Price Formation in Energy and Ancillary Services Markets Operated by Regional Transmission Organizations and Independent System Operators; Supplemental Notice of Workshop on Price Formation and Issuance of Report on Uplift in RTO and ISO Markets, 49302-49304 [2014-19748]

Download as PDF emcdonald on DSK67QTVN1PROD with NOTICES 49302 Federal Register / Vol. 79, No. 161 / Wednesday, August 20, 2014 / Notices Florida (Respondent) alleging that the return on equity (ROE) in the Respondent’s transmission formula rate is unjust and unreasonable and should be replaced with a just and reasonable ROE. Complainants certify that copies of the complaint were served on the contacts for Respondent as listed on the Commission’s list of Corporate Officials. In addition, as a courtesy, the Florida Public Service Commission was also served with a copy of the complaint. Any person desiring to intervene or to protest this filing must file in accordance with Rules 211 and 214 of the Commission’s Rules of Practice and Procedure (18 CFR 385.211, 385.214). Protests will be considered by the Commission in determining the appropriate action to be taken, but will not serve to make protestants parties to the proceeding. Any person wishing to become a party must file a notice of intervention or motion to intervene, as appropriate. The Respondent’s answer and all interventions, or protests must be filed on or before the comment date. The Respondent’s answer, motions to intervene, and protests must be served on the Complainants. The Commission encourages electronic submission of protests and interventions in lieu of paper using the ‘‘eFiling’’ link at http://www.ferc.gov. Persons unable to file electronically should submit an original and 5 copies of the protest or intervention to the Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426. This filing is accessible on-line at http://www.ferc.gov, using the ‘‘eLibrary’’ link and is available for electronic 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 email FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5:00 p.m. Eastern Time on September 2, 2014. Dated: August 13, 2014. Kimberly D. Bose, Secretary. [FR Doc. 2014–19663 Filed 8–19–14; 8:45 am] BILLING CODE 6717–01–P VerDate Mar<15>2010 16:44 Aug 19, 2014 Jkt 232001 Dated: August 14, 2014. Kimberly D. Bose, Secretary. DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [FR Doc. 2014–19751 Filed 8–19–14; 8:45 am] BILLING CODE 6717–01–P [Docket No. ID–7500–000] Harris, Kimberly J.; Notice of Filing DEPARTMENT OF ENERGY Take notice that on August 13, 2014, Kimberly J. Harris submitted for filing, an application for authority to hold interlocking positions, pursuant to section 305(b) of the Federal Power Act (FPA), 16 U.S.C. 825d(b), Part 45 of the Federal Energy Regulatory Commission’s (Commission) Rules of Practice and Procedure, 18 CFR Part 45, and Order No. 664.1 Any person desiring to intervene or to protest this filing must file in accordance with Rules 211 and 214 of the Commission’s Rules of Practice and Procedure (18 CFR 385.211, 385.214). Protests will be considered by the Commission in determining the appropriate action to be taken, but will not serve to make protestants parties to 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. On or before the comment date, it is not necessary to serve motions to intervene or protests on persons other than the Applicant. The Commission encourages electronic submission of protests and interventions in lieu of paper using the ‘‘eFiling’’ link at http://www.ferc.gov. Persons unable to file electronically should submit an original and 5 copies of the protest or intervention to the Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426. This filing is accessible on-line at http://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 email notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please email FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5:00 p.m. Eastern Time on September 3, 2014. Federal Energy Regulatory Commission 1 Commission Authorization to Hold Interlocking Positions, 112 FERC ¶ 61,298 (2005) (Order No. 664); order on reh’g, 114 FERC ¶ 61,142 (2006) (Order No. 664–A). PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 [Docket No. AD14–14–000] Price Formation in Energy and Ancillary Services Markets Operated by Regional Transmission Organizations and Independent System Operators; Supplemental Notice of Workshop on Price Formation and Issuance of Report on Uplift in RTO and ISO