Financial Transmission Rights (FTR)
A summary of measures approved by the PJM Markets and Reliability Committee on July 23, 2015.
Our summary of the issues scheduled for votes at the PJM MRC on 07/23/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
FERC rejected multiple requests for rehearing of its October 2014 order finding fault with SPP's interpretation of long-term congestion rights.
A round-up of news from the PJM Market Implementation Committee on July 8, 2015.
A merchant transmission developer accused several PJM transmission owners of inflating the costs of upgrades necessary to approve three auction revenue rights requests.
ODEC introduced a last-ditch effort to reach consensus on a redesign of the financial transmission rights and auction revenue rights processes.
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
MISO Market Monitor David Patton called for tighter rules on wayward generators, more precise real-time pricing and a fix for Financial Transmission Rights funding shortfalls.
FERC denied rehearing in a challenge to PJM's method of funding Financial Transmission Rights, closing a docket that had been in limbo for almost two years.
A first-read proposal to disband a deadlocked Financial Transmission Rights/Auction Revenue Rights Senior Task Force drew a strong reaction from PJM stakeholders.
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