PJM is weeks away from the scheduled date for the 2025/26 Base Residual Auction without an order from FERC on whether it will be permitted to delay the auction.
PJM offered a series of suggestions for how it could overhaul its capacity market in the wake of widespread resource failures during last December s winter storm.
The PJM Markets and Reliability Committee on Wednesday endorsed a new renewable dispatch structure proposed by the RTO and the Independent Market Monitor.