PJM Proposing 2-Month Capacity Auction Delay
PJM's Independent Market Monitor contends ratepayers were overcharged by $2.7 billion (41.5%) in the 2018 Base Residual Auction because of economic withholding encouraged by an inflated market seller offer cap. | PJM
Sep 14, 2021
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PJM asked FERC to delay the Dec. 1 capacity auction by almost two months, citing the commission’s recent revision to auction rules.