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May 20, 2024
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Following Court Ruling, FERC Reluctantly Reverses PJM Post-BRA Change
PJM capacity prices for delivery year 2024/25
PJM capacity prices for delivery year 2024/25 | PJM
May 9, 2024 | Devin Leith-Yessian
FERC partially reversed a 2023 order allowing PJM to modify a parameter for the 2024/25 Base Residual Auction to avoid a substantial increase in capacity prices in the DPL South transmission zone.
Capacity MarketMarylandPublic Policy
Keywords3rd U.S. Circuit Court of AppealsBase Residual Auction (BRA)DPL SouthFederal Energy Regulatory Commission (FERC)filed rate doctrineIncremental AuctionIndependent Market Monitor (IMM)Maryland Office of People's CounselMaryland Public Service Commission (MD PSC)PJM Interconnection LLC (PJM)Reliability Pricing Model (RPM)retroactive ratemaking
Devin Leith-Yessian
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