Financial Transmission Rights (FTR)
ERCOT says all systems are go — or more specifically, green — and early market trials have been successful as the Real-time Co-optimization plus Batteries project barrels to its Dec. 5 go-live date.
SPP stakeholders resoundingly rejected a proposed tariff change to integrate large loads, pushing back against what some say is a rushed process outside of the normal stakeholder structure.
MISO’s Independent Market Monitor has released four new market improvement recommendations concerning transmission congestion, the Midwest-South transmission link, market-to-market coordination and price settlements after grid devastation.
Calpine came to the NYISO Installed Capacity Working Group with its proposal to create on- and off-peak transmission congestion contract auctions.
The NYISO Market Monitoring Unit is proposing to revise the ISO’s net congestion rent assignment process by allocating residuals to transmission owners on an individual facility basis.
Calpine proposed that NYISO split its 24-hour-only transmission congestion contracts into on-peak and off-peak products, arguing it would reduce the cost of congestion hedging by better aligning it with load and generation behavior.
As part of its review for the Constellation-Calpine merger, DOJ asked PJM for a major trove of market data as it looks into the region where the two firms' operations overlap the most.
The NYISO Market Monitoring Unit told stakeholders it is independently analyzing the capacity market in parallel with the ISO’s ongoing Capacity Market Structure Review project.
The dispute over how CAISO’s Extended Day-Ahead Market will allocate congestion revenues to market participants continues, even as the ISO moves to address stakeholder concerns.
FERC accepted SPP’s proposed tariff revisions to incorporate a mark-to-auction collateral requirement for its transmission congestion rights market but did not terminate a show-cause proceeding.
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