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July 05, 2022
FERC PJM

FERC Backs PJM IMM on Market Power Claim

Mar 18, 2021
Michael Yoder
PJM / Capacity Market / FERC & Federal
FERC ordered PJM Thursday to revise its market seller offer cap (MSOC) to prevent sellers from exercising market power in the RTO’s capacity market, but it emphasized the decision would not impact the long-delayed Base Residual Auction (BRA) scheduled for May. The commission sided with the arguments made in separate...

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