PJM Capacity Auction Results Raise "Alarm Bells" for FERC Chairman

The recent PJM Interconnection capacity auction cleared nearly 7 GW below its reliability target, drawing concerns from FERC Chairman Swett who described the results as compounding "alarm bells."

17 Jul, 19:40 — 17 Jul, 19:40

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zerohedgeLow48d ago

PJM Capacity Auction Results Compound "Alarm Bells": FERC Chairman Swett

PJM Capacity Auction Results Compound "Alarm Bells": FERC Chairman Swett By Ethan Howland of UtilityDive The PJM Interconnection’s just-held capacity auction cleared nearly 7 GW below its reliability target and only drew roughly 500 MW of new power supply, Federal Energy Regulatory Commission Chairman Laura Swett said Thursday. “These numbers compound the alarm bells for a call to action in PJM,” Swett said during the agency’s monthly meeting. “Am I surprised that PJM failed to ...

By Tyler Durden

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PJM Capacity Auction Results Raise "Alarm Bells" for FERC Chairman

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PJM Capacity Auction Results Compound "Alarm Bells": FERC Chairman Swett

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