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April 27, 2024
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PJM UTC Case Likely Headed to Court After FERC Notice
Aug 12, 2014
FERC staff issued a Notice of Alleged Violation last week against traders who exploited a loophole in PJM UTC trades in a case that will likely go to court.
FERC & Federal
KeywordsFederal Energy Regulatory Commission (FERC)FERC Office of EnforcementHoulian “Alan” ChenKevin and Rich Gatesmarket manipulationMidcontinent Independent System Operator (MISO)Norman BayPowhatan Energy Fundup-to-congestion transactions (UTCs)
Rich Heidorn Jr.
FERC Demand Response Standards Leave Industrials, Bowring Unhappy
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