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PJM Raises Question Of Monitor Independence

Law360 (October 31, 2007, 12:00 AM EDT) -- On Sept. 20, 2007, FERC issued an Order on Offer of Settlement and Complaints regarding allegations of tariff violations and interference with the independence of PJM Interconnection LLC’s Market Monitor, Dr. Joseph E. Bowring.

The Commission found that PJM had not violated its tariff, but that modifications of the reporting requirements must be made to ensure a good working relationship between PJM and its market monitor.

FERC Chairman Kelliher explained in a statement that "we found there to be significant tension between PJM management and the...
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