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.
SPP’s Board of Directors approved the first two revision requests stemming from the Holistic Integrated Tariff Team’s work.
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.
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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