congestion revenue rights (CRRs)
The ERCOT Technical Advisory Committee unanimously approved a change to how emergency response service resources return following recall.
The ERCOT Technical Advisory Committee approved the Corpus Christi North Shore transmission project to address more than 1 GW of industrial load growth.
CAISO’s congestion revenue rights auction continued to lose money in 2019 but less than in prior years, the Department of Market Monitoring said.
FERC will allow the Transmission Agency of Northern California to convert capacity on a line into “option” congestion revenue rights in the CAISO market.
CAISO reported lower wholesale electricity prices during the third quarter, driven by lower natural gas costs and fewer transmission constraints.
FERC ordered Vitol and a senior trader to show cause why they should not be fined for manipulating CAISO’s market to limit losses on the company’s CRRs,
A spike in natural gas prices drove up the cost of wholesale electricity in CAISO in Q1 2019, but changes to CRR Auctions appears to be working .
CAISO will tackle its new role as reliability coordinator in 2019, and California lawmakers will struggle with preventing wildfires sparked by power lines.
CAISO’s efforts to rein in congestion revenue rights insufficiencies seemed to show progress, but fell short in the last months of 2018.
FERC has accepted CAISO’s revised proposal to protect electricity ratepayers from funding shortfalls in the ISO’s congestion revenue rights market.
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