Late last week, folks at FERC probably popped some bottles of champagne when the U.S. Court of Appeals for the Ninth Circuit issued an opinion denying a petition challenging FERC’s Order No. 697, “Market-Based Rates For Wholesale Sales Of Electric Energy, Capacity And Ancillary Services By Public Utilities.” Order No. 697, which became effective September [...]
Archive for the ‘Wholesale Energy Markets’ Category
10 May
FERC’s Proposed Data Improvements Aim to Enhance Market Monitoring and Transparency
Late last month, FERC concurrently released two Notices of Proposed Rulemaking (NOPRs) related to electronic tag (e-Tag) data associated with transactions in wholesale power markets. The first NOPR (Docket No. RM10-12-000) proposes changes to “facilitate price transparency in markets for the sale and transmission of electric energy in interstate commerce” by requiring market participants that [...]
17 Mar
FERC Approves Final Rule on Demand Response Compensation
Two days ago, FERC issued the final version of a rule that establishes “a specific compensation approach for demand response resources participating in the organized wholesale energy markets administered by RTOs and ISOs.” The rule is guided by the notion that a wholesale energy market is only as effective and competitive as the active participation [...]
28 Feb
Preventing Insider Trading and Market Manipulation in Wholesale Energy Markets
Late last week, international law firm WilmerHale published a very thorough review of the European Commission’s (EC) recently proposed rules aimed at preventing abuse in wholesale energy markets. The proposal hopes to close gaps in the “existing regime” that were found upon inspection by the Committee of European Securities Regulators and the European Regulators Group [...]
