November 17, 2024

congestion revenue rights (CRRs)

ERCOT Technical Advisory Committee Briefs: May 27, 2020
The ERCOT Technical Advisory Committee approved the Corpus Christi North Shore transmission project to address more than 1 GW of industrial load growth.
CAISO CRRs Still Losing Money, but Less
CAISO’s congestion revenue rights auction continued to lose money in 2019 but less than in prior years, the Department of Market Monitoring said.
New Agreement Swaps COTP Access for CAISO CRRs
FERC will allow the Transmission Agency of Northern California to convert capacity on a line into “option” congestion revenue rights in the CAISO market.
CAISO Reports Wholesale Prices Way Down in Q3
CAISO reported lower wholesale electricity prices during the third quarter, driven by lower natural gas costs and fewer transmission constraints.
FERC Proposes $6.8M Fine for CAISO Market Manipulation
FERC ordered Vitol and a senior trader to show cause why they should not be fined for manipulating CAISO’s market to limit losses on the company’s CRRs,
Gas Spike Drove High CAISO Power Costs in Q1
A spike in natural gas prices drove up the cost of wholesale electricity in CAISO in Q1 2019, but changes to CRR Auctions appears to be working .
CAISO
RC Transition, California Wildfires Will Occupy 2019
CAISO will tackle its new role as reliability coordinator in 2019, and California lawmakers will struggle with preventing wildfires sparked by power lines.
© RTO Insider
CAISO Q4 CRR Revenues Falling Short After Summer Surplus
CAISO’s efforts to rein in congestion revenue rights insufficiencies seemed to show progress, but fell short in the last months of 2018.
CAISO
FERC OKs CAISO Plan to Deal with CRR Shortfalls
FERC has accepted CAISO’s revised proposal to protect electricity ratepayers from funding shortfalls in the ISO’s congestion revenue rights market.
CAISO
CAISO’s CRR Market Yields Summer Surpluses
CAISO’s congestion revenue rights market showed unusual surpluses this summer because of higher congestion rents on Path 26.

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