June 21, 2012 - Item E-2: FERC Offers Changes for Sale of Ancillary Services, Reporting for Electric Storage Technologies News Release | Chairman's Statement | Commissioners' Statements: Norris and LaFleur | NOPR eFile your comments

The Commission grants market-based rate authorization for wholesale sales of electric energy, capacity and ancillary services by sellers that can demonstrate that they and their affiliates lack or have adequately mitigated horizontal and vertical market power. Discussed herein are the most common types of filings made concerning electric market-based rate authority and details on how to submit those filings.

The Final Rule on Electric Market-Based Rates For Wholesale Sales Of Electric Energy, Capacity And Ancillary Services By Public Utilities and its progeny (Order Nos. 697 through 697-D), offer greater detail regarding the Commission’s currently effective policies applicable to electric market-based rate authorization.