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Home » PJM’s Offer Cap Proposal Sparks Opposition
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offer cap

PJM’s Offer Cap Proposal Sparks Opposition

Jan 5, 2015
Energy Market
By Suzanne Herel PJM’s request to raise the cost-based energy cap to $1,800/MWh through March (EL15-31) drew a flurry of comments and protests in the days before the Christmas holidays. Load representatives generally opposed the proposal, warning it could result in windfalls to generators at ratepayers’ expense. Suppliers told FERC...

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