PJM Monitor Petitions FERC to Change Capacity Performance Penalty Calculation

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Monitoring Analytics President Joe Bowring | © RTO Insider LLC

Nov 9, 2023 | Devin Leith-Yessian

PJM's Independent Market Monitor filed a FERC complaint alleging the RTO's Capacity Performance penalty structure undermines reliability and offered an alternative calculation based on capacity revenues.

Capacity Market PJM

KeywordsCapacity Performance (CP)cost of new entry (CONE)EL24-12 Federal Energy Regulatory Commission (FERC)Independent Market Monitor (IMM)Performance Assessment Intervals (PAIs)performance payment rate (PPR)PJM Interconnection LLC (PJM)

Devin Leith-Yessian

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