We use cookies to provide you with a better experience. By continuing to browse this site you are agreeing to our use of cookies in accordance with our Cookie Policy.
Analysis from 2018 by The Brattle Group showed that its updated calculations for cost of new entry (CONE) shifted the curve substantially down. Using Brattle's recommendation to use a combined cycle as the reference technology would also move the curve to the left.
FERC ordered PJM to remove the 10% cost adder for the reference resource used to establish the VRR curve in the RTO’s capacity market.
This article is for registered users or paid subscribers ONLY. Want to be one? You can register here and check out our subscription plans here. We'd love to be your eyes and ears.