Virtual Transactions
The PJM Members Committee approved the following changes by acclimation at its annual meeting on May 16, 2013.
The Market Implementation Committee endorsed a first-ever credit requirement for up-to-congestion transactions. The new rule, a consensus resulting from 12 C...
PJM and its Market Monitor still don’t agree on how the Financial Transmission Rights forfeiture rule should be applied. But they have at least reached conse...
Up-to congestion transactions were in the spotlight Thursday as the Markets and Reliability Committee:
Approved a definition of UTCs and a limit on trading...
PJM called Thursday for a broad review of its method of providing Operating Reserve payments, saying changes were needed to reduce growing uplift costs.
Ope...
PJM announced April 11 that it will deny most trading privileges to market participants unable to qualify for the Dodd-Frank exemption approved by the CFTC.
By Rich Heidorn Jr.
PJM Insider
WASHINGTON (April 2, 2013) — The Commodity Futures Trading Commission agreed Thursday to exempt PJM market transactions fro...
WILMINGTON (April 2, 2013) — PJM officials were left scratching their heads Thursday after stakeholders rejected the RTO’s tariff changes for determining whe...
By Rich Heidorn Jr.
PJM Insider
Wilmington – PJM’s proposal to limit Up to Congestion (UTC) bids stalled at the Markets and Reliability Committee Thursday, ...
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