FERC market monitoring and market power mitigation questions



FRIDAY, OCTOBER 19
Morning Session
Market Monitoring


1. What are the appropriate roles of an RTO and an RTO market monitoring organization?

* For which markets should an RTO market monitor take responsibility?
* What is FERC's role in supervising an RTO market monitor?
* What is FERC's role to monitor and police RTO markets
* independent of the roles and responsibilities of an RTO market monitor?
* Should the RTO be able to levy penalties or should these be referred to the Commission?
* What are the appropriate roles of the states and other regulatory agencies in establishing, supervising, and receiving information from an RTO's market monitor?

2. How should an RTO's market monitoring unit be organized and operated?

* How independent from the RTO should the market monitor be?
* Should the market monitor also audit the operation of the RTO?

3. What information should the market monitor collect? Should this information collection and reporting be standardized
across RTOs?







FRIDAY, OCTOBER 19
Afternoon Session
Mitigation of Market Power

1. What measures, if any, should be taken by the RTO to mitigate market power?

2. What measures should be taken by federal or state government authorities? By the Commission?

3. What is the relationship between the RTO, the RTO market monitor, and the Commission?

4. What conditions or events should trigger the mitigation?