PJM is pressing FERC to make a decision on the RTO’s “jump ball” capacity filing, arguing that the commission is within its authority to do so and pointing out what it considers to be hypocrisy in opponents’ criticism of the filing.
PJM staff will recommend that the RTO’s Board of Managers approve its own capacity repricing proposal next month, ignoring an endorsement vote scheduled for an alternative proposal that had garnered more stakeholder support.
NOVEC weighed in with its own plan for reforming PJM’s capacity construct, saying the nine existing proposals ignored sometimes-illogical human behavior.
PJM appears headed toward implementing a capacity construct that would reprice auction results to address the influence of subsidized generation offers.
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