Rich Sedano addressed the Governmental and Regulatory Affairs Advisory Group Meeting of the Northeast Power Coordinating Council (NPCC) in Boston on the topic of evaluating market designs in the face of increasing amounts of variable renewable power. As the importance of resource capabilities increases and resource adequacy and system stability become more inseparable, the value of maintaining a capacity market diminishes. Consequently, market design must be evaluated to ensure that long-term investment signals value the capabilities needed to ensure system quality.