Generation

FTR contract volume and value up slightly with mild temps, robust wind output

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S&P Global Platts

Author: Mark Watson

Houston — Financial transmission rights auctioned in September for use in October were collectively up slightly in contract volume and value in comparison with a year earlier, possibly in anticipation of milder temperatures and stronger wind output hitting transmission constraints.

October FTR volumes were up nearly 24% in the Electric Reliability Council of Texas market and the PJM Interconnection, compared with …

Electricity

FERC flips on MOPR exemption for competitive retail auctions, directs compliance filing

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S&P Global Platts

Author: Jasmin Melvin

Washington — The Federal Energy Regulatory Commission on Thursday approved certain aspects of PJM Interconnection’s plan to implement sweeping capacity market reforms and reversed its position on whether competitive state default retail service auctions qualify as state subsidies.

But FERC Chairman Neil Chatterjee and Commissioner Richard Glick, the sole Democrat on the panel, gave disparate interpretations of …