RTO credit policy
FERC will hold a technical conference on credit risk best practices to prevent a repeat of PJM’s GreenHat Energy default.
NYISO CEO Rich Dewey told stakeholders that staff are determining whether a technical problem related to the demand curve reset violates the Tariff.
Con Ed won approval from the NYISO BIC of a proposal to increase the exemption from real-time generation penalties for units that supply steam to New York City.
Panelists expressed worry about regulatory uncertainty during a FERC technical conference on the COVID-19 pandemic’s impact on the industry.
Stakeholders unanimously endorsed the charter for the new PJM Emerging Technologies Forum at the Markets and Reliability Committee meeting.
The PJM MRC endorsed a proposal to allow market participants to use surety bonds as collateral for all market purposes except financial transmission rights.
The PJM MRC deferred a vote on an issue charge to consider rule changes for hybrid resources after members questioned the plan to assign it to a new senior task force.
SPP’s Board of Directors approved the first two revision requests stemming from the Holistic Integrated Tariff Team’s work.
FERC granted NYISO a waiver of the Tariff language defining a public power entity, extending the definition to cover any government entity.
ISO-NE’s wholesale market costs last fall declined 38% year over year to $1.5 billion, with both energy and capacity market costs decreasing significantly.
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