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May 18, 2022

ELCC Method Endorsed by PJM Stakeholders

Sep 22, 2020
Michael Yoder
Capacity Market / PJM Markets and Reliability Committee (MRC) / PJM Members Committee (MC) / Energy Storage
PJM members on Thursday endorsed a revised joint stakeholder proposal to use the effective load-carrying capability (ELCC) method to calculate the capacity value of limited-duration, intermittent and combination (limited-duration plus intermittent) resources. The Markets and Reliability Committee and Members Committee approved the ELCC over the objections of Independent Market Monitor...

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