Markets As announced in a Notice issued on July 9, 2014, the Federal Energy Regulatory Commission (Commission) will hold a workshop on Monday, September 8, 2014 to commence a discussion with industry on uplift payments in energy and ancillary service markets operated by the Regional Transmission Organizations and Independent System Operators (RTOs/ISOs). The workshop will commence at 8:45 a.m. and conclude at 5:15 p.m. and be held at the Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426. This workshop is free of charge and open to the public. Commission members may participate in the workshop. The agenda and a list of participants for this workshop are attached. A report on uplift in RTO/ISO markets has been posted to the Commission Web site at: http://www.ferc.gov/legal/staff-reports/ 2014/08-13-14-uplift.pdf. Those who plan to attend the workshop are encouraged to complete the registration form located at: https://www.ferc.gov/whats-new/ registration/09-08-14-form.asp. There is no registration deadline. The workshop will be transcribed. Transcripts of the workshop will be available for a fee from Ace-Federal Reporters, Inc. (202–347–3700 or 1–800–336–6646). Additionally, there will be a free webcast of the workshop. The webcast will allow persons to listen to the workshop but not participate. Anyone with Internet access who wants to listen to the workshop can do so by navigating to the Calendar of Events at www.ferc.gov, locating the technical workshop in the Calendar, and clicking on the webcast link. The Capitol Connection provides technical support for the webcast and offers the option of E:\FR\FM\20AUN1.SGM 20AUN1 Federal Register / Vol. 79, No. 161 / Wednesday, August 20, 2014 / Notices listening to the meeting via phonebridge for a fee. If you have any questions, visit www.CapitolConnection.org or call 703–993–3100. While this workshop is not for the purpose of discussing specific cases, the workshop may address matters at issue in the following Commission proceedings that are pending: PJM Interconnection, L.L.C., Docket No. ER14–1144; Southwest Power Pool, Docket Nos. ER12–1179, ER13–1748, and ER14–2399; Midcontinent Independent System Operator (formerly Midwest Independent Transmission System Operator, Inc.), Docket Nos. ER04–691, EL07–86, EL07–88, EL07–92, ER09–411, ER11–2275, ER12–678, ER13–2124, EL14–58, ER14–2156, ER14–2445, and ER14–5677; and ISONew England, Docket Nos. ER14–2376 and ER14–2407. Commission workshops are accessible under section 508 of the Rehabilitation Act of 1973. For accessibility accommodations please send an email to accessibility@ferc.gov or call toll free (866) 208–3372 (voice) or (202) 502– 8659 (TTY), or send a fax to (202) 208– 2106 with the requested accommodations. For more information about the workshop, please contact: William Sauer (Technical Information), Office of Energy Policy and Innovation, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502– 6639, William.Sauer@ferc.gov. Sarah McKinley (Logistical Information), Office of External Affairs, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502– 8368, Sarah.McKinley@ferc.gov. Dated: August 14, 2014. Kimberly D. Bose, Secretary. Price Formation in Energy and Ancillary Services Markets Operated by Regional Transmission Organizations and Independent System Operators Uplift Workshop Docket No. AD14–14–000 emcdonald on DSK67QTVN1PROD with NOTICES September 8, 2014. Agenda This workshop is part of the Commission’s recently announced effort to explore improvements to market designs and operational practices in order to ensure appropriate price formation in energy and ancillary services markets. Specifically, the purpose of this workshop is to explore VerDate Mar<15>2010 16:44 Aug 19, 2014 Jkt 232001 the technical, operational and market issues that give rise to uplift payments and the levels of transparency associated with uplift payments. The workshop will also preview the scope of the remaining price formation topics, which include offer price mitigation and price caps, scarcity and shortage pricing, and operator actions that affect prices. 8:45 a.m.–9:00 a.m.—Welcome and Opening Remarks 9:00 a.m.–10:45 a.m.