PJM capacity market auction could be delayed another year, uncertainty persists

New York — As PJM Interconnection market participants unpack the Federal Energy Regulatory Commission’s long-awaited capacity market order, it is looking increasingly likely that regulatory work will necessitate putting off base capacity auctions in the region for another year. Stakeholders and PJM indicated Wednesday they would seek clarification on several aspects of the order and at least one market participant advocates seeking a compliance filing deadline extension. …

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