Unlike point-to-point, the capacity moved by this service "is deliverable throughout the PJM region," it explained, and that makes it better suited for the capacity market.Craig CanoInside Ferc
PJM Energy Credits are load reduction incentives that are available to grid customers who has invested in energy efficiency projects to achieve greater operational efficiency, which delivers permanent electrical capacity reduction.
PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to $325/MW-day. The move comes as PJM acknowledges a capac...
In Section 5, the details of the simulation of the model are explained. The mechanism is tested for 17-node geographical coverage area of PJM, divided into zones according to the historical utilities control areas. The analysis addresses market efficiency and changes in social welfare caused by ...