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May 26, 2022

FERC Orders PJM to Unwind GreenHat Settlements

Rejects Request to Hold Related Firm’s Collateral

Jan 30, 2019
Rich Heidorn Jr.
PJM / Financial Transmission Rights (FTR)
By Rich Heidorn Jr. PJM must unwind five months of settlements for GreenHat Energy financial transmission rights that should have been liquidated sooner, FERC ruled Wednesday (ER18-2068). In addition to rejecting PJM’s request for a waiver of its liquidation rules, the commission also rebuffed the RTO’s request to retain $550,000...

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