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May 2, 2024

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FERC Rebuffs PJM, SPP on FTR Credit Rules

FERC remained dissatisfied with PJM’s and SPP’s FTR credit policies, while ending inquiries into those of CAISO, ISO-NE and NYISO.

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FERC Rejects PJM’s FTR Credit Requirement Proposal
FERC rejected PJM’s proposal to modify the FTR rights credit requirement and opened a show-cause proceeding to examine the existing requirement.
PJM
PJM Weighs Options on Hill Energy FTR Default
PJM is requesting input from stakeholders on a course of action after a member defaulted on its portfolio in the financial transmission rights market.
PJM
PJM MRC Briefs: Aug. 25, 2021
PJM stakeholders endorsed manual revisions implementing fast-start pricing even after some members questioned one of the changes.
PJM MRC/MC Briefs: June 18, 2020
Stakeholders unanimously endorsed the charter for the new PJM Emerging Technologies Forum at the Markets and Reliability Committee meeting.
MISO Looks Beyond FTRs for Market Protections
MISO is proposing Tariff changes that require a market participant to put up additional collateral when it exhibits undue risk to the wholesale market.
MISO Moving to Expand Authority on Market Defaults
MISO is proposing to increase collateral requirements in its FTR markets and give itself discretion to ban a participant from joining or re-entering.

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