Recent Market News and Orders
Sizing the Markets: Initial Filings Under Order 697
This paper examines 18 filings under Order 697 requiring transmission providers in the Northeast to file updated market power studies. The paper demonstrates the great differences among the filings in terms of size of each market, estimation of imports and reserve requirements which result in significantly different calculation of each market's uncommitted capacity.
FERC QF Obligation Order - January 22, 2008 (19 pages)
First FERC Order granting to electric utilities the ability to be release from their obligation to purchase power from Qualifying Facilities ("QFs"). Electric utilities must provide a showing that markets are sufficiently competitive that QFs have reasonable opportunity to sell their electric power into the market.
FERC Order 697 - July 21, 2007 (679 pages)
FERC's Final Order concerning the calculation of required market power screens and the schedule of such filings over the next several years for applicants requesting market-based rate authority.