3rd Circuit Rejects PJM’s Post-auction Change as Retroactive Ratemaking
Court Vacates FERC Approval of Change to DPL South Zone to Avoid High Capacity Prices
Stu Bresler, PJM | © RTO Insider LLC
Mar 13, 2024
|
The 3rd Circuit vacated FERC’s order allowing PJM to revise a capacity market parameter for the DPL South zone after the 2024/25 auction had been conducted but prior to the publication of its results, ruling that it constituted retroactive ratemaking.
