FERC Orders PJM to Postpone August Capacity Auction
August 05, 2019
The Federal Energy Regulatory Commission ordered PJM not to conduct a capacity auction planned for August. FERC is working to incorporate aggregated distributed energy resources into PJM’s wholesale market after a June 2018 order that invalidated the grid operator’s capacity market rules. Running the auction next month “would raise serious questions about the legality of the auction and the resulting capacity commitments,” Commissioner Rich Glick said.