Financial Transmission Rights (FTR)
NYISO stakeholders approved external ICAP limits and changes to the Transmission Congestion Contracts Manual during the Business Issues Committee meeting.
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."
FERC will allow the Transmission Agency of Northern California to convert capacity on a line into “option” congestion revenue rights in the CAISO market.
The PJM Markets and Reliability Committee discussed soak time modeling, primary frequency response, and the RTO's work to update its credit rules.
NYISO is moving the proxy bus for pricing transactions with Ontario’s IESO to reflect power-flow changes from the implementation of phase-angle regulators.
PJM sent members directions on how to file claims against the $5 million fund established in the GreenHat settlement after FERC accepted the agreement.
PJM will spend the forthcoming year dealing with the fallout of FERC’s capacity market ruling and adjusting to a new CEO and CFO.
The PJM MRC endorsed the first round of credit policy revisions to come out of a task force formed in the wake of GreenHat Energy’s default.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting Dec. 19, 2019.
CAISO reported lower wholesale electricity prices during the third quarter, driven by lower natural gas costs and fewer transmission constraints.
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