Virtual Transactions
Traders behind a request to update decade-old RTO credit policies fired back against claims that its filing proposes a “one-size-fits-all solution."
The ISO/RTO Council asked FERC to reject financial traders’ request to update RTO credit policies, saying it would upset stakeholder proceedings.
PJM must provide FERC with a refreshed briefing on whether the RTO still wants to charge uplift on all virtual trades in light of recent market changes.
FERC reversed its position again in a more than decadelong dispute over line-loss refunds, ordering PJM to surcharge load to recover overpayments.
Present and former RTO board members at the Energy Bar Association’s annual meeting quickly seized control, asking questions of each other.
FERC approved Tariff revisions intended to relieve costs for MISO resources pseudo-tying into PJM despite criticism that they didn't go far enough.
FERC agreed with Monterey MA that PJM failed to provide information on two real-time repricing events but rejected the company’s request for refunds.
A proposal to revise PJM’s credit requirements for financial transmission rights in response to the historic GreenHat Energy default will be delayed.
FERC rejected requests for rehearing of its ruling reducing the number of bidding nodes for virtual transactions in PJM, and upheld its rejection of the RTO’s proposal to allocate uplift to UTCs.
The SPP Board of Directors approved a Tariff change requiring non-dispatchable variable energy resources (NDVERs) to register as dispatchable (DVERs).
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