Market Monitor
MISO’s Market Monitor urged FERC last week to resolve a standoff between MISO and PJM over interface pricing that he said is costing consumers millions.
The RTO stakeholder process came under fire last week at a FERC technical conference on the treatment of financial transactions in PJM.
SPP is seeking FERC approval for a revised Tariff that the RTO says will more accurately screen generators for market power abuses.
PJM’s request to raise the cost-based energy offer cap to $1,800/MWh through March drew a flurry of comments and protests in the days before Christmas.
PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.
The MISO Advisory Committee sought stakeholder input on making the most of demand response, and whether the RTO should take any action on FERC Order 745.
The DOJ is investigating the interconnection process in PJM’s MAAC sub-region as part of its anti-trust review of Exelon’s $6.8 billion takeover of Pepco.
FERC approved a revised JOA between PJM and Duke Energy Progress despite protests from the RTO’s IMM that it gives Duke favored treatment on interchange pricing.
UTCs in PJM have dropped by about 85% since September, after the FERC said it might make the transactions liable for uplift assessments.
PJM should revise its JOA with Duke Energy Progress to reflect the merger between Duke and Progress, according to the Market Monitor.
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