September 28, 2024

Virtual Transactions

Traders Respond to IRC on Risk Management Efforts
Traders behind a request to update decade-old RTO credit policies fired back against claims that its filing proposes a “one-size-fits-all solution."
Energy Trading Institute
RTO Council Balks at Credit Rulemaking
The ISO/RTO Council asked FERC to reject financial traders’ request to update RTO credit policies, saying it would upset stakeholder proceedings.
FERC Queries PJM on Virtual Transaction Rules
PJM must provide FERC with a refreshed briefing on whether the RTO still wants to charge uplift on all virtual trades in light of recent market changes.
FERC Reverses Course — Again — in PJM Line-loss Case
FERC reversed its position again in a more than decadelong dispute over line-loss refunds, ordering PJM to surcharge load to recover overpayments.
RTO Board Members Share Views on Oversight Role
Present and former RTO board members at the Energy Bar Association’s annual meeting quickly seized control, asking questions of each other.
FERC Approves MISO Pseudo-tie Proposal
FERC approved Tariff revisions intended to relieve costs for MISO resources pseudo-tying into PJM despite criticism that they didn't go far enough.
Pexels
Mixed Ruling for Trader over PJM Repricing Events
FERC agreed with Monterey MA that PJM failed to provide information on two real-time repricing events but rejected the company’s request for refunds.
PJM Market Implementation Committee Briefs: Oct. 10, 2018
A proposal to revise PJM’s credit requirements for financial transmission rights in response to the historic GreenHat Energy default will be delayed.
PJM
FERC Upholds Orders on PJM Virtual Trading Nodes, Uplift
FERC rejected requests for rehearing of its ruling reducing the number of bidding nodes for virtual transactions in PJM, and upheld its rejection of the RTO’s proposal to allocate uplift to UTCs.
© RTO Insider
SPP Board of Directors/Members Committee Briefs: July 31, 2018
The SPP Board of Directors approved a Tariff change requiring non-dispatchable variable energy resources (NDVERs) to register as dispatchable (DVERs).

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