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.

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

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).