December 24, 2024

Virtual Transactions

PJM
FERC Orders ‘Paper’ Hearing on PJM FTR Collateral Dispute
FERC wants more information to determine whether it should require a 99% confidence level in setting collateral for FTR traders or the 97% level PJM sought.
FERC
FERC Proposes Allowing RTOs to Share Credit-related Info
FERC proposed allowing RTOs to share credit information about market participants, fulfilling a request the grid operators made at a 2021 technical conference.
© RTO Insider LLC
Stakeholders Encourage PJM to Defend FTR Filing
Stakeholders urged PJM to hold its ground on collateral requirements for FTR traders, saying it should offer more support for a proposal that FERC rejected.
Powhatan Energy Fund
Powhatan Energy to Declare Bankruptcy
Powhatan Energy Fund is filing for Chapter 7 bankruptcy, effectively ending more than a decade of litigation.
PJM
PJM MIC Briefs: Nov. 3, 2021
Stakeholders at last week’s MIC meeting heard PJM's plan to deal with the adoption of an undefined regulation mileage ratio proposal.
FERC Rejects PJM FTR Forfeiture Rule
FERC rejected the FTR forfeiture rule PJM has been using for more than four years, saying it and could discourage legitimate hedging activity.
GreenHat Energy, Owners Face $229M FERC Fine
FERC threatened GreenHat Energy and its owners with $229 million in civil penalties over the company’s 890 million MWh default of its FTR portfolio in PJM.
PJM Monitor Sounds Market Power Alarms
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
RTOs: Let Us Share Trading Info
Last week's outages in ERCOT were on the minds of many witnesses at FERC’s technical conference on RTO/ISO credit practices.
Weather Drove Fall Load Decline, SPP Monitor Finds
SPP’s average hourly load was off 7% last fall from the previous two years, the RTO’s MMU said in its latest quarterly State of the Market report.

Want more? Advanced Search