NYISO's transmission planning requirements result in a need for more capacity than is required in the ISO’s market rules, according to Potomac Economics, the Market Monitoring Unit.

NYISO proposed to increase the Rate Schedule 1 carryover to $5 million, while the Installed Capacity Working Group discussed different ways to incentivize transmission security via the markets.

NYISO’s Market Monitoring Unit, Potomac Economics, presented recommendations for addressing what it calls inefficient market outcomes caused by setting locational capacity requirements based on the transmission security limit.

MISO’s Independent Market Monitor debuted six new market recommendations this year as part of his annual State of the Market report.

New York City saw a 221% increase in capacity costs in the first quarter due to the retirement of 600 MW in peaker plants and the increase of more than 300 MW in the local installed capacity requirement.

NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.

The NEPOOL Markets Committee approved an additional two-year delay of ISO-NE’s Forward Capacity Auction 19 to develop and implement a new seasonal capacity auction.

Jeff McDonald, a 22-year market monitoring veteran with ISO-NE and CAISO, has been hired as director of ERCOT’s Independent Market Monitor.

The Gulf Coast Power Association's 10th annual MISO-SPP Forum centered its focus on the energy transition before a record crowd in New Orleans.