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Troutman Sanders LLP [Communications@troutman.com] 7/11/2018 8:02:40 PM Wehrum, Bill [/o=ExchangeLabs/ou=Exchange Administrative Group (FYDIBOHF23SPDLT)/cn=Recipients/cn=33d96ae800cf43a3911d94a7130b6c41-Wehrum, Wil] Washington Energy Report July 11, 2018
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FERC Rejects FJIWs Propos
jiff;
Revisions and Initiates Section 206
Proceeding
By Elizabeth M cCorm ick & Thomas
POSTED IN GENERATION, MARKET.POLICY
On June 29, 2018, FERC rejected proposals by Calpine Corporation ("Calpine") and PJM Interconnection, L.L.C. ("PJM") to address what they view as shortcomings in PJM's capacity markets resulting from what they characterize as state subsidy programs that suppress capacity prices (the "June 29 Order").
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1C Finds ISO-PE's Tariff May Pot Adeggate dress Feel Security Concerns
By Jam ond Perry & C h risto p h e r Zentz on July
11,
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POSTED IN GENERATION, RELIABILITY
The Washington Energy
Report is a weekly publication written by the Troutman Sanders Federal Energy Regulatory Commission ("FERC") practice that monitors and reports on significant developments in
FERC and energy-related
matters around the country.
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On July 2, 2018, FERC denied ISO New England Inc.'s ("ISO-NE") request for waiver of its Transmission, Markets, and Services Tariff ("Tariff') and instituted a Federal Power Act ("FRA") section 206 proceeding because, according to FERC, the Tariff may be unjust and unreasonable. Specifically, ISO-NE requested waiver of certain provisions in its Tariff in order to delay the retirement of two generating units owned by Exelon Generation Company, LLC ("Exelon") for fuel security purposes. FERC denied the waiver request and preliminarily found that the Tariff did not sufficiently address specific regional fuel security concerns.
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I.C Approves Changes to CAISO's
Congest!
tvenue Rights Auction
By R lis s e li K o o istra & Jasm in e Hites on July 11, 2018
POSTED IN MARKET POLICY
On June 29, 2018, FERC approved the California Independent System Operator, Inc.'s ("CAISO") revisions to its congestion revenue rights ("CRR") auction intended to address the shortfall between CRR auction revenues and amounts owed by CAISO to holders of auctioned CRRs. Specifically, CAISO proposed to (1) require CAISO transmission owners to submit all known transmission maintenance outages for the next year by July 1, rather than October 15; and (2) limit the allowable source and sink pairs eligible for the CRR auction to pairs associated with supply delivery and to exclude non delivery CRR pairs.
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