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December 22, 2024
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Dominion Opts out of PJM Capacity Auction
18 GW of Capacity Subtracted as Utility Chooses FRR Option
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Dominion has abandoned PJM’s capacity market over concerns the minimum offer price rule will undermine its ability to meet Virginia’s renewable targets.
Capacity MarketCompany NewsGenerationPJMRenewable PowerState and Local PolicyVirginia