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.
For an overarching view of where each initiative is in the development process, view the Policy Initiatives Timeline (updated weekly).
| Proposal Development | Decision | Implementation | Completed/Closed |
|---|---|---|---|
|
Sep 17 2026* Meeting
|
Jul 06, 2026 Final proposal Phase 1 posted
Jul 16, 2026 Board approved |