Search
December 23, 2024
Looking to read the full article? Scroll down and login or sign up today!
Page Reload Scroll Position
PJM Requests Rehearing of MSOC Change
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'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
|
PJM requested a rehearing and clarification of FERC’s order to replace its market seller offer cap, arguing that the new construct would prove burdensome.
Capacity MarketPJM