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PJM Files Capacity Market Overhaul for Resource Adequacy and Grid Reliability | Troutman Pepper

Published: November 17, 2023

On October 13, 2023, PJM Interconnection, L.L.C. (“PJM”) submitted two filings with FERC proposing revisions to its Open Access Transmission Tariff (“Tariff”) and its “Reliability...

Source: jdsupra.com

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Open Access Transmission TariffBase Residual AuctionMarket Seller Offer CapCapacity PerformanceMinimum Offer Price RuleMarket Seller OfferCapacity Performance Quantifiable RiskCapacity Market SellersPlanned Generation Capacity ResourcesPerformance PaymentsPerformance Assessment IntervalsCapacity ResourcesNon Performance ChargesBalancing RatioMarket ParticipantsFixed Resource RequirementAncillary Service