February 15, 2016
Over Retail Supplier's Objection, FERC Allows PJM To Sell-Back Excess Capacity For Pennies On The Dollar, To Detriment Of Load
FERC accepted a filing to allow PJM to sell excess capacity in the third incremental auction for the 2016/2017 Delivery Year, which retail suppliers and load had said is contrary to the tariff and would result in a flooding on the incremental auction, depressing prices received by load for such…