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February 25, 2024
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DC Circuit Sides with FERC on Alleviating Spiking Prices in Virginia
A map PJM filed with FERC showing the transmission construction work that led to the spiking prices in the case.
A map PJM filed with FERC showing the transmission construction work that led to the spiking prices in the case. | PJM
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The United States Court of Appeals for the District of Columbia Circuit sided with FERC, upholding its decision to suspend PJM's transmission penalty factor when it was driving up prices in Virginia.
Financial Transmission Rights (FTR)Transmission Operations