Opponents of the Southeast Energy Exchange Market said FERC's language calling for revisions to the market agreement was unclear and suggested changes to remove potential confusion.

Members of the Southeast Energy Exchange Market filed changes to the market agreement in response to a FERC directive.

FERC sided with supporters of the Southeast Energy Exchange Market after hearing arguments from opponents, saying the market does not qualify as a loose power pool.

FERC requested stakeholder arguments on whether SEEM should be considered a loose power pool under Order 888.

Opponents of the Southeast Energy Exchange Market want the federal courts to examine FERC's approval of the market.

Critics of the Southeast Energy Exchange Market say after a year of operations, it has failed to meet many of the promises of its sponsors.

The D.C. Circuit Court of Appeals remanded FERC’s approval of the Southeast Energy Exchange Market back to the commission for additional proceedings.

Oral arguments Wednesday on the appeal of FERC’s approval by operation of law of the Southeast Energy Exchange Market focused on the issue of deadlines.

The Southeast Energy Exchange Market is set to begin operations on Nov. 9 despite an ongoing legal challenge from environmental groups.

A representative of the new Southeast Energy Exchange Market assured SERC on Thursday that its reliability role will not change under the new market.