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May 9, 2024

Financial Transmission Rights (FTR)

© RTO Insider LLC
PJM MIC Briefs: Jan. 11, 2023
The PJM MIC endorsed a proposal to increase the maximum number of bids a single corporate entity can place in the RTO’s financial transmission rights auctions.
NYISO
NYISO Management Committee Briefs: Nov. 30, 2022
NYISO’s Management Committee approved tariff revisions and received briefings on the ISO’s winter supply outlook and its updated Strategic Plan.
© RTO Insider LLC
PJM MRC/MC Briefs: Sept. 21, 2022
PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.
SPP
SPP Continues its Counterflow Optimization Work
SPP is taking another crack at adding counterflow optimization to the congestion-hedging process following a late-August workshop.
© RTO Insider LLC
PJM Markets and Reliability Committee Briefs: Aug. 24, 2022
Load interests continued to oppose PJM’s proposal to change the market seller offer cap, a month after it failed to meet the two-thirds endorsement threshold.
Google
FERC OKs GreenHat Settlements
The principals of GreenHat Energy will pay PJM $1.4 million to settle claims over the company’s FTR market default, which cost members nearly $180 million.
IMM Report Notes Rising Fuel, Congestion Costs in PJM
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
PJM
FERC Orders ‘Paper’ Hearing on PJM FTR Collateral Dispute
FERC wants more information to determine whether it should require a 99% confidence level in setting collateral for FTR traders or the 97% level PJM sought.
FERC
FERC Proposes Allowing RTOs to Share Credit-related Info
FERC proposed allowing RTOs to share credit information about market participants, fulfilling a request the grid operators made at a 2021 technical conference.
PJM
PJM Responds to Market Monitor Recommendations
PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.

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