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Home » RTOs: Let Us Share Trading Info
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RTOs: Let Us Share Trading Info

ERCOT Outages, GreenHat Default Cited at FERC Technical Conference

Feb 25, 2021
Rich Heidorn Jr. and Michael Brooks
Virtual Transactions / Financial Transmission Rights (FTR)
FERC’s technical conference Thursday on RTO/ISO credit practices was prompted by the 2018 GreenHat Energy default in PJM. But many of the speakers found a more recent reason for concern: last week’s crisis in ERCOT, where widespread generation outages during subfreezing conditions pushed prices to the $9,000/MWh cap, prompting collateral...

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