Markets
MISO will likely fall back on its existing capacity auction design next year after its competitive retail solution failed to win FERC approval.
FERC granted New York officials’ request to exempt new “special case resources” from buyer-side market power mitigation rules in NYISO.
FERC said it will give CAISO more time to address its concerns over intertie bidding at the borders of the Energy Imbalance Market (EIM).
FERC said that CAISO contracts for transferred frequency response service can include a provision recognizing counterparties.
FERC rejected rehearing requests on the PJM financial transmission rights (FTR) market in time for implementation of changes in the 2017 ARR allocation.
FERC rebuffed generators’ attempt to apply ISO-NE’s minimum offer price rule (MOPR) to 200 MW of renewable generation that were granted an exemption.
FERC rejected the proposed MISO three-year forward capacity auction in its retail-choice areas. It's back to the drawing board for the RTO and stakeholders.
In a settlement approved by FERC's Office of Enforcement, GDF SUEZ will will pay almost $82 million to PJM to settle market manipulation charges.
Members of the Energy Imbalance Market (EIM) saw increased savings and profits with the addition of Puget Sound Energy and APS.
Arizona Public Service (APS) can continue to charge market-based rates in Tucson Electric Power’s balancing authority area, FERC ruled.
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