Markets Resources

Regional Transmission Organization (RTO)/Independent System Operator (ISO)

There are six Regional Transmission Organizations that ensure the reliability of the electric grid within their region and manage wholesale electric markets. This section provides more information about RTOs/ISOs.  

• An Introductory Guide to Electricity Markets regulated by the Federal Energy Regulatory Commission
• An Introductory Guide for Understanding and Participating in California ISO (CAISO) Processes
• An Introductory Guide for Participation in ISO New England (ISO-NE) Processes
• An Introductory Guide for Participation in Midcontinent Independent System Operator (MISO) Processes
• An Introductory Guide for Participation in New York ISO (NYISO) Processes
• An Introductory Guide for Participation in PJM Processes
• An Introductory Guide for Participation in Southwest Power Pool (SPP) Processes

Rulemakings

When the Commission is considering a change of policies or rules, it will open a rulemaking in order to solicit input from a broad range of stakeholders. 

• Explainer on the FERC Rulemaking Process

The following sections contain explainers on recent rulemakings impacting organized electricity markets.

Distributed Energy Resources

• Explainer on Facilitating Participation in Electricity Markets by Distributed Energy Resources (FERC Order No. 2222)

Dynamic Line Ratings for Transmission

• Explainer on the Implementation of Dynamic Line Ratings Rulemaking (ANOPR)

Generator Interconnection

• Explainer on the Interconnection Final Rule (FERC Order No. 2023)
• Explainer on the Interconnection Final Rule Requests for Rehearing and Clarification (FERC Order No. 2023-A)
• Explainer on the Interconnection Notice of Proposed Rulemaking (NOPR)

Inverter-Based Resources

• Explainer on the Inverter-Based Resources Notice of Proposed Rulemaking (NOPR)

Regional Electric Transmission

• Explainer on the Transmission Planning and Cost Allocation Final Rule (FERC Order No. 1920)
• Explainer on Siting Interstate Electric Transmission Facilities (FERC Order No. 1977)
• Explainer on the Transmission Notice of Proposed Rulemaking (NOPR)
• Explainer on Permits to Site Interstate Electric Transmission Facilities Notice of Proposed Rulemaking (NOPR)

Other

• Pamphlet on Electric Transmission Facilities Permit Process
• Formula Rates in Electric Transmission Proceedings: Key Concepts and How to Participate
• Explainer on FPA Section 203 Blanket Authorizations Explainer
• Explainer on Reliability
• Tribal Participation Guide for FERC Environmental Reviews
• Explainer on Western Energy Markets

Primers

Primers are book length documents written to provide in-depth context and information on specific topics. 

• Energy Primer: A Handbook of Energy Market Basics
• Reliability Primer