Skyler Marzewski of PJM explained PJM's role as the Eastern interconnection RTO, its responsibilities (planning, reliable operations, markets), its governance documents and its regulation by FERC and state law.

PJM Committee Approves Charge Regarding Energy Storage Resources The PJM Market Implementation Committee (MIC) has unanimously endorsed a charge focused on defining the role of energy storage resources within the energy and ancillary service markets. The action clarifies how these resources participate in market operations. The charge addresses various aspects including auction revenue rights, battery

* Depending on direction of capital flows and supply-demand dynamics for HKD, the weak-side convertibility undertaking may be triggered again in the future * Will continue to closely monitor market developments and the external environment to ensure orderly operations of HKD markets From earlier: Hong Kong's central bank intervening to support the Hong Kong dollar This article was written by Justin Low at www.forexlive.com.