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RTOs and others opposed FERC's proposed penalties for missing interconnection study deadlines while generation developers balked at commercial readiness rules.
Commenters disagreed over FERC’s proposed transmission planning rules, sparring over its 20-year planning horizon and reinstatement of the federal ROFR.
FERC announced Wednesday it will hold a staff-led technical conference Feb. 25-26 on best practices for managing credit risks in organized wholesale electricity markets, an effort to prevent a repeat of PJM’s GreenHat Energy default (AD21-6, AD20-6). The conference, which was requested by the Energy Trading Institute (ETI) last December,...
By Rich Heidorn Jr. The ISO/RTO Council asked FERC on Friday to reject financial traders’ request for a rulemaking to update RTO credit policies, saying it would upset stakeholder proceedings on the issue. The Energy Trading Institute asked the commission on Dec. 16 to schedule a technical conference by March...
By Tom Kleckner North America’s independent grid operators released a report Thursday that concludes the “ongoing effectiveness” of renewable technologies will depend directly upon the electric system’s ability to “accommodate them.” The ISO/RTO Council (IRC)’s report, “Emerging Technologies: How ISOs and RTOs can create a more nimble, robust bulk electricity...
By Tom Kleckner The U.S. Commodity Futures Trading Commission said Tuesday that it is amending its 2013 order exempting RTO energy transactions from certain provisions of the Commodity Exchange Act to clarify that it does not bar private rights of action. The proposed amendment, approved in a 2-1 vote, would...
By Rich Heidorn Jr. WASHINGTON — A parade of witnesses implored the U.S. Commodity Futures Trading Commission Thursday to reverse its position in a case that they say could undermine the broad exemptions the commission granted RTOs and ISOs in 2013. At issue is the CFTC’s draft order on a...
By Suzanne Herel PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap. PJM CEO Terry Boston said that he proposed a joint approach to ISO-NE and NYISO at an ISO/RTO Council Markets Committee meeting last week. Boston said he...
By Michael Brooks (Click to zoom.) The electric and natural gas industries remain divided over the start of the gas day, nine months after federal regulators proposed changing the start time from 9 a.m. CT to 4 a.m. CT. On March 20, the Federal Energy Regulatory Commission issued a Notice...