March 23, 2023

Capacity Market: Three-year Price Guarantee for New Capacity

Mar 5, 2013
Rich Heidorn Jr.
Capacity Market / PJM Markets and Reliability Committee (MRC) / PJM Members Committee (MC)
The Members Committee and MRC approved changes on Feb. 28 to provide new capacity resources with a mechanism to avoid clearing the capacity auction for one year if they require multi-year price assurance to be a viable project. Reason for change: New capacity resources currently are guaranteed only one year’s...

This article is for registered users or paid subscribers ONLY. Want to be one? You can register here and check out our subscription plans here. We'd love to be your eyes and ears.

Already a subscriber? Login here.