D.C. Circuit to address PJM capacity market rules affecting renewables and demand resources

摘要

Parties to a recent Federal Energy Regulatory Commission proceeding are challenging rules governing the PJM Interconnection's forward capacity market in the U.S. Court of Appeals for the District of Columbia Circuit. PJM-the regional transmission organization that coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Columbia - procures commitments from electric generators and demand resources by conducting auctions, beginning three years in advance of the delivery year, to ensure that the grid has adequate resources. PJM filed its "capacity performance" rules with FERC in December 2014. These rules restructure substantial features of PJM's capacity market. PJM has indicated that these rule changes are necessary in order to meet regional electric reliability needs.