New York — The Federal Energy Regulatory Commission March 18 ordered PJM Interconnection to revise its capacity market rules to better protect consumers from the exercise of market power by power sellers, in a move that commissioners stressed would not…
Tag: PJM
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…