HomeNews By Docket & Bill NumberDocket Order 741
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September 16, 2011
FERC yesterday ordered the RTOs to engage in ongoing compliance reviews of market participants' risk management policies, further expanding the breadth of RTOs' power beyond their originally intended functions.
July 21, 2011
Various proposals from PJM regarding increased credit requirements, in response to the FERC RTO credit "reform" order, will not help avoid the intended moral hazard or limit risk, and are instead, "just market barriers that solidify the dominance of large incumbent players," CCES LLC said in…
July 5, 2011
Market participants in ISO New England would be required to have an investment grade credit rating, maintain a minimum tangible net worth of $1 million, or maintain a minimum of $10 million in total assets under proposed new minimum participation requirements proposed by ISO-NE.
July 5, 2011
New York ISO's proposed capitalization requirement for market participants would require market participants to demonstrate, based on their most recent audited financial statements, either $10 million in assets or $1 million in tangible net worth.
July 1, 2011
PJM has proposed two sets of minimum participation criteria which market participants would be required to meet in order to participate in the PJM market, which small firms have said will drive them out of the market.
