Financial traders made clear that they won’t give up the CAISO congestion revenue rights auctions without a fight at a meeting on the auctions’ shortfalls.

The PJM Board of Managers responded to accusations leveled by up-to-congestion trader XO Energy, defending the grid operator’s practices.

UTC Trader XO Energy accused PJM of unfairly discounting the interests of up-to-congestion traders in recent uplift rule changes.

Stakeholders voiced concerns about CAISO’s annual process for determining which “discretionary” policy initiatives the ISO should pursue in the coming year.

FERC has charged Coaltrain Energy, a Pennsylvania-based power trading company with manipulating the PJM wholesale market.