FERC approved CAISO’s plan to reduce the capacity available in its congestion revenue rights auctions but rejected a proposal to cut CRR payments.

FERC accepted revisions to long-term PJM FTR auctions to correct current processes that might overstate available system capacity and harm ARR holders.

PJM and MISO said they plan to partner on an extra study to better coordinate their incremental auction revenue rights (IARRs) processes.

PJM asked members to decide whether to liquidate GreenHat Energy's FTR portfolio now or let the positions run their natural course over the coming months.

PJM staff are still working on how to respond to GreenHat Energy’s default in the financial transmission rights market.

In his quarterly state of the market report, the PJM IMM said the results of the 2018 Base Residual Auction show the need to change its capacity offer cap.

PJM stakeholders at the MRC and MC unanimously endorsed proposed revisions for seasonal aggregation.

FERC granted NYISO a temporary Tariff waiver to allow it to reserve 256 MW of transmission congestion contracts for load-serving entities (LSEs).

Fernandez told the PJM MIC that his staff are still completing calculations for retroactively reallocating costs for certain transmission projects.

FERC approved changes to CAISO’s congestion revenue rights auction, rejecting protesters' complaints that they eliminate legitimate hedging opportunities.