collateral
FERC remained dissatisfied with PJM’s and SPP’s FTR credit policies, while ending inquiries into those of CAISO, ISO-NE and NYISO.
FERC rejected PJM’s proposal to modify the FTR rights credit requirement and opened a show-cause proceeding to examine the existing requirement.
PJM is requesting input from stakeholders on a course of action after a member defaulted on its portfolio in the financial transmission rights market.
PJM stakeholders endorsed manual revisions implementing fast-start pricing even after some members questioned one of the changes.
Stakeholders unanimously endorsed the charter for the new PJM Emerging Technologies Forum at the Markets and Reliability Committee meeting.
MISO is proposing Tariff changes that require a market participant to put up additional collateral when it exhibits undue risk to the wholesale market.
MISO is proposing to increase collateral requirements in its FTR markets and give itself discretion to ban a participant from joining or re-entering.
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