FERC

FERC Chasing the Uncatchable

Trying to fix mandatory capacity markets like trying to win whack-a-mole, Part I

FERC’s efforts to get capacity markets “right” have led to endless – and futile – tinkering. The cure proposed – making capacity auction markets mandatory – has unfortunately proved far worse than the disease.

FERC v. Ohio

Will the Feds weigh in on the great Buckeye brawl?

Ohio ratepayers could prosper if natural gas prices rise in the next few years, boosting revenues when the utilities resell into PJM markets.

Order 745: Challenge to Plain Old Power Markets

The Order will extend application of load-reducing technologies and marketing to a new class of services.

The marginal external benefits provided by demand response prove more than sufficient to overcome concerns that paying LMP was too expensive.

The Long and Short of Grid Congestion

FTRs make hedging possible, but can PJM ensure full funding without playing favorites?

Financial traders believe PJM’s proposal discriminates since they are more likely to hold counter-flow FTRs.

Harbinger or Anomaly?

As it becomes more routine for developers to offer cost containment commitments, it will become increasingly difficult for RTOs to ignore the cost impact of proposals.

Are recent transmission developer selections based on cost containment a harbinger of the future or just an anomaly?

FERC Revises Market-Based Rate Procedures

Order 816 indicates the commission is scrutinizing the underlying calculations of market power analyses.

This revision could have significant impact on market power analyses of certain franchised utilities and affiliated MBR entities.