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November 13, 2024
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Stakeholders Reject Granting PJM Authority to Revise Capacity Auction Rules
Independent Market Monitor Joe Bowring said allowing such changes to the conduct of capacity auctions would be a drastic change that would undermine market certainty.
Independent Market Monitor Joe Bowring said allowing such changes to the conduct of capacity auctions would be a drastic change that would undermine market certainty. | © RTO Insider LLC
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The Market Implementation Committee rejected a PJM issue charge that envisioned adding notice that Base Residual Auction rules are subject to change, with two-thirds of stakeholders opposed.
PJM Market Implementation Committee (MIC)