Energy Department, Federal Energy Regulatory Commission
The Federal Energy Regulatory Commission (Commission) is modifying its regulations regarding the horizontal market power analysis required for market-based rate sellers that study certain Regional Transmission Organization (RTO) or Independent System Operator (ISO) markets and submarkets therein. This modification relieves such sellers of the obligation to submit indicative screens to the Commission in order to obtain or retain authority to sell energy, ancillary services and capacity at market-based rates. The Commission's regulations continue to require market-based rate sellers that study an RTO, ISO, or submarket therein, to submit indicative screens for authorization to make capacity sales at market-based rates in any RTO/ ISO market that lacks an RTO/ISO-administered capacity market subject to Commission-approved RTO/ISO monitoring and mitigation. For those RTOs and ISOs that do not have an RTO/ISO-administered capacity market, Commission-approved RTO/ISO monitoring and mitigation is no longer presumed sufficient to address any horizontal market power concerns for capacity sales where there are indicative screen failures. Sellers studying RTO/ISO markets that do not have an RTO/ISO-administered capacity market would be relieved of the requirement to submit indicative screens to the Commission if they sought market-based rate authority limited to sales of energy and/or ancillary services in those markets.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Energy FEDERAL ENERGY REGULATORY COMMISSION 18 CFR Part 35 [Docket No. RM19-2-000; Order No. 861] AGENCY: Federal Energy Regulatory Commission. ACTION: Final rule. SUMMARY: The Federal Energy Regulatory Commission (Commission) is modifying its regulations regarding the horizontal market power analysis required for market-based rate sellers that study certain Regional Transmission Organization (RTO) or Independent System Operator (ISO) markets and submarkets therein. This modification relieves such sellers of the obligation to submit indicative screens to the Commission in order to obtain or retain authority to sell energy, ancillary services and capacity at market-based rates. The Commission's regulations continue to require market-based rate sellers that study an RTO, ISO, or submarket therein, to submit indicative screens for authorization to make capacity sales at market-based rates in any RTO/ISO market that lacks an RTO/ISO-administered capacity market subject to Commission-approved RTO/ISO monitoring and mitigation. For those RTOs and ISOs that do not have an RTO/ISO-administered capacity market, Commission-approved RTO/ISO monitoring and mitigation is no longer presumed sufficient to address any horizontal market power concerns for capacity sales where there are indicative screen failures. Sellers studying RTO/ISO markets that do not have an RTO/ISO-administered capacity market would be relieved of the requirement to submit indicative screens to the Commi…
Other Federal Register documents from the same docket.
Citation: 84 FR 36374
