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April 25, 2024
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Stakeholders Preview Offer-Cap Debate
Monitor: Generators Overstated Costs
Stakeholders representing load may oppose efforts to change PJM’s $1,000 per MWh offer cap, despite a frigid winter in which high gas prices forced the RTO to obtain temporary waivers from the limit.
Energy MarketFERC & FederalGenerationPJM Markets and Reliability Committee (MRC)