Washington — PJM Interconnection will proceed with its 2019 capacity auction in August under existing market rules, absent guidance from the Federal Energy Regulatory Commission to the contrary, PJM CEO Andy Ott said Wednesday. Several PJM states and member companies…
Category: Generation
FERC gives nod to PJM proposal adding FTR mark-to-auction component to credit policy
Washington — New market rules will take effect Thursday as part of PJM Interconnection’s ongoing effort to lessen the effects of future defaults in its financial transmission rights market and limit market participants’ exposure to costs tied to those defaults.…