With Hurricane Harvey approaching, ERCOT’s Technical Advisory Committee focused on three tabled revision requests before scattering to their homes and work.

CAISO dropped a proposal that would have allowed third-party transmission providers to participate in the EIM after getting negative feedback on the plan.

ERCOT stakeholders tabled a proposal to eliminate the reduction of CRRs payments after the measure failed to pass the Technical Advisory Committee.

A CAISO official told stakeholders that reforms to the congestion revenue rights auctions will come only after painstaking analysis.

ERCOT’s Technical Advisory Committee unanimously approved changes to the ISO’s congestion revenue rights activity calendar and its Nodal Operating Guide.

Financial traders made clear that they won’t give up the CAISO congestion revenue rights auctions without a fight at a meeting on the auctions’ shortfalls.

CAISO last year paid out $47 million more to congestion revenue rights (CRR) holders than it took in from its auctions, the ISO’s IMM has found.

The CAISO decision to possibly prioritize reforms to its congestion revenue rights auctions in 2017 has provoked mixed reactions from stakeholders.

FERC approved a new definition of a “load-serving entity” in CAISO that includes those that purchase wholesale electricity to serve their own needs.

The CAISO internal Market Monitor reported that the program for auctioning off congestion revenue rights suffers from inherent design flaws.