VALLEY FORGE, Pa. — PJM will use the default economic capacity base load (CBL) to measure the non-summer response of Capacity Performance demand response und...
PJM told FERC that it has already recovered $9 million of the approximately $37 million the RTO paid out to virtual traders through its marginal loss surplus allocation.
PJM will seek to recover $15 million in lost opportunity costs erroneously paid to generators that were on forced outages and not eligible for the credits.
FERC ordered PJM and financial traders to submit briefs in a long-running dispute over excess line-loss revenues.
In a split decision for financial traders, an appellate court Monday sent a dispute regarding PJM’s line-loss collections back to FERC.
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