—Panel 1: Causes of Uplift Panel 1 will explore issues that give rise to uplift payments. Each panelist will have the opportunity to discuss drivers of uplift payments in its RTO/ ISO and is encouraged to be prepared to discuss: (1) uplift payments that have been highly concentrated and persistent on a geographic or resource basis; (2) technical, operational and market issues driving uplift payments; and (3) the relationship between uplift payments and unit flexibility. Panelists • Guillermo Bautista Alderete, California Independent System Operator Corporation • Peter Brandien, ISO-New England, Inc. • Todd Ramey, Midcontinent Independent System Operator, Inc. • Joseph Bowring, Monitoring Analytics • Robert Pike, New York Independent System Operator, Inc. • Stu Bresler, PJM Interconnection, L.L.C. • David Patton, Potomac Economics • Richard Dillon, Southwest Power Pool, Inc. 10:45 a.m.–11:00 a.m.—Break 11:00 a.m.–12:00 p.m.—Panel 2, Part 1: Impact on Market Participants Panel 2 will explore the impact of uplift on market participants. Each panelist will have the opportunity to discuss how uplift payments and/or charges affect its participation in energy and ancillary service markets operated by the RTOs/ISOs. Possible discussion items could include how business decisions are impacted by: (1) Uplift transparency provided by RTOs/ISOs, the RTO/ISO market monitoring units, and Electric Quarterly Reports; (2) price distortions resulting from out-of-market payments; and (3) the level and volatility or unpredictability of uplift charges. The RTOs/ISOs and the RTO/ ISO market monitoring units will be given an opportunity to discuss any issues raised by panelists. The first part of this panel will focus on the impact of uplift payments on market suppliers. PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 49303 Panelists • John Rohrbach, ACES • Mark Smith, Calpine Corporation • Brian Forshaw, Connecticut Municipal Electric Energy Cooperative • Ivan Kimball, Consolidated Edison Co. of New York • Jason Cox, Dynegy Inc. • Michael Schnitzer, Entergy Nuclear Power Marketing, LLC • Wesley Allen, Financial Marketers Coalition • Peter Fuller, NRG Energy • Elizabeth Whittle, Retail Energy Supply Association 12:00 p.m.–1:00 p.m.—Lunch 1:00 p.m.–2:00 p.m.—Panel 2, Part 2: Impact on Market Participants This continuation of Panel 2 from the morning session will focus on the impact of uplift payments on loadserving entities and financial marketers. Panelists (Same Panelists as Part 1) 2:00 p.m.–2:15 p.m.—Break 2:15 p.m.–4:00 p.m.—Panel 3: Price Transparency and Evolving Market Designs Panel 3 will explore the adequacy of and the potential to enhance uplift transparency and recent market design changes that may address some of the causes of uplift. Discussion will include whether and how to include uplift related costs into locational marginal prices and improve the usefulness of publicly available uplift information. Panelists should be prepared to discuss current initiatives and ideas for potential future market design changes that would further enhance transparency and price formation. Panelists • Bradford Cooper, California Independent System Operator Corporation • Brian Forshaw, Connecticut Municipal Electric Energy Cooperative • Susan Pope, Electric Power Supply Association • William Berg, Exelon Corporation • Matthew White, ISO-New England, Inc. • Todd Ramey, Midcontinent Independent System Operator, Inc. • Joseph Bowring, Monitoring Analytics • Robert Pike, New York Independent System Operator, Inc. • Stu Bresler, PJM Interconnection, L.L.C. Richard Dillon, Southwest Power Pool, Inc. 4:00 p.m.–5:00 p.m.—Panel 4: Broader Price Formation Issues Panel 4 will explore broader price formation issues and discuss next steps. E:\FR\FM\20AUN1.SGM 20AUN1 49304 Federal Register / Vol. 79, No. 161 / Wednesday, August 20, 2014 / Notices In the Notice issued on June 19, 2014, four price formation topics were outlined: (1) Use of uplift payments; (2) offer price mitigation and offer price caps; (3) scarcity and shortage pricing; and (4) operator actions that affect prices. This exploratory session will assist staff in examining the relationship among these four topics, whether other price formation topics, not included in the June 19, 2014 Notice, should be explored, and the appropriate next steps in this staff exploration of price formation. Panelists • Susan Pope, Electric Power Supply Association • Judith Judson, Energy Storage Association • Harry Singh, J. Aron & Company • David Mohre, National Rural Electric Cooperative Association • Elizabeth Whittle, Retail Energy Supply Association • David Patton, Potomac Economics • Bob Weishaar, PJM Industrial Coalition and PJM Load Coalition 5:00 p.m.–5:15 p.m.