach to capacity accreditation into early next year.

ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.

FERC reaffirmed its support for NYISO’s 17-year amortization period in its installed capacity market, rejecting protests from state regulators and consumers.  

A call for FERC to run a technical conference on capacity accreditation ran into a mixed reception, with the ISO/RTO Council saying it is too regional of an issue for the idea to have an impact.

Clean energy groups in MISO have told FERC it should rethink its support of a ban on renewable energy in MISO’s ancillary service market because the commission didn’t consider hybrid resources.

MISO has calculated significant increases in its annual cost of new entry for use in its capacity auction in the 2024/25 planning year.