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February 06, 2023
Home » Report: ‘Naive’ PJM Underestimated GreenHat Risks
By Christen Smith Naive, overconfident staff and underlying market flaws allowed a small trading shop to amass the largest portfolio of financial transmission rights in PJM history without the collateral to back it up, an independent review concluded on Tuesday. The RTO’s Board of Managers commissioned a special report on...
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