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July 22, 2024

auction revenue rights (ARRs)

FERC Finds PJM ARR/FTR Market Design Flawed; Rejects Proposed Fix
PJM must develop a new method for allocating auction revenue rights that doesn’t consider extinct generators, FERC ruled.
PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee will consider changes to rules governing day-ahead scheduling reserve eligibility.
FERC Rejects Challenges to PJM Capacity Performance
FERC rejected multiple rehearing requests on PJM's Capacity Performance rules but ordered the RTO to revise Tariff language regarding certain provisions.
No Consensus on PJM FTR/ARR Allocations
All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.
FERC Orders Tech Conference on PJM FTR Rule Changes
The conference will explore PJM's claim that its existing rules on FTRs and auction revenue rights are unjust and unreasonable.
PJM to File FTR, ARR Rule Changes with FERC
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.
FERC Orders Hearing on PJM-TransSource Dispute
A FERC administrative law judge will attempt to settle TransSource’s complaint against PJM concerning the costs of three network upgrades that the company says are being inflated by transmission owners.
PJM Members Committee Briefs
A summary of measures approved by the PJM Members Committee on Aug. 27, 2015.
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/27/15. 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.
PJM Prices Down 31% from Record-Breaking 2014
PJM energy market prices were down almost 40% in the first half of 2015 compared with 2014, while capacity and transmission service charges rose.

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