PJM's recent capacity auction failed to meet its reliability target, clearing nearly 7 GW short and attracting minimal new power supply. FERC Chairman Laura Swett expressed concern over these results, calling for urgent action. She emphasized that the issue is complex, requiring collaboration among federal, state, and market entities. FERC plans to address PJM's governance flaws at a technical conference, aiming to improve transparency and speed in decision-making. Commissioner Lindsay See echoed these sentiments, stressing the need for PJM to deliver reforms efficiently and build confidence for investment. FERC also set deadlines for NERC to develop reliability standards for data centers and crypto-mining operations. Additionally, FERC ordered CAISO and SPP to report on managing market seams in the Western United States. The commission advanced a complaint regarding PSE&G's transmission project cost recovery. Conversely, FERC rejected a complaint questioning Duke Energy Progress's transmission rate treatment. Finally, FERC is considering changes to transmission development incentives, balancing promotion of investment with consumer protection.