FERC rejected a request by the New England States Committee on Electricity to broaden the commission’s ruling raising ISO-NE’s peak energy rent adjustment.
FERC said that a proposed revision to the Federal Power Act that would increase the right to appeal rate changes may have only limited effectiveness.
FERC granted a NEPGA complaint that a penalty imposed by ISO-NE during a heat wave proved that a rule intended to punish resource withholding is unjust.
Plaintiffs asked a federal appellate court to force FERC to rule on the legality of the ISO-NE eighth Forward Capacity Auction.
FERC's general counsel said that there are “significant benefits” to allowing challenges to rates that take effect as a result of a commission deadlock.
The 36% increase in prices in last week’s ISO-NE capacity auction likely represents the peak for the foreseeable future.
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