FERC ruled that New Brunswick Energy Marketing does not appear to have horizontal market power in the New Brunswick balancing authority area, concluding a Section 206 proceeding that came out of a failed market share screening test.

New Brunswick Energy Marketing argued in its 2022 filing that a delivered price test and additional evidence indicate it does not have market power, despite the screen failure.

The RTO stakeholder process came under fire last week at a FERC technical conference on the treatment of financial transactions in PJM.

FERC ordered a review of PJM’s rules regarding up-to-congestion transactions (UTCs), saying the RTO may be discriminating in how it treats these trades.

PJM’s Board of Managers will ask FERC to approve a proposal opposed by generators to reduce payments to frequently mitigated units (FMUs).

PSEG, AEP and FirstEnergy are among the utilities with the greatest risk of seeing their transmission rates decline as a result of FERC’s new formula for determining returns on equity, according to a new report.