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January 5, 2025
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Pennsylvania Seeks Lower PJM Capacity Price Cap in FERC Complaint
Pa. Gov. Josh Shapiro
Pa. Gov. Josh Shapiro | Shutterstock
Jan 2, 2025 | Devin Leith-Yessian
Pennsylvania Gov. Josh Shapiro filed a complaint with FERC on behalf of the state asking the commission to revise how the maximum clearing price in PJM's capacity auction is determined.
Capacity MarketPennsylvaniaPJMPublic PolicyResource Adequacy
KeywordsBase Residual Auction (BRA)cost of new entry (CONE)EL25-46Federal Energy Regulatory Commission (FERC)Josh ShapiroPJM Interconnection LLC (PJM)PJM Quadrennial ReviewReliability Pricing Model (RPM)variable resource requirement (VRR) curve
Devin Leith-Yessian
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