FERC Rejects Changes to PJM Capacity Performance Penalties

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PJM Board Chair Mark Takahashi | © RTO Insider LLC

Feb 7, 2024 | Devin Leith-Yessian

FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.

Capacity Market PJM

KeywordsAllison Clements Capacity Performance quantifiable risk (CPQR)ER24-98 ER24-99 Federal Energy Regulatory Commission (FERC)FERC Order 719 fixed resource requirement (FRR)Independent Market Monitor (IMM)market seller offer cap (MSOC)PJM Critical Issue Fast Path (CIFP)PJM Interconnection LLC (PJM)Reliability Pricing Model (RPM)

Devin Leith-Yessian

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