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Superstorm Sandy - View of powerless Manhattan (Source: Wikimedia)

Zonal Base Load Definition Changed to Prop Up ARRs

Jun 3, 2014

Energy Market / PJM Markets and Reliability Committee (MRC)

Stakeholders gave final approval to a revised Zonal Base Load definition last week that will ensure that zones don’t lose Auction Revenue Rights due to “extraordinary circumstances” that suppress their base load calculations. The vote by the Markets and Reliability Committee was prompted by Superstorm Sandy in 2012. Storm-related outages...

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