FERC Seeks Reports from Operators on Organized Markets’ Changing System Needs

On April 21, 2022, the Federal Energy Regulatory Commission (FERC) directed the operators of six regional organized electric power markets to “provide information regarding their changing system needs and plans for potential reforms.”

FERC’s News Release states:

The California Independent System Operator Corp., ISO New England, Inc., Midcontinent Independent System Operator, Inc., New York Independent System Operator, Inc., PJM Interconnection, L.L.C., and Southwest Power Pool, Inc. have 180 days to file reports in response to the order. Today’s order follows a staff whitepaper and four technical conferences conducted in 2021 that explored the changing nature of the organized markets and their operations.

The Reports should address current system needs, operator expectations, and plans to reform the market.

Public comments are due 60 days following the filing of the reports.

See the FERC News Release here: https://elibrary.ferc.gov/eLibrary/filelist?accession_num=20220422-3010