Virtual Transactions
FERC issued a show cause order demanding more than $42 million from Coaltrain Energy.
VALLEY FORGE, Pa. — PJM will use the default economic capacity base load (CBL) to measure the non-summer response of Capacity Performance demand response und...
PJM told FERC that it has already recovered $9 million of the approximately $37 million the RTO paid out to virtual traders through its marginal loss surplus allocation.
PJM recommended three market rule changes regarding virtual trading in a report requested by stakeholders.
SPP will soon file a full report on the Integrated Marketplace’s first year of performance, but its most recent quarterly State of the Market report indicates the market expansion hasn’t affected the fundamental dynamics in the region.
FERC ordered City Power Marketing to pay $15 million in penalties and repay almost $1.3 million in profits for making riskless up-to-congestion trades in PJM to cash in on line-loss rebates.
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
A summary of the issues discussed and measures approved by the PJM Markets and Reliability Committee on May 28, 2015.
PJM and the Monitor are considering the changes to reduce uplift and gaming opportunities and allow quicker solving of the day-ahead energy market.
Our summary of the issues scheduled for votes at the PJM MRC on 05/28/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
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