NYISO CEO Rich Dewey told the Management Committee the ISO will delay deployment of new energy and business management systems, missing the deadline.

FERC granted MISO a two-year lead time to implement a new offer cap, while also directing the RTO to submit another compliance filing to meet Order 831.

PJM stakeholders resoundingly endorsed LS Power’s controversial proposal to bring cost containment measures into the RTO’s transmission planning process.

Stakeholders at the Markets and Reliability Committee meeting declined to endorse any proposals to revise PJM’s capacity model.

PJM remains disinclined to create procedures to analyze any other cost containment guarantees beyond construction cost caps.

PJM has a lot on its plate for 2018, including an ongoing effort to change its capacity market structure, the DOE NOPR and gas-electric coordination.

Only a few PJM stakeholders attended the special Planning Commission session on cost-containment provisions in bids on transmission projects.

PJM stakeholders debated how cost caps in competitive transmission bids should be weighed when they're considered for selection.

PJM’s Planning Committee held its first special session on cost caps and other cost-containment provisions for competitive transmission bids.