Following Court Ruling, FERC Reverses PJM Post-BRA Change

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Following Court Ruling, FERC Reluctantly Reverses PJM Post-BRA Change

PJM capacity prices for delivery year 2024/25 | PJM

May 9, 2024 | Devin Leith-Yessian

FERC partially reversed a 2023 order allowing PJM to modify a parameter for the 2024/25 Base Residual Auction to avoid a substantial increase in capacity prices in the DPL South transmission zone.

Capacity Market Maryland Public Policy

Keywords3rd U.S. Circuit Court of Appeals Base Residual Auction (BRA)DPL South Federal Energy Regulatory Commission (FERC)filed rate doctrine Incremental Auction Independent Market Monitor (IMM)Maryland Office of People's Counsel Maryland Public Service Commission (MD PSC)PJM Interconnection LLC (PJM)Reliability Pricing Model (RPM)retroactive ratemaking

Devin Leith-Yessian

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