FERC Clarifies Order on PJM Reserve Market Changes
Danly Blasts Decision
PJM's operating reserve demand curve (blue) as approved by FERC in 2020, compared to a previously proposed version (green) and old version (red dotted line) | PJM
Feb 15, 2022
FERC clarified that its order on remand partially reversing PJM’s proposed energy price formation revisions did not remove the RTO’s reserve price caps.