FERC Rejects PJM ELCC Proposal Based on Transition Mechanism; Establishes Paper Hearing Procedures | Troutman Pepper
To embed, copy and paste the code into your website or blog: On April 30, 2021, FERC rejected PJM Interconnection, L.L.C.’s (“PJM”) proposed revisions to both its Tariff and its Reliability Assurance Agreement (“RAA”) to implement an Effective Load Carrying Capability (“ELCC”) construct for determining capacity values for Variable Resources, Limited Duration Resources, and Combination Resources. PJM also proposed to update its capacity value analysis annually based on variations i...
Auction For Delivery Year Duration Resources Reliability Assurance Agreement Effective Load Carrying Capability Variable Resources Limited Duration Resources
Source: jdsupra.com