November 14, 2024

energy market offer cap

PJM CEO Terry Boston Urges Consensus in 2015
Boston lamented that PJM took unilateral action on several contentious proposals in 2014 after stakeholders were unable to reach consensus.
PJM Seeking RTO Consensus on Offer Cap Increase
PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap.
PJM Board to Seek $1,800 Offer Cap
PJM will seek FERC approval for a controversial proposal to raise the cost-based energy offer cap to $1,800/MWh through March 2015.
Last-Ditch Effort to Break PJM Offer Cap Deadlock Fails
PJM stakeholders deadlocked for the third time Thursday on changes to the $1,000/MWh energy offer cap, leaving it to the Board of Managers to decide whether to seek FERC approval of any changes.
Split Panel Recommends Lifting $1,000 Offer Cap
A PJM task force has recommended lifting the $1,000 cost-based energy offer cap, but the margin suggests the proposal may have a tough time winning approval.
Stakeholders Preview Offer-Cap Debate
Stakeholders representing load may oppose efforts to change PJM’s $1,000 per MWh offer cap, despite a frigid winter in which high gas prices forced the RTO to obtain temporary waivers from the limit.

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