September 28, 2024

Virtual Transactions

SPP Coal Generation Continues Decline; Wind, Load Records Set
SPP set a new record for wind power generation Friday when the footprint cracked the 12,000-MW threshold for the first time while coal generation declined.
Market Manipulation Cases Dominate FERC Enforcement
Market manipulation cases dominated FERC enforcement efforts in fiscal 2016, according to the Office of Enforcement’s 10th annual report.
PJM Market Monitor’s Q3 Report Finds Markets Competitive
The PJM Market Monitor reported that capacity and regulation market results were “generally competitive” in the first 9 months of 2016, but remain vulnerable to stress.
Role, Value of Financial Trading Debated by OPSI Panel
PJM Market Monitor Joe Bowring and others debated the role and value of the RTO's financial transmission rights market at OPSI's annual meeting last week.
FERC: SPP Treating P2P Customers Unfairly on Congestion Rights
FERC rejected proposed SPP Tariff revisions, saying they would unfairly favor network transmission customers over point-to-point customers in how the RTO awards congestion rights.
FERC Finds PJM ARR/FTR Market Design Flawed; Rejects Proposed Fix
PJM must develop a new method for allocating auction revenue rights that doesn’t consider extinct generators, FERC ruled.
FERC Issues Revised Connected Entity, Data Collection Proposal
FERC revised its proposed rules for connected entity data collection from market-based rate traders to monitor against market manipulation.
PJM Financial Marketers Coalition Calls on Hogan
Fighting a PJM proposal to impose uplift costs on UTC trades, the Financial Marketers Coalition enlisted one of the intellectual pioneers of electricity markets in its defense.
CFTC to Add ‘Private Rights’ to RTO Exemption
CFTC said it is amending its order exempting RTOs from certain provisions of the Commodity Exchange Act to clarify that it does not bar private rights of action.
FERC Rules on MISO Revenue Sufficiency Guarantee
FERC cleared a backlog of disputes over MISO’s revenue sufficiency guarantee (RSG), issuing a quartet of orders in dockets dating back to 2009.

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