ER18-1972
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.
PJM must unwind five months of settlements for GreenHat Energy financial transmission rights that should have been liquidated sooner, FERC ruled.
PJM staff are still working on how to respond to GreenHat Energy’s default in the financial transmission rights market.
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