PJM Submits Filing on Reactive Power Payments
Dec 23, 2014
PJM filed Tariff revisions in response to an order by FERC requiring it take steps to prevent fleet owners from receiving reactive power payments from retired or sold generators
PJM last week filed Tariff revisions in response to an order by the Federal Energy Regulatory Commission requiring it take steps to prevent fleet owners from receiving reactive power payments from retired or sold generators (EL15-15). (See Impatient FERC Orders Immediate PJM Action on Reactive Power Payments to Retired Plants.)
The revisions were filed with FERC on Dec. 15, PJM Assistant General Counsel Jim Burlew told the Markets and Reliability Committee.
The revisions dictate that at least 90 days before the deactivation or disposing of a generator, the source receiving reactive power payments submit a filing with FERC either revising its rates or explaining why it has decided not to do so.