PJM’s concerns over FTR underfunding on projects with incremental auction revenue rights won’t be addressed through any Operating Agreement revisions.

FERC rejected an ALJ’s finding that PJM’s transmission study process is unjust and unreasonable for developers seeking to secure IARRs.

MISO and PJM said they will propose changes to how they determine flowgate rights in a white paper in November.

PJM proposed an alternative stakeholder process to implement market rule changes recommended in a special report on the RTO’s role in the GreenHat default.

The PJM Market Implementation Committee heard a first read on a proposed change to the calculations for financial transmission rights forfeitures.

PJM and MISO said they plan to partner on an extra study to better coordinate their incremental auction revenue rights (IARRs) processes.

MISO and PJM plan to unveil rule changes that will better synchronize how they manage incremental auction revenue rights along their seam.

a FERC administrative law judge has concluded that PJM’s system impact study process is unjust and unreasonable because of a lack of transparency.

PJM officials briefed the Market Implementation Committee on the implications of FERC's lack of quorum.