FERC upheld its decision requiring Northern States Power to continue purchasing electricity from a small hydroelectric plant, maintaining that the plant does not have access to MISO's capacity market.

PJM staff, stakeholders, financiers, regulators and industry leaders debated the effects of environmental rules and RTO policies on the capacity market, reliability and investments at Infocast’s PJM Market Summit 2015.

PJM, MISO and ISO-NE would be forced to switch to 5-minute settlements under a draft rule announced Thursday.

A round-up of news from the PJM Market Implementation Committee on Sept. 9, 2015.

A round-up of news from the PJM Operating Committee on Sept. 8, 2015.

PJM members debated four potential changes to the offer cap at a specially called meeting of the Markets and Reliability Committee, failing to agree on any one.

FERC has denied another generator’s request for make-whole payments for natural gas it purchased that was never used during the event, citing rules against retroactive ratemaking.

PJM stakeholders will continue to debate changing the $1,000/MWh energy offer cap at a special four-hour Markets and Reliability Committee meeting called for Sept. 9.

FERC Commissioner Tony Clark said that the commission has “a sense of urgency” to take action on price formation issues after initiating an inquiry into the subject more than a year ago.

FERC denied the SPP Market Monitoring Unit’s request for rehearing of a December 2014 order that rejected the Monitor’s use of a market-impact test to track physical withholding.