market-based rate authority (MBRA)
Idaho Power can continue to sell power at market-based rates after it acquired more than 200 MW in resources 2023 and 2024, FERC ruled.
FERC approved tariff revisions by Berkshire Hathaway Energy subsidiaries PacifiCorp, Nevada Power and Sierra Pacific Power that will enable the utilities to earn market-based rates when participating in the WRAP.
FERC threatened to revoke Idaho Power’s market-based rate authority in its home territory, citing the utility’s failure of a key market power test.
FERC asked for more information on the Western Resource Adequacy Program, including how it would accommodate participants without market-based rate authority.
FERC revoked Tri-State's market-based rate authority in the Western Area Power Administration's Colorado-Missouri balancing authority area.
FERC rejected a protest by PJM’s Monitor in approving Kestrel’s updated market power analysis, saying its complaints were directed at the RTO’s rules.
FERC agreed to remove market mitigation measures for Southern Co. in South Carolina, saying the utility meets the standards for market-based rate authority.
PJM’s Monitor opened another front in its bid to strengthen its market power rules, challenging the renewals of rate authorizations in 14 dockets.
FERC approved Basin Electric Power Cooperative’s request to make wholesale sales of energy, capacity and ancillary services at market-based rates.
FERC denied multiple requests for rehearing and clarification of Orders 860 and 861, which concerned reporting requirements and screens for MBR sellers.
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