Retail Supplier Defaults On Obligations At PJM, Quickly Remediates The Default
June 18, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
The following story is brought free of charge to readers byEC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
PJM on June 17 issued a market notice stating that, "Please be advised that Power Up Energy, LLC defaulted on its obligations on June 16, 2021. Shortly after the payment was due, Power Up Energy, LLC remediated the default."
"Pursuant to the provisions of the Tariff, section 7.3 and OA, section 15.1.5, PJM is obligated to notify the Members of the default," PJM stated in the market notice
"There was no impact to service and no additional action is required at this time," PJM stated in the market notice