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February 07, 2023
Home » Facing Opposition, PJM Delays UTC Cap Pending Broader Review
By Rich Heidorn Jr. PJM Insider Wilmington – PJM’s proposal to limit Up to Congestion (UTC) bids stalled at the Markets and Reliability Committee Thursday, as members called for a broader review of the bidding technique. PJM proposed the cap because high bid volumes can make it difficult for the...
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