—Closing [FR Doc. 2014–19748 Filed 8–19–14; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL14–91–000] emcdonald on DSK67QTVN1PROD with NOTICES NextEra Energy Partners, LP, Elk City Wind, LLC, Genesis Solar, LLC, Northern Colorado Wind Energy, LLC, Perrin Ranch Wind, LLC, Tuscola Bay Wind, LLC; Notice of Petition for Declaratory Order Take notice that on August 12, 2014, pursuant to Rule 207 and 212 of the Federal Energy Regulatory Commission’s (Commission) Rules of Practice and Procedure, 18 CFR 385.207 and 385.212, NextEra Energy Partners, LP (NEP), Elk City Wind, LLC, Genesis Solar, LLC, Northern Colorado Wind Energy, LLC, Perrin Ranch Wind, LLC, and Tuscola Bay Wind, LLC (collectively, the Petitioners) filed a petition for declaratory order requesting that the Commission disclaim jurisdiction, or alternatively request approval under section 203 of the Federal Power Act, in connection with the issuance of public securities by NEP and related transactions, as more fully explained in the petition. Any person desiring to intervene or to protest this filing must file in accordance with Rules 211 and 214 of the Commission’s Rules of Practice and VerDate Mar<15>2010 16:44 Aug 19, 2014 Jkt 232001 Procedure (18 CFR 385.211, 385.214). Protests will be considered by the Commission in determining the appropriate action to be taken, but will not serve to make protestants parties to 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. On or before the comment date, it is not necessary to serve motions to intervene or protests on persons other than the Petitioner. The Commission encourages electronic submission of protests and interventions in lieu of paper using the ‘‘eFiling’’ link at http://www.ferc.gov. Persons unable to file electronically should submit an original and 5 copies of the protest or intervention to the Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426. This filing is accessible on-line at http://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 email notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please email FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5:00 p.m. Eastern Time on September 11, 2014. Dated: August 14, 2014. Kimberly D. Bose, Secretary. Protests will be considered by the Commission in determining the appropriate action to be taken, but will not serve to make protestants parties to 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. On or before the comment date, it is not necessary to serve motions to intervene or protests on persons other than the Applicant. The Commission encourages electronic submission of protests and interventions in lieu of paper using the ‘‘eFiling’’ link at http://www.ferc.gov. Persons unable to file electronically should submit an original and 5 copies of the protest or intervention to the Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426. This filing is accessible on-line at http://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 email notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please email FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5:00 p.m. Eastern Time on September 2, 2014. Dated: August 12, 2014. Kimberly D. Bose, Secretary. [FR Doc. 2014–19670 Filed 8–19–14; 8:45 am] [FR Doc. 2014–19750 Filed 8–19–14; 8:45 am] BILLING CODE 6717–01–P BILLING CODE 6717–01–P DEPARTMENT OF ENERGY DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Federal Energy Regulatory Commission [Docket No. OR14–38–000] [Docket Nos. EL14–78–000;QF14–91–001] Beaver Falls Municipal Authority; Notice of Amendment to Petition for Declaratory Order Take notice that on August 11, 2014, Beaver Falls Municipal Authority filed an amendment to its June 26, 2014 filing of Petition for Declaratory Order, regarding the extension of the waiver period for QF status. Any person desiring to intervene or to protest this filing must file in accordance with Rules 211 and 214 of the Commission’s Rules of Practice and Procedure (18 CFR 385.211, 385.214). PO 00000 Frm 00026 Fmt 4703 Sfmt 4703 Hiland Crude, LLC; Notice of Petition for Declaratory Order Take notice that on August 8, 2014, pursuant to Rule 207(a)(2) of the Commission’s Rules of Practices and Procedure, 18 CFR 385.207(a)(2) (2014), Hiland Crude, LLC (Hiland) filed a petition for declaratory order seeking approval of the overall rate structures and prorationing procedures (including priority capacity) for Hiland’s proposed Double H pipeline expansion project, as more fully explained in the petition. Any person desiring to intervene or to protest in this proceedings must file in E:\FR\FM\20AUN1.SGM 20AUN1

