PJM's Monitoring Unit Remains Independent: Report

Law360, New York (November 13, 2007, 12:00 AM EST) -- An independent report that was prompted following internal conflicts at PJM Interconnection, which coordinates the movement of wholesale electricity in more than a dozen states, has found that the organization’s market monitoring division is running smoothly despite some static.

The report by a special investigative panel was requested by PJM after the head of its Market Monitoring Unit, Joseph Bowring, denounced PJM management for meddling in the monitoring division’s activities and preventing it from issuing timely reports on electric markets.

Bowring said in April at a...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.