MISO said it has concluded that a short-term capacity reserve product would be cost-effective and beneficial to reliability.

The PJM Board of Managers directed staff to identify changes to improve reserve market pricing that can be implemented for next winter.

PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.

FERC approved SPP’s proposed Tariff revisions to eliminate a gaming opportunity related to regulation deployment adjustments.

FERC rejected PJM’s most recent proposal for compensating the systemwide service and ordering a technical conference on larger concerns.

PJM debated stakeholders over whether existing units should be under the same obligation to provide primary frequency response that FERC ordered for new units.

FERC gave MISO the go-ahead on a second type of market definition for energy storage.

While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.

PJM won’t be offering market compensation to comply with FERC’s requirement that almost all resources provide primary frequency response.

ERCOT stakeholders are once again raising the subject of real-time co-optimization, with the Independent Market Monitor in strong support.