Financial Transmission Rights (FTR)
The NYISO Business Issues Committee recommended approving extensions of historic fixed-price transmission congestion contracts.
CAISO’s Board of Governors approved revisions to the ISO’s congestion revenue rights auction, and the EIM Governing Body approved Travis Kavulla as a member.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on June 21, 2018.
FERC sufficiently justified its decision to revise how PJM allocates revenues from transmission congestion, the D.C. Circuit Court of Appeals ruled.
PJM staff outlined their proposal for registering aggregations of seasonal Demand Response (DR) resources that can’t comply with the year-round requirements of Capacity Performance.
MISO and PJM plan to unveil rule changes that will better synchronize how they manage incremental auction revenue rights along their seam.
PJM and the Monitor presented members with separate proposals to revise the long-term financial transmission rights market.
FERC approved SPP’s proposed Tariff revisions to incorporate Tri-State Generation as a new transmission owner in an existing pricing zone.
January’s cold weather resulted in a sharp increase in natural gas and power prices in the first quarter, PJM’s Independent Market Monitor reported.
PJM’s Market Implementation Committee approved manual revisions reducing the number of virtual bidding locations by almost 90%.
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