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December 5, 2025

Financial Transmission Rights (FTR)

Trader Challenges PJM FTR Forfeiture Rules
XO Energy has filed a new challenge to the way PJM and its Independent Market Monitor prevent gaming in the FTR market.
CAISO CRRs Still Losing Money, but Less
CAISO’s congestion revenue rights auction continued to lose money in 2019 but less than in prior years, the Department of Market Monitoring said.
FERC OKs Broader Market Protections for MISO
FERC approved MISO’s proposal to bar participants from its market when it identifies evidence of default, manipulation or unreasonable risk.
PJM Members OK Tighter Credit Rules
Stakeholders on Thursday overwhelmingly approved an overhaul of PJM’s rules for managing the credit risks of market participants.
FERC Sides With PJM on Pseudo-tie Challenges
FERC rejected rehearing requests over the commission’s November 2017 order approving PJM’s tougher requirements for pseudo-tied generators.
PJM MRC/MC Briefs: Feb. 20, 2020
PJM's meetings had discussions on opportunity costs, collateral requirements, resource adequacy and TOs' controversial plans for reducing critical assets.
NYISO Business Issues Committee Briefs: Feb. 12, 2020
NYISO stakeholders approved external ICAP limits and changes to the Transmission Congestion Contracts Manual during the Business Issues Committee meeting.
Traders Respond to IRC on Risk Management Efforts
Traders behind a request to update decade-old RTO credit policies fired back against claims that its filing proposes a “one-size-fits-all solution."
New Agreement Swaps COTP Access for CAISO CRRs
FERC will allow the Transmission Agency of Northern California to convert capacity on a line into “option” congestion revenue rights in the CAISO market.
PJM MRC/MC Briefs: Jan. 23, 2020
The PJM Markets and Reliability Committee discussed soak time modeling, primary frequency response, and the RTO's work to update its credit rules.

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