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February 06, 2023
Home » FERC Upholds Orders on PJM Virtual Trading Nodes, Uplift
By Michael Brooks FERC on Thursday rejected financial stakeholders’ request for rehearing of its Feb. 20 ruling reducing the number of bidding nodes for virtual transactions (ER18-88-002). The commission also upheld its rejection of PJM’s proposal to allocate uplift to up-to-congestion transactions (UTCs) as it does to increment offers (INCs)...
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