Wednesday, January 23, 2019

Financial Transmission Rights (FTR) News

PJM MRC Briefs: Dec. 20, 2018

The PJM Board of Managers asked stakeholders for continued patience with the board’s ongoing investigation into the default of GreenHat Energy’s FTR portfolio. | © RTO Insider

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PJM MRC/MC Briefs: Dec. 6, 2018

Stakeholders at the Markets and Reliability Committee endorsed revisions that would align PJM’s price-responsive demand rules with the Capacity Performance construct. | © RTO Insider

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Doubling Down – with Other People’s Money

PJM’s lax credit policy allowed two traders involved in the 2013 JP Morgan market manipulation scandal to run up as much as $140 million in FTR losses — losses that other market participants will have to pay. | Google

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