From E&E News:

In addition, the proposal doesn’t include an independent market monitor, which is commonplace in organized power markets elsewhere in the U.S. That factor is a sticking point for the libertarian R Street Institute, for example, a think tank that advocates for free markets and limited government.

“R Street hopes that efforts to enable more competitive wholesale markets through an [regional transmission organization] are not cut off due to this formality,” Chris Villarreal, an associate fellow at R Street, said in an email regarding the FERC notice.