Financial Transmission Rights (FTR)
PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.
CAISO is advancing into the second phase of reforms to its congestion revenue rights (CRR) auction, focusing on implementing a structure that provides only a partial congestion hedge rather than a full one.
The CAISO Board of Governors approved a controversial proposal on congestion revenue rights and market power mitigation.
PJM stakeholders at last week’s Market Implementation Committee meeting approved two problem statements and issue charges presented by Exelon.
CAISO’s fourth quarter was beset by 15-minute market energy shortages and a significant shortfall in CRR auction revenues, the ISO’s Market Monitor said.
CAISO is moving ahead with major modifications to its congestion revenue rights (CRR) auction even as some stakeholders urge a deeper look.
Stakeholders denied four proposals to revise PJM’s rules on evaluating designated market paths for energy sales coming into the RTO.
a FERC administrative law judge has concluded that PJM’s system impact study process is unjust and unreasonable because of a lack of transparency.
CAISO unveiled a plan to restructure its congestion revenue rights (CRR) auction to address long-running complaints, including those of their internal market monitor.
FERC’s enforcement policy is unlikely to shift significantly despite the arrival of four new commissioners, a panel of present and former FERC staffers said. But some think the commission should provide more clarity in defining violations.
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