FERC defended its ruling approving bidding results in ISO-NE’s 2013/14 Winter Reliability Program in response to TransCanada Power Marketing.

FERC reaffirmed its conclusion that the results of ISO-NE’s 2013/14 Winter Reliability Program were just and reasonable despite the fact that the largest participants may have had market power.

FERC ordered ISO-NE to provide it more information to prove that the 2013-14 winter reliability program resulted in just and reasonable rates.