‘Free’ Ride Over for UTCs? – Update
PJM to Seek Uplift Charges on UTCs; Savings Likely for Incs, Decs
Feb 25, 2014
Financial marketers are pleased with PJM’s proposal to change the way uplift charges are assessed on virtual trades but aren’t convinced by a PJM analysis that the RTO says justifies extending the charges to up-to congestion trades (UTCs).