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Congestion revenue rights 2009-2010 enhancements
In conducting its annual and monthly Congestion Revenue Rights allocation and auction processes for release of prospective CRRs, the ISO has identified credit and non-credit issues as candidates for further refinements. The ISO is revising the current credit requirements for CRR auction participation to improve the ISO’s credit coverage and efficiency of collateral usage and to facilitate participation in the auctions. The ISO is resolving the following non-credit issues: • Revise load migration process • Revise modeling and treatment of trading hubs in CRR allocation • Eliminate multi-point CRRs from CRR design • Add a weighted least squares objective function • Refine tiers in monthly allocation
- Outcome
  Implemented all 2009 /2010 Congestion Revenue Rights enhancements outlined in the initiative description. — Implemented: Feb. 2011; FERC Order: Sept. 1, 2010 (ER10-1756); Board of Governors decision: May 17, 2010
- Congestion revenue rights 2009-2010 enhancements - papers and proposals
- Congestion revenue rights 2009-2010 enhancements - tariff language
- Comments on CRR non-credit issues draft final proposal
- Comments on CRR non-credit policy enhancements draft tariff language
- Comments on CRR non-credit issues draft final proposal and straw proposal
- Comments on CRR 2009-2010 enhancements 15-Sep-2009
- Comments on CRR 2009-2010 enhancements 28-Aug-2009
- Congestion revenue rights credit policy enhancements auction impact