FTR markets critical to hedging prices, but traders say improvements needed

S&P Global Platts

New York — Financial transmission rights traders are evaluating challenges and potential improvements in the power transmission constraint markets in the wake of a nearly $50 million FTR market default in June.

“Trying to get the credit policies commensurate with the risk that the trading desk teams are taking” is critical to limiting the probability of market disruptions, Mark Bulkeley, director at trading firm DC Energy, said Thursday at the …

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