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April 10, 2026

Financial Transmission Rights (FTR)

Bowring Urges Return to ‘Fundamentals’
The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.
PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee rejected two proposals that would delay the disclosure of financial transmission rights on March 9, 2016.
FERC Rejects SPP’s Proposed 80% ARR Allocation
FERC found adjusting the ARR allocation rules “are a necessary step” to correct the TCR underfunding, but it set the amount available in  the allocation process at 60%.
Witnesses Ask CFTC to Drop ‘Private Rights’ Clause
A parade of witnesses implored the CFTC to reverse its position in a case that they say could undermine the broad exemptions the commission granted RTOs and ISOs in 2013.
No Consensus on PJM FTR/ARR Allocations
All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.
FERC Denies NRG’s FTR Auction Complaint
FERC has dismissed NRG's complaint alleging MISO’s 2013 revision of congestion pricing rendered the company’s FTRs worthless.
FERC Sets Feb. 4 Conference on PJM FTR Rule Changes
The FERC tech conference will also consider PJM’s ARR modeling and allocation processes.
PJM Market Implementation Committee Briefs
A roundup of news from the PJM Market Implementation Committee on Jan. 6, 2016, including a new proposal on masking FTR ownership.
FERC Orders Tech Conference on PJM FTR Rule Changes
The conference will explore PJM's claim that its existing rules on FTRs and auction revenue rights are unjust and unreasonable.
PJM Market Implementation Committee Briefs
A roundup of news from the PJM Market Implementation Committee on Nov. 4, 2015.

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