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Priorities: PJM Files Tariff Changes to Curb Price-Dampening 'Speculation' in Capacity Market; Ignores Actual Failures By 'Physical' Resources (See 40% Forced Outage Rate)

Not that we needed more evidence that the PJM capacity market is designed to inflate wealth transfers to incumbent asset owners, but PJM's latest filing to reform the Reliability Pricing Model to curb alleged "speculation" (behavior which has the effect of reducing consumer prices) is simply another…

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Pennsylvania Retail Energy News (Page 101) | EnergyChoiceMatters.com