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Proposals to Cut Tier 1 Compensation Fall Short

Oct 26, 2015

PJM Market Implementation Committee (MIC) / PJM Markets and Reliability Committee (MRC) / Generation

By Suzanne Herel The Markets and Reliability Committee last week failed to reach consensus on a way to reduce spending on Tier 1 synchronized reserves, with proposals by PJM and the Market Monitor both falling short. PJM’s recommendation would have added an obligation for Tier 1 resources to respond in...

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