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December 11, 2025

Financial Transmission Rights (FTR)

MIC OKs Options to Reduce FTR Shortfalls
The Market Implementation Committee gave preliminary approval Wednesday to two proposals for lowering the risk of FTR revenue shortfalls. The two proposals ...
PJM Delays Action on CFTC Order
PJM Thursday postponed a vote on changes needed to comply with the Commodity Futures Trading Commission order exempting most PJM market participants from CFT...
Back to the Drawing Board on FTR Forfeitures for Incs, Decs
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...
MRC Defines UTCs; Adds Bid Limit and FTR Forfeiture Rule
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 May Bar Some Financial Players from Trading – UPDATE
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.
MC/MRC Final Approval: ARR Modeling Revised
The Markets and Reliability and Members Committees approved modeling changes for the annual Auction Revenue Rights (ARR) allocation to reflect the return of ...
CFTC Approves Dodd-Frank Exemption for RTOs
By Rich Heidorn Jr. PJM Insider WASHINGTON  (April 2, 2013) — The Commodity Futures Trading Commission agreed Thursday to exempt PJM market transactions fro...
PJM, Monitor in Stalemate on FTR Forfeiture Rule
WILMINGTON (April 2, 2013) — PJM officials were left scratching their heads Thursday after stakeholders rejected the RTO’s tariff changes for determining whe...
Monitor Calls for Fixes to Capacity, Reserve, Demand Response
By Rich Heidorn Jr. Washington, DC (March 14, 2013) - Market Monitor Joseph Bowring released the 2012 State of the Markets report with a call for changes to...
Stakeholders Back PJM on FTR Forfeiture Rules
The Market Implementation Committee voted overwhelmingly March 6 to endorse PJM’s proposals for applying forfeiture rules to virtual transactions, rejecting ...

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