Resource-specific Carve Out (ReCO)
Tension between PJM and certain states has not loosened, judging by comments made at a forum held by the Great Plains Institute and the Nicholas Institute.
Representatives of the Advanced Energy Buyers Group argue that PJM's capacity market revisions threaten companies' bilateral renewable energy contracts.
PJM stakeholders dug in further on the RTO’s proposed revamp to its capacity market, reiterating comments made in FERC’s paper hearing on the proposal.
The annual meeting of the Organization of PJM States Inc. (OPSI) in Chicago featured lively discussions about the RTO's proposed capacity market revamp.
It’s a good bet the ongoing FERC paper hearing to revise PJM’s capacity construct will be a major topic of discussion at the OPSI annual meeting.
FERC has granted the PJM request to delay its annual Base Residual Auction to Aug. 14-28, 2019.
PJM staff unveiled a new capacity market proposal at a special session of the Markets and Reliability Committee: the Resource-specific Carve Out, or ReCO.
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