Entries in FTR (1)

Wednesday
Sep182019

ISO-NE expands auction opportunities for Financial Transmission Rights

On September 17, 2019, ISO New England launched the Financial Transmission Rights - Balance of Planning Period (FTR BoPP) project to provide market participants with more opportunities to configure their FTR portfolio. The ISO and the New England Power Pool filed jointly with the Federal Energy Regulatory Commission to make the changes.

FTRs are important financial instruments in the Day-Ahead Energy Market (DAM) that entitle the holder, a market participant, to acquire an annual or monthly share of excess revenues collected by the ISO that arises when the New England transmission grid is congested. (Energy market prices are made up of three components: energy, transmission congestion costs, and losses.)

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