The Market Monitors for CAISO and PJM told a House subcommittee that their respective financial transmission rights markets are significantly flawed.

PJM presented the Planning Committee with issues it sees with its current process for evaluating market efficiency projects.

PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.

FERC again ordered SPP to rewrite its rules on auction revenue rights (ARRs) and long-term congestion rights (LTCRs).

The SPP Strategic Planning Committee directed RTO staff to move forward with a high-priority congestion study that earlier failed to gain traction.

The PJM Market Implementation Committee approved a problem statement to analyze potential changes in how energy efficiency resources participate in markets.

A summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee.

SPP’s MOPC approved a revision request to comply with FERC guidance on the RTO’s disparate treatment of PTP and NITS during periods of redispatch.

FERC rejected rehearing requests on the PJM financial transmission rights (FTR) market in time for implementation of changes in the 2017 ARR allocation.

PJM stakeholders agreed to update pseudo-tie rules, move quickly on efforts to reduce uplift and create a new Security & Resiliency Committee.