Capacity prices in most of PJM dropped by nearly two-thirds for 2022/23, with EMAAC and SWMAAC recording their lowest prices ever.

MISO has expanded its availability-based capacity accreditation proposal for generation resources by including hours that aren’t so risky.

MISO postponed filing tariff revisions to implement 4 seasonal capacity auctions and impose a more rigorous accreditation process on participating resources.

While it warns of more system risk in the coming years, MISO is preparing for an unremarkable spring and a routine capacity auction.

PJM is hosting a set of workshops aimed at discussing potential enhancements to the RTO’s capacity market.

PJM's Markets and Reliability and Members Committees met to discuss market rules, tariff revisions and elect several new members.

In an effort to avoid an increase in emergency operating conditions, MISO plans to develop a new direction for its capacity auction.

FERC denied what might be a final bid to recalibrate the results of MISO’s 2015/16 capacity auction, blocking Public Citizen’s request for rehearing.

FERC affirmed its 2018 ruling approving MISO’s current resource adequacy construct, rejecting multiple rehearing requests from critics of the decision.

PJM will move forward with its August capacity auction under current market rules, unless FERC says otherwise, CEO Andy Ott told stakeholders.