Long Term Transmission Rights in Markets Operated by Regional Transmission Organizations and Independent System Operators; Notice Inviting Comments on Establishing Long Term Transmission Rights in Markets With Locational Pricing, 28519 [E5-2488]

Download as PDF Federal Register / Vol. 70, No. 95 / Wednesday, May 18, 2005 / Notices the proceeding. Any person wishing to become a party must file a notice of intervention or motion to intervene, as appropriate. Such notices, motions, or protests must be filed on or before the comment date. Anyone filing a motion to intervene or protest must serve a copy of that document on the Applicant and all parties to this proceeding. The Commission encourages electronic submission of protests and interventions in lieu of paper using the ‘‘eFiling’’ link at https://www.ferc.gov. Persons unable to file electronically should submit an original and 14 copies of the protest or intervention to the Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426. This filing is accessible online at https://www.ferc.gov, using the ‘‘eLibrary’’ link and is available for review in the Commission’s Public Reference Room in Washington, DC. There is an ‘‘eSubscription’’ link on the Web site that enables subscribers to receive e-mail notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please e-mail FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Linda Mitry, Deputy Secretary. [FR Doc. E5–2487 Filed 5–17–05; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. AD05–7–000] Long Term Transmission Rights in Markets Operated by Regional Transmission Organizations and Independent System Operators; Notice Inviting Comments on Establishing Long Term Transmission Rights in Markets With Locational Pricing May 11, 2005. The Commission invites all interested persons to file comments addressing establishing long term transmission rights in electricity markets operated by Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs). An important cost of transmission service is the congestion cost that customers incur when, due to the physical limitations of the grid, they are unable to obtain energy from the lowest cost generation resources. In markets with locational pricing, participants can VerDate jul<14>2003 14:03 May 17, 2005 Jkt 205001 hedge against congestion costs by holding Financial Transmission Rights (FTRs), which are generally allocated to historical users of the grid. Currently, the longest term FTR offered in any of the RTO or ISO markets is one year. The Commission is aware of interest by some market participants and others to obtain transmission service at a known price for periods longer than one year in markets that use locational pricing. In response, the Commission staff has conducted informal outreach to get informal views on the need for, and issues raised by, establishing long term transmission rights. At this point, the Commission desires to obtain written comments by all interested parties. The Commission is particularly interested in comments that address the following: • The need for long term transmission rights and the problems caused by the lack of them. Are such rights needed more by certain types of entities or in markets in certain regions? • The impacts of introducing long term rights. What specific impediments or problems must be addressed? • The plans of specific RTOs and ISOs to address long term transmission rights. • Substantive and procedural options for the Commission to address long term transmission rights. The Commission is aware that the adequacy of long term transmission rights may be an issue in markets that do not use locational pricing but believes that there are unique issues in markets with locational pricing that are best addressed separately. A Commission staff document is available online at https://www.ferc.gov to assist parties in providing comments, but will not be published in the Federal Register. The staff document provides background on the need for long term transmission rights and the issues that must be addressed in introducing them into markets. The document also provides specific questions to address as well as general background on locational pricing and on FTR allocation methods in the existing RTOs and ISOs. For further information, contact: Wilbur Earley, Office of Markets Tariffs and Rates, 202–502–8087, wilbur.earley@ferc.gov. Udi Helman, Office of Markets Tariffs and Rates, 202–502–8080, udi.helman@ferc.gov. Jeffery Dennis, Office of General Counsel, 202–502–6027, jeffery.dennis@ferc.gov. The Commission encourages electronic submission of comments in lieu of paper using the ‘‘eFiling’’ link at https://www.ferc.gov. Persons unable to file electronically should submit an PO 00000 Frm 00014 Fmt 4703 Sfmt 4703 28519 original and 14 copies of the comment to the Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426. All filings in this docket are accessible on-line at https:// www.ferc.gov, using the ‘‘eLibrary’’ link and will be available for review in the Commission’s Public Reference Room in Washington, DC. There is an ‘‘eSubscription’’ link on the Web site that enables subscribers to receive email notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please e-mail FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5 p.m. eastern time on June 27, 2005. Linda Mitry, Deputy Secretary. [FR Doc. E5–2488 Filed 5–17–05; 8:45 am] BILLING CODE 6717–01–P ENVIRONMENTAL PROTECTION AGENCY [FRL–7914–2] Agency Information Collection Activities OMB Responses Environmental Protection Agency (EPA). ACTION: Notice. AGENCY: SUMMARY: This document announces the Office of Management and Budget’s (OMB) responses to Agency clearance requests, in compliance with the Paperwork Reduction Act (44 U.S.C. 3501 et seq.). An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. The OMB control numbers for EPA’s regulations are listed in 40 CFR part 9 and 48 CFR chapter 15. FOR FURTHER INFORMATION CONTACT: Susan Auby (202) 566–1672, or e-mail at auby.susan@epa.gov and please refer to the appropriate EPA Information Collection Request (ICR) Number. SUPPLEMENTARY INFORMATION: OMB Responses to Agency Clearance Requests OMB Approvals EPA ICR No. 1692.05; NESHAP for Petroleum Refineries (Renewal); in 40 CFR part 63, subpart CC; was approved 04/21/2005; OMB Number 2060–0340; expires 04/30/2008. EPA ICR No. 2137.02; Standards of Performance for New and Existing E:\FR\FM\18MYN1.SGM 18MYN1

