FERC Accepts PJM 5-minute Pricing Revisions

FERC last week accepted PJM’s proposed Tariff revisions on five-minute pricing to resolve inaccuracy and dispatch misalignment issues. In its order issued Oct. 13, the commission determined that PJM’s revisions were "just and reasonable enhancements to its pricing and dispatch methodologies" (ER20-2573). The RTO had calculated current prices based on...