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November 22, 2024
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Dominion Opts out of PJM Capacity Auction
18 GW of Capacity Subtracted as Utility Chooses FRR Option
May 6, 2021 | Rich Heidorn Jr.
Dominion has abandoned PJM’s capacity market over concerns the minimum offer price rule will undermine its ability to meet Virginia’s renewable targets.
Capacity MarketCompany NewsGenerationPJMRenewable PowerState and Local PolicyVirginia
KeywordsBase Residual Auction (BRA)Dominion Energyfixed resource requirement (FRR)integrated resource plan (IRP)minimum offer price rule (MOPR)PJM Interconnection LLC (PJM)
Rich Heidorn Jr.
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