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February 06, 2023
Home » Illinois: PJM Market Design Enriching Exelon
By Rory D. Sweeney Transmission constraints combined with PJM’s market design and Exelon’s control of local generation allow the company to name its price for capacity commitments in the Chicago area, according to an energy economist advising the state of Illinois. “While PJM’s Base Residual Auction has many safeguards, it...
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