Agencies

[Federal Register Volume 79, Number 161 (Wednesday, August 20, 2014)]
[Notices]
[Pages 49302-49304]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-19748]


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

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. AD14-14-000]


Price Formation in Energy and Ancillary Services Markets Operated 
by Regional Transmission Organizations and Independent System 
Operators; Supplemental Notice of Workshop on Price Formation and 
Issuance of Report on Uplift in RTO and ISO Markets

    As announced in a Notice issued on July 9, 2014, the Federal Energy 
Regulatory Commission (Commission) will hold a workshop on Monday, 
September 8, 2014 to commence a discussion with industry on uplift 
payments in energy and ancillary service markets operated by the 
Regional Transmission Organizations and Independent System Operators 
(RTOs/ISOs). The workshop will commence at 8:45 a.m. and conclude at 
5:15 p.m. and be held at the Federal Energy Regulatory Commission, 888 
First Street NE., Washington, DC 20426. This workshop is free of charge 
and open to the public. Commission members may participate in the 
workshop.
    The agenda and a list of participants for this workshop are 
attached. A report on uplift in RTO/ISO markets has been posted to the 
Commission Web site at: http://www.ferc.gov/legal/staff-reports/2014/08-13-14-uplift.pdf.
    Those who plan to attend the workshop are encouraged to complete 
the registration form located at:  https://www.ferc.gov/whats-new/registration/09-08-14-form.asp. There is no registration deadline.
    The workshop will be transcribed. Transcripts of the workshop will 
be available for a fee from Ace-Federal Reporters, Inc. (202-347-3700 
or 1-800-336-6646). Additionally, there will be a free webcast of the 
workshop. The webcast will allow persons to listen to the workshop but 
not participate. Anyone with Internet access who wants to listen to the 
workshop can do so by navigating to the Calendar of Events at 
www.ferc.gov, locating the technical workshop in the Calendar, and 
clicking on the webcast link. The Capitol Connection provides technical 
support for the webcast and offers the option of

[[Page 49303]]

listening to the meeting via phone-bridge for a fee. If you have any 
questions, visit www.CapitolConnection.org or call 703-993-3100.
    While this workshop is not for the purpose of discussing specific 
cases, the workshop may address matters at issue in the following 
Commission proceedings that are pending: PJM Interconnection, L.L.C., 
Docket No. ER14-1144; Southwest Power Pool, Docket Nos. ER12-1179, 
ER13-1748, and ER14-2399; Midcontinent Independent System Operator 
(formerly Midwest Independent Transmission System Operator, Inc.), 
Docket Nos. ER04-691, EL07-86, EL07-88, EL07-92, ER09-411, ER11-2275, 
ER12-678, ER13-2124, EL14-58, ER14-2156, ER14-2445, and ER14-5677; and 
ISO-New England, Docket Nos. ER14-2376 and ER14-2407.
    Commission workshops are accessible under section 508 of the 
Rehabilitation Act of 1973. For accessibility accommodations please 
send an email to accessibility@ferc.gov or call toll free (866) 208-
3372 (voice) or (202) 502-8659 (TTY), or send a fax to (202) 208-2106 
with the requested accommodations.
    For more information about the workshop, please contact:

William Sauer (Technical Information), Office of Energy Policy and 
Innovation, Federal Energy Regulatory Commission, 888 First Street NE., 
Washington, DC 20426, (202) 502-6639, William.Sauer@ferc.gov.
Sarah McKinley (Logistical Information), Office of External Affairs, 
Federal Energy Regulatory Commission, 888 First Street NE., Washington, 
DC 20426, (202) 502-8368, Sarah.McKinley@ferc.gov.

    Dated: August 14, 2014.
Kimberly D. Bose,
Secretary.

Price Formation in Energy and Ancillary Services Markets Operated by 
Regional Transmission Organizations and Independent System Operators

Uplift Workshop

Docket No. AD14-14-000

    September 8, 2014.

Agenda

    This workshop is part of the Commission's recently announced effort 
to explore improvements to market designs and operational practices in 
order to ensure appropriate price formation in energy and ancillary 
services markets. Specifically, the purpose of this workshop is to 
explore the technical, operational and market issues that give rise to 
uplift payments and the levels of transparency associated with uplift 
payments. The workshop will also preview the scope of the remaining 
price formation topics, which include offer price mitigation and price 
caps, scarcity and shortage pricing, and operator actions that affect 
prices.

8:45 a.m.-9:00 a.m.--Welcome and Opening Remarks
9:00 a.m.-10:45 a.m.--Panel 1: Causes of Uplift

    Panel 1 will explore issues that give rise to uplift payments. Each 
panelist will have the opportunity to discuss drivers of uplift 
payments in its RTO/ISO and is encouraged to be prepared to discuss: 
(1) uplift payments that have been highly concentrated and persistent 
on a geographic or resource basis; (2) technical, operational and 
market issues driving uplift payments; and (3) the relationship between 
uplift payments and unit flexibility.

