PJM officials told members last week they want to accelerate the schedule of the quadrennial review of the Cost of New Entry (CONE) by two months.

The proposed change would move the deadline for staff recommendations to May 15 from July 15 and the projected FERC filing to Oct. 1 from Dec. 1.

Executive Vice President for Markets Andy Ott noted that CONE calculations — which set the floor price for new generation resources looking to enter the capacity market — have been highly contentious in past years.

The two-month acceleration is “to give enough time for it to be litigated at FERC” before the capacity auction, he told the Markets and Reliability Committee.

The proposed change will be brought to a vote at the next MRC meeting.