November 3, 2014
After Seven Years, FERC Eliminates "Windfall" Adder Payments to Mitigated Units (Adder Reflects Costs Already Paid in Capacity Market)
FERC approved without modification a series of tariff revisions filed by PJM to revise PJM's rules related to offer price adders ("FMU adders") for generation units that are frequently offer capped, referred to as Frequently Mitigated Units.