Search
December 7, 2025

Financial Transmission Rights (FTR)

CRR Initiative Elicits Mixed Reviews from CAISO Participants
The CAISO decision to possibly prioritize reforms to its congestion revenue rights auctions in 2017 has provoked mixed reactions from stakeholders.
PJM Credit Adder Fails upon Heightened Review
A proposed revision to credit requirements for financial transmission rights participants received significant stakeholder debate before the PJM MRC.
MISO
MISO Market Subcommittee Meeting Briefs
MISO has canceled plans for a mechanism to track the reasons behind commitment decisions because of a lack of stakeholder interest.
Z2 Task Force Looks at Incremental Congestion Rights
Stakeholders working on the SPP Z2 crediting process met here last week to learn about how potential solutions might affect the RTO’s other functions.
UPDATE: CAISO Monitor Proposes End to Revenue Rights Auction
The CAISO internal Market Monitor reported that the program for auctioning off congestion revenue rights suffers from inherent design flaws.
PJM Market Implementation Committee Briefs
After months of debate, PJM’s Manual 15 revisions on fuel-cost policies and hourly offers won the approval of the Market Implementation Committee.
CAISO Board Approves Broader LSE Definition
The CAISO Board of Governors voted to expand the definition of a “load-serving entity” to include the San Francisco BART and other organizations.
Role, Value of Financial Trading Debated by OPSI Panel
PJM Market Monitor Joe Bowring and others debated the role and value of the RTO's financial transmission rights market at OPSI's annual meeting last week.
Monitor Says FERC Erred in PJM FTR Ruling, Seeks Rehearing
The PJM Independent Market Monitor asked FERC on Friday to reconsider its “flawed” ruling on PJM’s financial transmission rights market.
CAISO Monitor Seeks Congestion Revenue Rights Auction Reforms
CAISO paid congestion revenue rights holders $27 million more than it took in from CRR auctions during the first half of the year, according to the ISO’s Department of Market Monitoring.

Want more? Advanced Search