Financial Transmission Rights (FTR)
The MIC will choose between a PJM proposal and one from the Monitor to resolve pricing and dispatch misalignment issues in the fast-start pricing plan.
SPP’s Board of Directors approved the first two revision requests stemming from the Holistic Integrated Tariff Team’s work.
SPP Board Chair Larry Altenbaumer asked the Strategic Planning Committee for an education session on congestion hedging following stakeholder disagreement.
The Market Implementation Committee held discussions on credit requirements and stability-limited generators, and received updates on the ARR/FTR Market Task Force and the nGEM project.
XO Energy has filed a new challenge to the way PJM and its Independent Market Monitor prevent gaming in the FTR market.
CAISO’s congestion revenue rights auction continued to lose money in 2019 but less than in prior years, the Department of Market Monitoring said.
FERC approved MISO’s proposal to bar participants from its market when it identifies evidence of default, manipulation or unreasonable risk.
Stakeholders on Thursday overwhelmingly approved an overhaul of PJM’s rules for managing the credit risks of market participants.
FERC rejected rehearing requests over the commission’s November 2017 order approving PJM’s tougher requirements for pseudo-tied generators.
PJM's meetings had discussions on opportunity costs, collateral requirements, resource adequacy and TOs' controversial plans for reducing critical assets.
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