What is an FTR?
Career: Ftr
FTR stands for Financial Transmission Rights. FTRs are financial instruments used in electricity markets to hedge against congestion costs when transmitting electricity across a power grid. They allow market participants to lock in prices for the transmission of electricity, providing stability and reducing the risk of price fluctuations due to transmission congestion. FTRs are commonly used by utilities, power generators, and large consumers to manage their exposure to changes in the cost of delivering electricity.