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January 20, 2017
FERC issued an order finding that PJM’s current application of its Financial Transmission Rights (FTR) forfeiture rule to virtual transactions is no longer just and reasonable.
September 2, 2014
FERC has opened a Section 206 investigation regarding PJM Up-to Congestion (UTC) charges, including their treatment as virtual transactions, and the method of application of the Financial Transmission Rights (FTR) forfeiture rule to UTCs.
