Virtual Transactions
PJM must develop a new method for allocating auction revenue rights that doesn’t consider extinct generators, FERC ruled.
FERC revised its proposed rules for connected entity data collection from market-based rate traders to monitor against market manipulation.
Fighting a PJM proposal to impose uplift costs on UTC trades, the Financial Marketers Coalition enlisted one of the intellectual pioneers of electricity markets in its defense.
CFTC said it is amending its order exempting RTOs from certain provisions of the Commodity Exchange Act to clarify that it does not bar private rights of action.
FERC cleared a backlog of disputes over MISO’s revenue sufficiency guarantee (RSG), issuing a quartet of orders in dockets dating back to 2009.
Sen. John Boozman introduced legislation that would force the CFTC to grant SPP the same broad regulatory exemptions the commission granted other RTOs.
The FERC Office of Enforcement said that the presence of flaws in the CAISO market is irrelevant to their market manipulation case against ETRACOM.
The Clean Power Plan, FERC Order 1000, enforcement and distributed generation were favorite topics at the Energy Bar Association’s Midwest chapter meeting.
A parade of witnesses implored the CFTC to reverse its position in a case that they say could undermine the broad exemptions the commission granted RTOs and ISOs in 2013.
A summary of issues discussed at the PJM MRC and Members Committee meeting on Jan. 28, 2016.
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