FERC sufficiently justified its decision to revise how PJM allocates revenues from transmission congestion, the D.C. Circuit Court of Appeals ruled.

FERC rejected rehearing requests on the PJM financial transmission rights (FTR) market in time for implementation of changes in the 2017 ARR allocation.

After its first full year under new CEO Andy Ott, and the last year of its transition to 100% Capacity Performance, PJM heads into 2017.

PJM Market Monitor Joe Bowring and others debated the role and value of the RTO's financial transmission rights market at OPSI's annual meeting last week.

The PJM Independent Market Monitor asked FERC on Friday to reconsider its “flawed” ruling on PJM’s financial transmission rights market.

PJM must develop a new method for allocating auction revenue rights that doesn’t consider extinct generators, FERC ruled.

All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.

The FERC tech conference will also consider PJM’s ARR modeling and allocation processes.

The conference will explore PJM's claim that its existing rules on FTRs and auction revenue rights are unjust and unreasonable.