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August 12, 2022

Facing Opposition, PJM Delays UTC Cap Pending Broader Review

Mar 5, 2013
Rich Heidorn Jr.
Virtual Transactions / PJM Markets and Reliability Committee (MRC)
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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