October 19, 2024

Energy Market

CFTC Giving Trader Data to FERC; Turf Issues Remain
The CFTC has begun regular information-sharing with FERC after several years of wrangling and pressure from the U.S. Senate.
Manual Change on DR Compensation Rejected; 3 Others OK’d
In a highly unusual move, PJM members Thursday balked at endorsing proposed manual changes governing when Economic demand response qualifies for payment.
Tariff Changes Prepare for CTS
Preparing for a new scheduling product, the PJM Markets and Reliability Committee last week approved collateral rules for export transactions.
January Cold Almost Off the Charts
January's record-setting cold pushed PJM’s load-weighted LMP to $126.80, more than three times the price in January 2012.
PJM Trader Calls FERC on Manipulation Probe
The Powhatan Energy Fund, the subject of a FERC investigation for more than three years without being charged, has decided to go on offense by releasing documents it says proves it has been unfairly hounded.
The Players
A guide to the players in the Powhatan Energy Fund market manipulation investigation.
Virtual Trading 101: INCs, DECs, UTCs
A brief primer on virtual trading: INCs, DECs and UTCs.
NYISO Scheduling Product Wins FERC OK
FERC approved a new scheduling product to reduce uneconomic power flows between PJM and NYISO, clearing the way for its implementation later this year.
Contrarian View: CERA Sees Higher Load Growth
An analyst for consulting firm IHS CERA challenged "conventional wisdom" with a bullish forecast for load growth.
‘Free’ Ride Over for UTCs? – Update
Financial marketers are pleased with PJM’s proposal to change the way uplift charges are assessed on virtual trades but aren’t convinced by a PJM analysis that the RTO says justifies extending the charges to up-to congestion trades (UTCs).

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