PJM, IMM Post Capacity Performance Cost-Benefit Analysis as Members Form Battle Lines

[Editor's Note: This article was amended Oct. 28 to put FERC Chairman Cheryl LaFleur's comments in context. See clarification below.] PJM's proposed Capacity Performance product would cost ratepayers as much as $6 billion over the next four years, with long-term costs of as much as $700 million annually, the RTO and Independent...