ISO/RTO Council (IRC)
FERC will hold a technical conference on credit risk best practices to prevent a repeat of PJM’s GreenHat Energy default.
The ISO/RTO Council asked FERC to reject financial traders’ request to update RTO credit policies, saying it would upset stakeholder proceedings.
The ISO/RTO Council's report concludes the grid depends on adding renewables, the accuracy of data and coordinating DER at the grid-operator level.
CFTC said it is amending its order exempting RTOs from certain provisions of the Commodity Exchange Act to clarify that it does not bar private rights of action.
A parade of witnesses implored the CFTC to reverse its position in a case that they say could undermine the broad exemptions the commission granted RTOs and ISOs in 2013.
PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap.
The electric and natural gas industries remain divided over the start of the gas day, nine months after FERC proposed changing the start time from 9 a.m. CT to 4 a.m. CT.
PJM is ready to help its 13 states meet EPA's pending greenhouse rules, the RTO's chief economist told a Bipartisan Policy Center forum last week.
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the EPA, DOE, IRS, and Congress.
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