Financial Transmission Rights (FTR)
Stakeholders denied four proposals to revise PJM’s rules on evaluating designated market paths for energy sales coming into the RTO.
a FERC administrative law judge has concluded that PJM’s system impact study process is unjust and unreasonable because of a lack of transparency.
CAISO unveiled a plan to restructure its congestion revenue rights (CRR) auction to address long-running complaints, including those of their internal market monitor.
FERC’s enforcement policy is unlikely to shift significantly despite the arrival of four new commissioners, a panel of present and former FERC staffers said. But some think the commission should provide more clarity in defining violations.
Stakeholders at the Markets and Reliability Committee meeting declined to endorse any proposals to revise PJM’s capacity model.
FERC approved the request from SPP to issue price corrections and resettlements stemming from the OPPD retirement of its Fort Calhoun nuclear plant.
PJM’s Tim Horger provided an update on the RTO’s efforts to comply with the FERC plan on fast-start resources at the Market Implementation Committee meeting.
The Dec. 21 FERC order requiring SPP to help fast-start resources set LMPs added one more to-do for the RTO in what is shaping up to be a busy 2018.
PJM stakeholders endorsed examining the aggregation rules for seasonal demand response, but not before thoroughly questioning EnerNOC.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee on Dec. 21, 2017.
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