firm flow entitlements (FFEs)
SPP staff assured stakeholders they are looking into the causes of congestion around the MISO seam following a third month of record M2M settlements.
PJM’s concerns over FTR underfunding on projects with incremental auction revenue rights won’t be addressed through any Operating Agreement revisions.
MISO and PJM said they will propose changes to how they determine flowgate rights in a white paper in November.
Parties of a joint congestion management process are resistant to an update to MISO and PJM's freeze date, used to grandfather transmission flows.
MISO last month called on load-modifying resources for the first time in 10 years after it declared an unusual mid-spring maximum generation emergency.
MISO and PJM have agreed not to publicly talk about the issue of pseudo-tie congestion double-counting until a FERC complaint on the issue is resolved.
SPP said it was concerned about the potential impacts of firm flow entitlement exchanges with MISO on its transmission congestion rights markets.
SPP and MISO staff told stakeholders a memorandum of understanding between the two RTOs will solve most remaining problems with their M2M process.
SPP and MISO met last week with their stakeholders to review the first five months of market-to-market operations between the two RTOs.
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