Houston — The Electric Reliability Council of Texas’ independent market monitor has lowered its estimate of the amount of erroneous real-time energy market charges during the Feb. 18-19 winter storm to $3.2 billion from $16 billion, reflecting the net effect…
Category: Generation
With eye on keeping capacity auctions on track, FERC stands by PJM reserve market overhaul
The US Federal Energy Regulatory Commission has denied requests for rehearing of its November 2020 approval of PJM Interconnection’s plans to overhaul its reserve market, with Chairman Richard Glick voting in favor while still disapproving of aspects of the grid…