PJM Power Providers Group (P3)
PJM defended the proposed capacity auction parameters in its quadrennial review before FERC against two protests from the generation sector.
Gas- and coal-fired generators said the sharp price drop in PJM’s 2023/24 capacity auction shows the RTO’s long-term reliability is at risk.
Legal challenges to the PJM MOPR do not just concern the RTO and its capacity market; they could set a precedent for how courts review tie votes at FERC.
Ɱ, CC BY-SA 4.0, via Wikimedia Commons
PJM stakeholders in the RTO’s generator sector voiced frustration with FERC over recent decisions related to the capacity market to the Ohio Senate.
PJM and its stakeholders continue to jostle over the impact of the proposed replacement for the expanded MOPR as responses continue to be filed at FERC.
Glen Thomas, president of PJM Power Providers Group, argues that a re-examination of RTOs' wholesale energy markets is long overdue.
FERC rejected the PJM Tariff proposal to exempt some capacity resources from nonperformance charges in capacity performance.
The challenge by P3 and EPSA is the first major test of a 2013 Virginia law requiring utilities to demonstrate that they have considered competitive bids.
Exelon has joined the opposition to FirstEnergy's attempts to win guaranteed payments for its Ohio power plants.
PSEG and P3 had disputed PJM’s use of an 8% cost of capital used in cost of new entry calculations.
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