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September 28, 2024

Financial Transmission Rights (FTR)

PJM
PJM Stakeholders Endorse Initial Margining Proposal
PJM stakeholders endorsed tariff revisions implementing rules related to initial margining for FTR obligations.
PJM
PJM MRC Briefs: Aug. 25, 2021
PJM stakeholders endorsed manual revisions implementing fast-start pricing even after some members questioned one of the changes.
BYD
MISO Market Subcommittee Briefs: June 10, 2021
The MISO Market Subcommittee meeting ran the gamut of storage participation, discovery of a longstanding energy pricing error and FTR underfunding.
FERC Rejects PJM FTR Forfeiture Rule
FERC rejected the FTR forfeiture rule PJM has been using for more than four years, saying it and could discourage legitimate hedging activity.
GreenHat Energy, Owners Face $229M FERC Fine
FERC threatened GreenHat Energy and its owners with $229 million in civil penalties over the company’s 890 million MWh default of its FTR portfolio in PJM.
FERC Rejects GreenHat Arguments in Shell Case
FERC rejected GreenHat Energy's arguments in a rehearing request on its contract dispute with Shell Energy.
RTOs: Let Us Share Trading Info
Last week's outages in ERCOT were on the minds of many witnesses at FERC’s technical conference on RTO/ISO credit practices.
© RTO Insider
PJM MIC Briefs: Dec. 2, 2020
PJM's Market Implementation Committee reviewed proposed manual language changes regarding financial transmission rights and UTC uplift.
NYISO OKs Changes on Hybrid, Fast Start Resources, TCCs
The NYISO Business Issues Committee approved rule changes regarding transmission congestion contracts and hybrid storage facilities.
PJM
FERC Sets Tech Conference on RTO Credit Policies
FERC will hold a technical conference on credit risk best practices to prevent a repeat of PJM’s GreenHat Energy default.

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