PJM stakeholders appeared resigned to a unilateral FERC filing by the Board of Managers revising the RTO’s proposed price formation rules.

The Operating Committee endorsed PJM’s recommended winter weekly reserve targets, which consist of monthly values based on weekly peak load.

PJM staff are pushing skeptical stakeholders to vote on a proposal to revise energy price formation at the next Energy Price Formation Task Force meeting.

The current ERCOT market design “will support more than sufficient reserve margins,” according to a draft report the grid operator filed with the Texas PUC.

The PJM initiative to revise how its energy market is constructed continued down the rabbit hole with a discussion about the timing of procuring reserves.

FERC approved MISO’s plan to improve its procurement of reserves in MISO South.

PJM is hoping to simplify its communication of items that require stakeholder action through a new “stakeholder impact slide” in presentations.

PJM rolled out a proposal to procure reserves on a more granular level, a move the RTO hopes will shift more generator revenues back into the energy market.

PJM faced several high load forecasts and hot weather alerts last month but never had to take emergency procedures, the Operating Committee learned.

CAISO will make permanent the practice of boosting its power reserves to account for utility-scale solar tripping offline because of an inverters problem.