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June 01, 2023
Home » MRC Defines UTCs; Adds Bid Limit and FTR Forfeiture Rule
Up-to congestion transactions were in the spotlight Thursday as the Markets and Reliability Committee: Approved a definition of UTCs and a limit on trading of them; Approved rules for deciding when UTC traders will forfeit Financial Transmission Rights; and Heard first reading of proposed UTC credit requirements. The trading limits...
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