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October 03, 2022

MIC Rejects Change to FTR Long-Term Auction Modeling

Jul 16, 2013
Rich Heidorn Jr.
PJM Market Implementation Committee (MIC) / FERC & Federal / Financial Transmission Rights (FTR)
The Market Implementation Committee last week soundly rejected a proposal to change the modeling assumptions used in long-term auctions of Financial Transmission Rights (FTR). The proposal — which would have reduced capability in long-term FTR auctions from 100% to 50% of available capability after reserving Auction Revenue Right (ARR) capability...

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