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September 25, 2022
Home » FERC Rejects PJM’s Method for Capacity Offer Caps
By Suzanne Herel FERC ordered PJM last week to change its method of calculating capacity market offer caps, saying it was inconsistent with its practice in the energy market. “We find that PJM’s Tariff is unjust and unreasonable because it allows the cost-based energy offer cap to be used as...
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