December 10, 2023


PJM: FERC Order Could Boost GreenHat Default by $300M
The cost of GreenHat Energy’s default could rise by $250-$300 million if PJM is forced to unwind settlements of the financial transmission rights portfolio.
FERC Orders PJM to Unwind GreenHat Settlements
PJM must unwind five months of settlements for GreenHat Energy financial transmission rights that should have been liquidated sooner, FERC ruled.
PJM Reeling from Major FTR Default
PJM staff are still working on how to respond to GreenHat Energy’s default in the financial transmission rights market.

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