September 28, 2024

Financial Transmission Rights (FTR)

Shutterstock
FERC Rejects PJM’s FTR Credit Requirement Proposal
FERC rejected PJM’s proposal to modify the FTR rights credit requirement and opened a show-cause proceeding to examine the existing requirement.
Monitoring Analytics
FERC Accepts New PJM FTR Forfeiture Rule, Without Refunds
FERC accepted PJM’s new FTR forfeiture rule without ordering refunds of bills under the previous regime the RTO implemented without commission approval.
PJM
PJM Weighs Options on Hill Energy FTR Default
PJM is requesting input from stakeholders on a course of action after a member defaulted on its portfolio in the financial transmission rights market.
SPP
MMU Releases Fall Market Reports for SPP, WEIS
SPP’s MMU is “strongly” recommending that TCRs' funding shortfall be considered a high-priority item, according to its latest quarterly market reports.
PJM
PJM MIC Briefs: Dec. 1, 2021
Stakeholders endorsed a joint PJM/Independent Market Monitor proposal addressing fuel-cost policy standards at a Market Implementation Committee meeting.
Shutterstock
PJM MRC/MC Briefs: Nov. 17, 2021
PJM has proposed changes to a stakeholder-endorsed proposed on solar-battery hybrid resources after consulting with FERC staff.
Google
FERC Levies $242M in Fines on GreenHat, Owners
FERC determined that GreenHat Energy and its owners violated the Federal Power Act by “engaging in a manipulative scheme” in PJM’s FTR market.
PJM
PJM MIC Briefs: Nov. 3, 2021
Stakeholders at last week’s MIC meeting heard PJM's plan to deal with the adoption of an undefined regulation mileage ratio proposal.
London Economics
Stakeholders Endorse PJM ARR/FTR Market Changes
A joint PJM-stakeholder proposal to address the RTO’s auction revenue rights and financial transmission rights won endorsement at the MRC meeting.
Google
Estate of GreenHat’s Kittell Lobbies FERC to End Enforcement Action
The estate of GreenHat owner Andrew Kittell moved that FERC drop its enforcement action and investigate two of its employees for improper communication.

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