Financial Transmission Rights (FTR)
A merchant transmission developer accused several PJM transmission owners of inflating the costs of upgrades necessary to approve three auction revenue rights requests.
ODEC introduced a last-ditch effort to reach consensus on a redesign of the financial transmission rights and auction revenue rights processes.
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
MISO Market Monitor David Patton called for tighter rules on wayward generators, more precise real-time pricing and a fix for Financial Transmission Rights funding shortfalls.
FERC denied rehearing in a challenge to PJM's method of funding Financial Transmission Rights, closing a docket that had been in limbo for almost two years.
A first-read proposal to disband a deadlocked Financial Transmission Rights/Auction Revenue Rights Senior Task Force drew a strong reaction from PJM stakeholders.
A round-up of news from the PJM Market Implementation Committee on May 6, 2015.
If FERC keeps its word, virtual traders in PJM should have clarity by the end of October on whether up-to-congestion transactions will be subject to additional charges.
A summary of measures approved by the PJM Markets and Reliability and Members committees on April 23.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 03/26/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
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