September 30, 2024

Financial Transmission Rights (FTR)

PJM Markets and Reliability Committee Briefs
A summary of measures approved by the PJM Markets and Reliability Committee on July 23, 2015.
PJM Markets and Reliability Commitee Preview
Our summary of the issues scheduled for votes at the PJM MRC on 07/23/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
FERC Rejects Rehearing on SPP Congestion Rights
FERC rejected multiple requests for rehearing of its October 2014 order finding fault with SPP's interpretation of long-term congestion rights.
PJM MIC Briefs
A round-up of news from the PJM Market Implementation Committee on July 8, 2015.
Transmission Developer: PJM TOs Inflating Upgrade Costs for ARRs
A merchant transmission developer accused several PJM transmission owners of inflating the costs of upgrades necessary to approve three auction revenue rights requests.
ODEC Seeks Last-Ditch Vote on Deadlocked FTR/ARR Issue
ODEC introduced a last-ditch effort to reach consensus on a redesign of the financial transmission rights and auction revenue rights processes.
Monitor at Odds with PJM, Marketer over FTR Forfeiture Rule
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
MISO Monitor Debates Capacity Rules with Board
MISO Market Monitor David Patton called for tighter rules on wayward generators, more precise real-time pricing and a fix for Financial Transmission Rights funding shortfalls.
FERC Denies Rehearing on PJM FTR Funding
FERC denied rehearing in a challenge to PJM's method of funding Financial Transmission Rights, closing a docket that had been in limbo for almost two years.
Move to Disband FTR Task Force Splits PJM Members
A first-read proposal to disband a deadlocked Financial Transmission Rights/Auction Revenue Rights Senior Task Force drew a strong reaction from PJM stakeholders.

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