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July 05, 2022

Report: ‘Naive’ PJM Underestimated GreenHat Risks

Mar 26, 2019
PJM Board of Managers / Financial Transmission Rights (FTR)
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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