CRO welcomes FERC’s initiative to standardize credit practices to improve electric power market efficiency and reduce systemic risks.
The FERC has indicated that establishing a firm target will help ensure decision and implementation.” The Commission is targeting tariff submissions conforming to these rules by June 30, 2011, to go into effect no later than 60 days after filing – i.e. to have the reforms in place before the winter peak season in 2011-2012”

CCRO’s current initiative with the PMC panel, is directly relevant to this NOPR. The CCRO will provide comments on the NOPR by drawing on the work of our members in the four PMC Subcommittees, and directly from the members’ participation in the ISO and RTO markets. The CCRO hopes its contribution of comments taking the perspectives of best practices, will help the FERC to draft rules that achieve their goals and advance healthy, robust markets for energy market participants of all types and sizes.

For convenience, CCRO is providing its comments under the paragraph structure found in the NOPR.

CLICK on any of the topics at left to participate in the commenting process underway in the PMC Panel. PMC Panel members and all CCRO members are encouraged to participate in this comment process. We will be consolidating the comments into more formal comment text for eventual submission to FERC.