The PJM Members Committee approved a proposal that would sharply reduce the penalties generators pay for underperforming during emergency conditions.

RTOs should reconsider the practice of relying on single clearing price mechanisms in their markets, FERC Commissioner Mark Christie argued in an article.

ISO-NE is targeting 2025 for the launch of its Day-Ahead Ancillary Services Initiative, to ensure reliable next‐day operating plans with increasing renewables.

FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.

ISO-NE gave the Participants Committee a review of the past winter and a preview of the next — with and without the Everett LNG terminal.

The Illinois Commerce Commission questioned MISO and PJM officials on their respective RTOs’ preparations for summer, with some concerned about reliability.

A White House official urged participants in PJM’s General Session to engage in closer collaboration at all levels as cyber and physical security threats morph.

PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.

The MRC endorsed a proposal to reduce penalties for generators that don’t meet their capacity obligations during performance assessment intervals.

Environmental activists asked FERC to reject ISO-NE’s capacity auction results, calling payments to fossil fuel generators a climate and reliability risk.