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

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.

The ERCOT Board of Directors rejected an appeal by small public power distributors seeking a proposed change to the definition of transmission owners.

ERCOT’s Technical Advisory Committee approved staff’s recommendation to remove reliability unit commitment capacity from the grid operator’s ORDC.

Texas Public Utility Commissioner Brandy Marquez on Thursday quietly resigned, effective April 2. The announcement followed the PUCT open meeting

Infocast’s annual ERCOT Market Summit once again featured panel discussions on market reform, grid resiliency and resource adequacy.

ERCOT said it expects the recent retirement of coal-fired and aging units to result in tight operating reserves this summer .

The Texas PUC postponed until March a decision on whether to remove reliability unit commitments from ERCOT’s operating reserve demand curve.

PJM released a proposal for revising price formation rules in its energy markets, which staff estimate could increase market costs by as much as $1.4 B.