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PJM Stakeholders Criticize Competing Capacity Market Plans

June 05, 2018

PJM stakeholders criticized two capacity market reforms in comments to the Federal Energy Regulatory Commission, with most saying they prefer the status quo to the competing plans. Commenters rejected PJM’s proposed two-part capacity auction for subsidized resources, but a few – including generator and natural gas trade groups – said that the grid operator’s approach to extending the minimum offer pricing rule could work with changes to its proposal.