September 29, 2024

Financial Transmission Rights (FTR)

PJM MRC/MC Briefs: Dec. 5, 2019
PJM Board of Managers Chairman Ake Almgren recognized interim CEO Susan Riley for her efforts to lead the RTO during a “challenging” season.
MISO Market Subcommittee Briefs: Dec. 3, 2019
MISO is moving ahead with a proposal to bring solar generation into market dispatch, reusing many rules that brought dispatchable wind generation.
PJM MRC Briefs: Oct. 31, 2019
PJM staff and stakeholders kicked off the Markets and Reliability Committee meeting with an homage to Denise Foster on her last day with the organization.
Shell Appeals FERC’s GreenHat Rulings
Shell Energy asked the D.C. Circuit to review two FERC rulings in the GreenHat default case it denied the company a role in settlement negotiations.
PJM MIC Briefs: Oct. 16, 2019
PJM’s concerns over FTR underfunding on projects with incremental auction revenue rights won’t be addressed through any Operating Agreement revisions.
Rehearing Denied on PJM’s FTR Mark-to-Auction Rule
FERC denied a rehearing request of PJM’s mark-to-auction provision, which gives PJM leverage to secure collateral for declining portfolios in its FTR market.
No Fireworks at Conference on PJM FTR Deal
PJM’s conference to discuss its $12.5 million settlement with two FTR firms produced neither protest nor complaint from any of the many stakeholders.
PJM to Pay $12.5M to Settle GreenHat Dispute
PJM will pay two trading firms $12.5 million to end a dispute over the 890 million MWh GreenHat Energy default under a settlement agreement filed with FERC.
PJM MIC Briefs: Sept. 11, 2019
After a one-month delay, the PJM Market Implementation Committee endorsed two packages to update the RTO’s opportunity cost calculator.
© RTO Insider
GreenHat Energy Settlement Outlined to MIC
PJM told their MIC that they anticipate submitting to FERC a settlement with its members on Oct. 9 over GreenHat Energy’s massive default.

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