Platts
In a key step to developing an energy market in the Northwest, a group of utilities and other entities are asking the Federal Energy Regulatory Commission to make certain findings related to their plans to launch a sub-hourly market.
FERC’s determinations will help decide whether a voluntary 15-minute trading market overseen by an independent administrator will move ahead, according to the request for a declaratory order, filed Friday with FERC.
“Recognition by the commission that an all-voluntary market model is acceptable, that the unique characteristics of the region’s resource mix will factor into oversight of market behavior, and that the region will have reasonable certainty with respect to the shape of the developing market are all critical factors in …