FERC looks to provide PJM guidance on GreenHat default fallout through paper hearing

摘要

Acknowledging the complexity associated with implementing an orderprompted by the fallout from a significant default in PJMInterconnection’s financial transmission rights market, the US FederalEnergy Regulatory Commission launched a paper hearing to addressissues the grid operator said required clarification if it were to proceedwith the agency’s directives.The paper hearing, which will be held in abeyance to grant partiesmore time to potentially settle their disputes, comes as FERCcontinues to weigh several requests for rehearing of its January 30denial (ER18-2068) of a temporary waiver of certain FTR auction rulesin connection with GreenHat Energy’s June 21, 2018, default.