Financial Transmission Rights (FTR)
FERC found adjusting the ARR allocation rules “are a necessary step” to correct the TCR underfunding, but it set the amount available in the allocation process at 60%.
A parade of witnesses implored the CFTC to reverse its position in a case that they say could undermine the broad exemptions the commission granted RTOs and ISOs in 2013.
All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.
FERC has dismissed NRG's complaint alleging MISO’s 2013 revision of congestion pricing rendered the company’s FTRs worthless.
The FERC tech conference will also consider PJM’s ARR modeling and allocation processes.
A roundup of news from the PJM Market Implementation Committee on Jan. 6, 2016, including a new proposal on masking FTR ownership.
The conference will explore PJM's claim that its existing rules on FTRs and auction revenue rights are unjust and unreasonable.
A roundup of news from the PJM Market Implementation Committee on Nov. 4, 2015.
The PJM board directed staff to seek FERC approval for a package of rule changes related to FTRs and ARRs after the Members Committee nearly reached consensus on the proposal.
A round-up of news from the PJM Market Implementation Committee on Sept. 9, 2015.
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