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[Federal Register Volume 70, Number 95 (Wednesday, May 18, 2005)]
[Notices]
[Page 28519]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-2488]


-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. AD05-7-000]


Long Term Transmission Rights in Markets Operated by Regional 
Transmission Organizations and Independent System Operators; Notice 
Inviting Comments on Establishing Long Term Transmission Rights in 
Markets With Locational Pricing

May 11, 2005.
    The Commission invites all interested persons to file comments 
addressing establishing long term transmission rights in electricity 
markets operated by Regional Transmission Organizations (RTOs) and 
Independent System Operators (ISOs).
    An important cost of transmission service is the congestion cost 
that customers incur when, due to the physical limitations of the grid, 
they are unable to obtain energy from the lowest cost generation 
resources. In markets with locational pricing, participants can hedge 
against congestion costs by holding Financial Transmission Rights 
(FTRs), which are generally allocated to historical users of the grid. 
Currently, the longest term FTR offered in any of the RTO or ISO 
markets is one year.
    The Commission is aware of interest by some market participants and 
others to obtain transmission service at a known price for periods 
longer than one year in markets that use locational pricing. In 
response, the Commission staff has conducted informal outreach to get 
informal views on the need for, and issues raised by, establishing long 
term transmission rights. At this point, the Commission desires to 
obtain written comments by all interested parties. The Commission is 
particularly interested in comments that address the following:
     The need for long term transmission rights and the 
problems caused by the lack of them. Are such rights needed more by 
certain types of entities or in markets in certain regions?
     The impacts of introducing long term rights. What specific 
impediments or problems must be addressed?
     The plans of specific RTOs and ISOs to address long term 
transmission rights.
     Substantive and procedural options for the Commission to 
address long term transmission rights.
    The Commission is aware that the adequacy of long term transmission 
rights may be an issue in markets that do not use locational pricing 
but believes that there are unique issues in markets with locational 
pricing that are best addressed separately.
    A Commission staff document is available online at https://
www.ferc.gov to assist parties in providing comments, but will not be 
published in the Federal Register. The staff document provides 
background on the need for long term transmission rights and the issues 
that must be addressed in introducing them into markets. The document 
also provides specific questions to address as well as general 
background on locational pricing and on FTR allocation methods in the 
existing RTOs and ISOs.
    For further information, contact:
    Wilbur Earley, Office of Markets Tariffs and Rates, 202-502-8087, 
wilbur.earley@ferc.gov.
    Udi Helman, Office of Markets Tariffs and Rates, 202-502-8080, 
udi.helman@ferc.gov.
    Jeffery Dennis, Office of General Counsel, 202-502-6027, 
jeffery.dennis@ferc.gov.
    The Commission encourages electronic submission of comments in lieu 
of paper using the ``eFiling'' link at https://www.ferc.gov. Persons 
unable to file electronically should submit an original and 14 copies 
of the comment to the Federal Energy Regulatory Commission, 888 First 
Street, NE., Washington, DC 20426.
    All filings in this docket are accessible on-line at https://
www.ferc.gov, using the ``eLibrary'' link and will be available for 
review in the Commission's Public Reference Room in Washington, DC. 
There is an ``eSubscription'' link on the Web site that enables 
subscribers to receive e-mail notification when a document is added to 
a subscribed docket(s). For assistance with any FERC Online service, 
please e-mail FERCOnlineSupport@ferc.gov, or call (866) 208-3676 (toll 
free). For TTY, call (202) 502-8659.
    Comment Date: 5 p.m. eastern time on June 27, 2005.

Linda Mitry,
Deputy Secretary.
[FR Doc. E5-2488 Filed 5-17-05; 8:45 am]
BILLING CODE 6717-01-P
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