PJM endorses plan to evaluate pricing carbon emissions into its wholesale power markets

New York — PJM Interconnection initiated a process Thursday to explore the feasibility of developing a regional or sub-regional approach to pricing carbon emissions into its wholesale power markets, with members and stakeholders endorsing the plan by a wide margin.

A group of utilities and power generators proposed a broad plan that would first analyze various approaches to pricing carbon into PJM’s power markets and then work towards developing a …