• FERC last week accepted a compliance filing by NYISO regarding its revised compensation methodology governing the provision of frequency regulation service under Order 755. “We believe that NYISO has demonstrated that its interim market power mitigation measures have successfully limited opportunities for firms to benefit from bidding regulation movement above marginal costs, and therefore meet the requirements of Order No. 755,” FERC wrote (ER12-1653).
• Divided FERC Trims ROE on NY Tx Projects, Orders Hearing.)

–William Opalka