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April 17, 2024
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FERC Reverses Itself on PJM Reserve Market Changes
Next BRA to be Delayed Again
PJM's operating reserve demand curve (blue) as approved by FERC in 2020, compared to a previously proposed version (green) and old version (red dotted line)
PJM's operating reserve demand curve (blue) as approved by FERC in 2020, compared to a previously proposed version (green) and old version (red dotted line) | PJM
PJM's upcoming 2023/24 BRA is set to be delayed again after FERC partially reversed its 2020 decision on the RTO’s energy price formation revisions.
Ancillary ServicesCapacity MarketEnergy MarketPJM