A power trading practice detected last month by PJM Interconnection that spiked power prices and sent loop flows higher by more than 3,000 MW, did not violate the grid operator’s market rules, and instead was the result of flawed incentives for market participants who were attempting to maximize the price they received for power, the head of PJM’s market monitoring unit (MMU) said last Tuesday.
Violation
Articles from Violation
El Paso Denies Violation of GISB Rules
El Paso Natural Gas last week denied accusations of NorthwestPipeline that it has routinely violated the confirmation andscheduling deadlines established by the Gas Industry StandardsBoard (GISB).
February 22, 2000