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By Suzanne Herel VALLEY FORGE, Pa. — After PJM’s Craig Glazer started with the food analogies, speakers at Thursday’s Grid 20/20 symposium couldn’t resist serving up a smorgasbord of edible metaphors. Glazer, vice president of federal government policy, kicked off the conference, “Focus on Public Policy Goals and Market Efficiency,”...
After allegations of management interference led PJM to replace its internal market monitoring unit with an independent monitor in 2008, FERC had an opportunity to prohibit other RTOs from using the internal structure. Because it chose not to do so, the temptation for RTO officials to muzzle their MMUs remains.
After allegations of management interference led PJM to replace its internal market monitoring unit with an independent monitor in 2008, FERC had an opportunity to prohibit other RTOs from using the internal structure. Because it chose not to do so, the temptation for RTO officials to muzzle their MMUs remains.
After allegations of management interference led PJM to replace its internal market monitoring unit with an independent monitor in 2008, FERC had an opportunity to prohibit other RTOs from using the internal structure. Because it chose not to do so, the temptation for RTO officials to muzzle their MMUs still...
By Michael Brooks WASHINGTON — PJM needs to return to “the fundamentals” with market design not “influenced by political whims,” Independent Market Monitor Joe Bowring said last week. Policymakers should not fear market prices going too high or low, Bowring said in a press conference announcing the Monitor’s annual State...
By Ted Caddell A Pennsylvania-based power trading company accused by FERC of making riskless up-to-congestion transactions to collect line loss payments denied any wrongdoing Friday and requested the matter be dismissed. Coaltrain Energy said that it didn’t manipulate the market, that its trading strategy wasn’t deceptive and that it didn’t...
By Suzanne Herel WASHINGTON — All of the speakers at a FERC technical conference on Thursday agreed that PJM’s allocation method for financial transmission rights and auction revenue rights could be improved. They just couldn’t agree on what changes would make it better. The commission called the information-gathering session after...
By Rich Heidorn Jr. WASHINGTON — Electric industry officials told FERC last week that its proposal for identifying connections between companies and individuals engaged in trading in RTO markets is too broadly written and will create significant reporting burdens. The commission’s Notice of Proposed Rulemaking (RM15-23) would require RTOs and...