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April 20, 2024
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“Free” Ride Over for UTCs?
PJM to Seek Uplift Charges on UTCs; Savings Likely for Incs, Decs
PJM wants to change the way virtual trades pay for uplift, replacing the current unpredictable charges with a flat per megawatt fee and assessing them for the first time on up-to congestion trades (UTCs).
FERC & FederalVirtual Transactions