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December 22, 2024
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FERC Rejects Changes to PJM Capacity Performance Penalties
PJM Board Chair Mark Takahashi
PJM Board Chair Mark Takahashi | © RTO Insider LLC
Feb 7, 2024 | Devin Leith-Yessian
FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.
Capacity MarketPJM
KeywordsAllison ClementsCapacity Performance quantifiable risk (CPQR)ER24-98ER24-99Federal Energy Regulatory Commission (FERC)FERC Order 719fixed resource requirement (FRR)Independent Market Monitor (IMM)market seller offer cap (MSOC)PJM Critical Issue Fast Path (CIFP)PJM Interconnection LLC (PJM)Reliability Pricing Model (RPM)
Devin Leith-Yessian
PJM Appoints Vickie VanZandt to Board of Managers
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