Public Citizen is urging the Commodity Futures Trading Commission to start overseeing PJM’s embattled financial transmission rights market.

PJM’s lax credit policy allowed Greenhat Energy, whose traders had a history of market manipulation, to run up as much as $140 million in FTR losses.

PJM staff outlined their proposal for registering aggregations of seasonal Demand Response (DR) resources that can’t comply with the year-round requirements of Capacity Performance.