INITIATIVE:
Congestion revenue rights enhancements

Started: Sep 26, 2024

Leads
Partha Malvadkar, Hilary Staver, Dinesh Das Gupta

This initiative continues efforts to enhance the Congestion Revenue Rights (CRR) market. In 2018’s Congestion Revenue Rights Auction Efficiency Track 1B, the ISO committed to: 1) assessing the impacts of both the Track 1A and Track 1B proposals (which were designed to resolve the majority of the observed inefficiencies with the CRR auction); and 2) considering more comprehensive changes to the CRR allocation and auction design as needed. Based on stakeholder prioritization and internal analysis, this initiative will explore a variety of stakeholder concerns identified in the stakeholder catalogue process including issues related to auction efficiency, revenue inadequacy, product definition, and allocation.

Status

Proposal Development Decision Implementation Completed/Closed
Mar 26, 2025 Comments due
Apr 01, 2025 Meeting

Activities

Web meeting


Follow-up Meeting: Analysis Feb 27th Discussion

Presentation - Congestion Revenue Rights Enhancements - Mar 12, 2025

Web meeting


Working Group Session 3 - Analysis

Presentation - Congestion Revenue Rights Enhancements - Feb 27, 2025

Comment Template for Feb 27 and Mar 12 will be available and extended to Mar 26, please see relevant notice for more details.

View comments Submit comments Due: Mar 26, 05:00 pm

Web meeting


Working Group Session 2 - Foundations

Presentation - Congestion Revenue Rights Enhancements - Jan 28, 2025

Presentation - Vitol Inc - Congestion Revenue Rights Enhancements - Jan 28, 2025

Presentation - Appian Way - Congestion Revenue Rights Enhancements - Jan 28, 2025

Presentation - Morgan Stanley - Congestion Revenue Rights Enhancements - Jan 28, 2025

Presentation - Vistra - Congestion Revenue Rights Enhancements - Jan 28, 2025

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Hybrid meeting


Working Group Session 1 - Scoping Discussion

Discussion Paper - Congestion Revenue Rights Enhancements Working Group - Nov 12, 2024

Presentation - Congestion Revenue Rights Enhancements - Nov 14, 2024

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