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May 18, 2022
ferc

FERC Charges Third Firm with UTC Scam in PJM

Sep 21, 2015
Energy Market / FERC & Federal
By Ted Caddell FERC has charged a Pennsylvania-based power trading company with manipulating the PJM wholesale market by making risk-free up-to-congestion trades in the summer of 2010. The Notice of Alleged Violation said Coaltrain Energy of Landenberg, Pa., executed up-to-congestion transactions “that were designed to falsely appear to be spread...

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