NYISO is pausing its Comprehensive Mitigation Review project until it receives further clarity from FERC, the ISO told stakeholders.

The NEPOOL Markets Committee discussed 13 amendments to proposed updates to parameters for the 2022 capacity auction.

NEPOOL's Markets Committee agreed to sunset the Forward Reserve Market but rejected ISO-NE's proposal for recalculating the dynamic delist bid threshold.

NEPOOL stakeholders proposed changes to Forward Capacity Market parameters and rules regarding the timing of delist bids.

NYISO told stakeholders that it supports most of its consultants’ proposed parameters and assumptions for the quadrennial demand curve reset.

The NEPOOL Markets Committee devoted the bulk of its meeting to debating changes to inputs and assumptions that will govern FCA 16 in February 2022.

New England’s total wholesale costs of electricity last year fell 19% to $9.8 billion, according to the ISO-NE Market Monitor’s 2019 Annual Markets Report.

Potomac Economics’ 2019 State of the Market Report for NYISO adds five recommendations while concluding the ISO’s markets “performed competitively” in 2019.

FERC approved PJM’s proposed energy price formation revisions, agreeing with the RTO that its reserve market was not functioning as intended.

ISO-NE’s winter wholesale market costs totaled $1.8 billion, a 32% decrease from the previous winter because of lower energy and capacity costs.