The Markets and Reliability Committee endorsed revisions to PJM’s rules for liquidating defaulted financial transmission rights positions.

PJM stakeholders endorsed expanding the use of synchrophasors and making them a requirement for certain projects under the RTEP.

The PJM MRC endorsed the first round of credit policy revisions to come out of a task force formed in the wake of GreenHat Energy’s default.

PJM stakeholders approved a charter for a task force that will recommend market rule changes in the wake of the 890 million-MWh GreenHat Energy default.