The NEPOOL Markets Committee approved changes to the rules around retirement bids and discussed upping financial penalties for missed project milestones.

ISO-NE's march to eliminating its minimum offer price rule (MOPR) continued with a vote in the NEPOOL Markets Committee.

NWPP took its first steps implementing its Western Resource Adequacy Program, allowing participants to submit resource data for a “nonbinding” phase.

The California PUC penalized PG&E $125 million for starting the 2019 Kincade fire by using a new enforcement tool that caused discord among commissioners.

Vermont DPS Commissioner June Tierney says ISO-NE must “achieve reliability, fueled by renewability with a keen eye on affordability.”

The PJM MRC and MC approved several initiatives at their meetings, including a new task force to examine the alignment of the gas and electric markets.

FERC approved an interconnection waiver requested by CAISO for two 30-MW generating units needed for reliability.

NEPOOL stakeholders and ISO-NE continue to work on eliminating the MOPR from the capacity market, discussing multiple proposals on transitional mechanisms.

CAISO governors encouraged Californians to wear lighter clothing and turn up thermostats as a way to prevent capacity shortfalls this summer.

EBA marked its 75th anniversary at its virtual annual meeting, which included sessions on capacity markets and remarks by FERC Chair Richard Glick.