Panelists

 Guillermo Bautista Alderete, California Independent System 
Operator Corporation
 Peter Brandien, ISO-New England, Inc.
 Todd Ramey, Midcontinent Independent System Operator, Inc.
 Joseph Bowring, Monitoring Analytics
 Robert Pike, New York Independent System Operator, Inc.
 Stu Bresler, PJM Interconnection, L.L.C.
 David Patton, Potomac Economics
 Richard Dillon, Southwest Power Pool, Inc.

10:45 a.m.-11:00 a.m.--Break
11:00 a.m.-12:00 p.m.--Panel 2, Part 1: Impact on Market Participants

    Panel 2 will explore the impact of uplift on market participants. 
Each panelist will have the opportunity to discuss how uplift payments 
and/or charges affect its participation in energy and ancillary service 
markets operated by the RTOs/ISOs. Possible discussion items could 
include how business decisions are impacted by: (1) Uplift transparency 
provided by RTOs/ISOs, the RTO/ISO market monitoring units, and 
Electric Quarterly Reports; (2) price distortions resulting from out-
of-market payments; and (3) the level and volatility or 
unpredictability of uplift charges. The RTOs/ISOs and the RTO/ISO 
market monitoring units will be given an opportunity to discuss any 
issues raised by panelists. The first part of this panel will focus on 
the impact of uplift payments on market suppliers.

Panelists

 John Rohrbach, ACES
 Mark Smith, Calpine Corporation
 Brian Forshaw, Connecticut Municipal Electric Energy 
Cooperative
 Ivan Kimball, Consolidated Edison Co. of New York
 Jason Cox, Dynegy Inc.
 Michael Schnitzer, Entergy Nuclear Power Marketing, LLC
 Wesley Allen, Financial Marketers Coalition
 Peter Fuller, NRG Energy
 Elizabeth Whittle, Retail Energy Supply Association

12:00 p.m.-1:00 p.m.--Lunch
1:00 p.m.-2:00 p.m.--Panel 2, Part 2: Impact on Market Participants

    This continuation of Panel 2 from the morning session will focus on 
the impact of uplift payments on load-serving entities and financial 
marketers.

Panelists (Same Panelists as Part 1)

2:00 p.m.-2:15 p.m.--Break
2:15 p.m.-4:00 p.m.--Panel 3: Price Transparency and Evolving Market 
Designs

    Panel 3 will explore the adequacy of and the potential to enhance 
uplift transparency and recent market design changes that may address 
some of the causes of uplift. Discussion will include whether and how 
to include uplift related costs into locational marginal prices and 
improve the usefulness of publicly available uplift information. 
Panelists should be prepared to discuss current initiatives and ideas 
for potential future market design changes that would further enhance 
transparency and price formation.

Panelists

 Bradford Cooper, California Independent System Operator 
Corporation
 Brian Forshaw, Connecticut Municipal Electric Energy 
Cooperative
 Susan Pope, Electric Power Supply Association
 William Berg, Exelon Corporation
 Matthew White, ISO-New England, Inc.
 Todd Ramey, Midcontinent Independent System Operator, Inc.
 Joseph Bowring, Monitoring Analytics
 Robert Pike, New York Independent System Operator, Inc.
 Stu Bresler, PJM Interconnection, L.L.C. Richard Dillon, 
Southwest Power Pool, Inc.
4:00 p.m.-5:00 p.m.--Panel 4: Broader Price Formation Issues

    Panel 4 will explore broader price formation issues and discuss 
next steps.

[[Page 49304]]

In the Notice issued on June 19, 2014, four price formation topics were 
outlined: (1) Use of uplift payments; (2) offer price mitigation and 
offer price caps; (3) scarcity and shortage pricing; and (4) operator 
actions that affect prices. This exploratory session will assist staff 
in examining the relationship among these four topics, whether other 
price formation topics, not included in the June 19, 2014 Notice, 
should be explored, and the appropriate next steps in this staff 
exploration of price formation.

Panelists

 Susan Pope, Electric Power Supply Association
 Judith Judson, Energy Storage Association
 Harry Singh, J. Aron & Company
 David Mohre, National Rural Electric Cooperative Association
 Elizabeth Whittle, Retail Energy Supply Association
 David Patton, Potomac Economics
 Bob Weishaar, PJM Industrial Coalition and PJM Load Coalition

5:00 p.m.-5:15 p.m.--Closing

[FR Doc. 2014-19748 Filed 8-19-14; 8:45 am]
BILLING CODE 6717-01-P