FERC eyes improved cost allocation, transparency for uplift in power markets

摘要

Market participants that prove to be more “helpful” in meeting thernreal-time needs of the organized wholesale power markets will notrnhave to chip in to foot the bill for uplift caused by deviations betweenrnday-ahead and real-time market needs under a rule FERC proposed onrnThursday.rnWhile given a variety of monikers and acronyms by regional gridrnoperators, uplift payments are used to make an energy supplier wholernwhen the supplier is not sufficiently compensated by market-clearingrnprices. Also called make-whole payments, uplift payments have beenrneyed by FERC and stakeholders as symptoms of broader priceformationrnissues.