MISO proposed a set of changes to buttress its FTR market and said it will convene a new task team to work out the details of the fledging proposal.

FERC gave PJM stakeholders just 90 days to settle all disputes about how to best liquidate FTRs left over from the GreenHat default.

The PJM MRC heard a first read of manual changes and approved several others at what may have been its shortest meeting ever.

Most of PJM’s recent market rule changes went too quickly for advocate groups, though their desire for deceleration stops at financial transmission rights.

PJM stakeholders gathered for a special Members Committee meeting in Cambridge, Md., as part of the RTO’s Annual Meeting.

PJM will assemble a task force dedicated to studying the impacts of carbon pricing throughout the RTO’s footprint under a problem statement and issue charge approved by the MRC.

PJM stakeholders approved a charter for a task force that will recommend market rule changes in the wake of the 890 million-MWh GreenHat Energy default.

PJM proposed an alternative stakeholder process to implement market rule changes recommended in a special report on the RTO’s role in the GreenHat default.

NYISO reported that it confronted minimal operating challenges this past winter as New York enjoyed relatively mild weather for most of the season.

Naive staff and market flaws allowed a trading shop to amass the largest financial transmission right portfolio in PJM history without enough collateral.