NRECA submitted initial comments in the Federal Energy Regulatory Commission's (FERC) proceeding to address the interaction of state policies and wholesale markets in ISO New England, Inc. (ISO-NE), the New York Independent System Operator, Inc. (NYISO) and PJM Interconnection, L.L.C. (PJM). As technologies and energy markets continue to evolve, states can be expected to continue to develop policies that affect wholesale electricity markets. Moreover, market participants can be expected to respond to the evolution of markets and state policies. Therefore, it is imperative that FERC consider the interaction of state policies and wholesale markets, and craft federal policies that will allow states to continue to address matters within their jurisdiction while ensuring that wholesale markets work to provide safe and reliable electric energy at just and reasonable rates to consumers. FULL FILING