auction revenue rights (ARRs)
After months of debate on proposed definitions for operating parameters, PJM and the Independent Market Monitor rankled some Market Implementation Committee members last week by introducing an unexpected, last-minute compromise package.
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.
MISO released a five-year operations business plan last week that calls for new products, technology upgrades and a better-trained workforce.
PJM must develop a new method for allocating auction revenue rights that doesn’t consider extinct generators, FERC ruled.
The PJM Market Implementation Committee will consider changes to rules governing day-ahead scheduling reserve eligibility.
FERC rejected multiple rehearing requests on PJM's Capacity Performance rules but ordered the RTO to revise Tariff language regarding certain provisions.
All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.
The conference will explore PJM's claim that its existing rules on FTRs and auction revenue rights are unjust and unreasonable.
The PJM board directed staff to seek FERC approval for a package of rule changes related to FTRs and ARRs after the Members Committee nearly reached consensus on the proposal.
A FERC administrative law judge will attempt to settle TransSource’s complaint against PJM concerning the costs of three network upgrades that the company says are being inflated by transmission owners.
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