Financial Transmission Rights (FTR)
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
The RTO stakeholder process came under fire last week at a FERC technical conference on the treatment of financial transactions in PJM.
A round-up of news from the PJM Market Implementation Committee on Nov. 7, 2014.
A summary of measures approved by the PJM Markets and Reliability and Members Committees on Sept. 18, 2014.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 09/18/14. 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.
FERC ordered a review of PJM’s rules regarding up-to-congestion transactions (UTCs), saying the RTO may be discriminating in how it treats these trades.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/21/14. 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.
PJM officials last week defended their practice of creating interfaces to capture operator actions in response to voltage problems, saying they can’t guarantee the constraints will be modeled in FTR auctions.
Members narrowed the scope of a task force created to improve funding of FTR, agreeing to eliminate consideration of balancing congestion.
Members last week agreed to create a senior task force to fix the underfunding of Financial Transmission Rights (FTRs) following a debate over the role of Auction Revenue Rights.
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