in News Departments > Policy Watch
print the content item

The Federal Energy Regulatory Commission (FERC) has proposed new rules to improve operations in organized electric markets, boost competition and bring additional benefits to consumers.

The proposed reforms, outlined in a notice of proposed rulemaking on competition, are designed to ensure just and reasonable rates and to remedy undue discrimination and preference and improve wholesale competition in organized markets. They address demand response and market pricing during a period of reserve shortage, long-term power contracting, market-monitoring policies and responsiveness of regional transmission operators (RTOs) and independent system operators (ISOs) to stakeholders and customers.

The specific proposals include:

- accepting bids from demand response resources in their markets for certain ancillary services comparable to other resources,

- requiring RTOs and ISOs to dedicate a portion of their Web sites for market participants to post offers to buy or sell power on a long-term basis,

- requiring each RTO and ISO to provide its market monitoring unit with access to market data, resources and personnel necessary to carry out its duties, and

- adopting principles for RTOs and ISOs to ensure inclusiveness, fairness in balancing diverse interests, representation of minority positions and ongoing responsiveness.

As the proposed reforms are not the final effort to strengthen competition in organized markets, FERC encouraged each RTO or ISO to study whether further reforms are necessary to eliminate barriers to demand response. According to FERC, any reforms must ensure that demand response resources are treated on a comparable basis as other resources.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.


How To Mitigate Blade Issues And Costly Downtime

Routinely inspecting your turbine's blades can help identify problems early on, ultimately cutting down unscheduled maintenance costs.

Canwea_id1984
Renewable NRG_id1934