PJM won’t act on FERC’s order to rerun its July 2018 financial transmission rights auction unless the commission denies the RTO’s planned motion for a stay.

Shell Energy came to the Market Implementation Committee to make its case against PJM recovering charges from FTRs it purchased from failed GreenHat Energy.

FERC approved some of the flexibility PJM has sought to address after the historic GreenHat Energy financial transmission rights portfolio default.