Analysis Group outlined the methodology of its study of major changes to the structure of ISO-NE’s Forward Capacity Market (FCM) at the NEPOOL Markets Committee meeting.

CEO Rich Dewey told stakeholders at an ISO Management Committee meeting that he recommended Nelson to the Board of Directors, which approved the promotion.

PJM members recommended various avenues for the RTO's Board of Managers to consider as it weighs a possible FERC filing incorporating components of proposals made during the critical issue fast path process.

NYISO secured Business Issues Committee approval of the ISO’s proposal to create separate capacity demand curves for summer and winter beginning with the 2025/2026 capability year.

MISO said it can likely take on fall with sufficient capacity and minimal operating challenges.

Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.

FERC shut down the possibility of Entergy and other smaller MISO South providers bypassing a provision within MISO’s availability-based capacity accreditation rules.

PJM presented new risk modeling figures and updates to its critical issue fast path proposal and stakeholders discussed their own proposals during the Aug. 1 CIFP process meeting.

PJM updated its Critical Issue Fast Path proposal, while several additional stakeholder presentations are scheduled for the remaining two meetings before they vote on packages.

PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.