Financial Transmission Rights (FTR)
PJM members will be asked tomorrow to approve a new power scheduling option for transactions into the New York ISO to reduce uneconomic power flows.
The PJM Members Committee met on Thursday, August 1st and approved four issues by acclimation. See our story for details.
The PJM MIC last week soundly rejected a proposal to change the modeling assumptions used in long-term FTR auctions.
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee and Members Committee meetings Thursday, 6/27.
Below is a summary of problem statements and manual, Operating Agreement and Tariff changes approved by the PJM Markets and Reliability Committee (MRC).
The Market Implementation Committee gave preliminary approval Wednesday to two proposals for lowering the risk of FTR revenue shortfalls.
The two proposals ...
PJM Thursday postponed a vote on changes needed to comply with the Commodity Futures Trading Commission order exempting most PJM market participants from CFT...
PJM and its Market Monitor still don’t agree on how the Financial Transmission Rights forfeiture rule should be applied. But they have at least reached conse...
Up-to congestion transactions were in the spotlight Thursday as the Markets and Reliability Committee:
Approved a definition of UTCs and a limit on trading...
PJM announced April 11 that it will deny most trading privileges to market participants unable to qualify for the Dodd-Frank exemption approved by the CFTC.
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