|
|
|
|
FERC Delays PJM Base Residual Capacity Auction
FERC granted PJM a waiver to delay its base residual capacity auction for the 2018-19 delivery year.
The auction, which by tariff shall be held in May 2015, under the waiver will now be held 30-75 days after the Commission issues an order on PJM's Capacity Performance proposal, but no later than the week of August 10-14, 2015.
"While some uncertainty is inevitable under these circumstances, we disagree with protesters that the possible impacts of delaying the auction warrant rejection of the waiver. That said, we recognize that some protestors argue that delaying the auction will harm them by increasing their costs to participate in the auction. We acknowledge these concerns, but agree with PJM that it is important that the Commission have the opportunity to consider the full record in the Capacity Performance proceeding prior to PJM running this year’s auction. Additionally, PJM has proposed to conduct the auction no later than mid- August, which mitigates the potential impacts on market participants, and we note that any additional costs incurred by participating resources may be included in their capacity sell offers, to the extent permitted by the rules in place for the auction," FERC said.
ADVERTISEMENT Copyright 2010-15 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
April 24, 2015
Email This Story
Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Pricing Analyst -- Retail Supplier
• NEW! -- Senior Energy Supply Analyst -- Retail Supplier -- Houston
• NEW! -- Vice President, Commercial Sales -- Retail Provider -- Houston
• NEW! -- Regional Sales Manager-Mass Markets -- Retail Supplier -- Houston
• NEW! -- Special Billing Analyst -- Retail Provider -- Houston
• NEW! -- Market Relations Analyst -- Retail Supplier -- Houston
• NEW! -- Billing Analyst -- Retail Supplier -- Houston
• NEW! -- Account Manager -- Houston
• NEW! -- Director of Operations -- Retail Supplier -- Houston
• Operations Analyst -- Retail Supplier
• Analyst, Residential Pricing and Analysis -- Retail Supplier -- Houston
• Regional Sales Manager --Retail Provider -- Dallas, TX
|
|
|