The PJM MIC approved several changes recommended by subcommittees regarding data submission deadlines and credit requirements.

A summary of measures approved by the PJM Markets and Reliability and Members committees on April 24, 2014.

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).

A brief primer on virtual trading: INCs, DECs and UTCs.