reliability backstop
PJM, with prompting from 13 governors, is trying another solution to resource adequacy: the “Reliability Backstop Auction.” While details still are being negotiated, this boils down to throwing money at new power plants, says Tom Rutigliano of the NRDC.
PJM stakeholders kicked off discussions on creating a “backstop” auction to be held in September at the insistence of the Trump administration and the governors of the RTO’s 13 states.
PJM stakeholders are to vote on a record-breaking number of proposals on how the RTO should integrate large loads without impacting resource adequacy.
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