As PJM Interconnection works toward implementing fast-start pricing Sept. 1, stakeholders on Aug. 11 approved rule changes for the implementation and reviewed data that showed the average energy market price increase from fast start has been about $1.60/MWh over the past three months. The Federal Energy Regulatory Commission on Dec. 17, 2020, issued its fast-start order that included a compliance obligation to address a few items including PJM’s preferred fast-start pricing implementation date, according to a PJM presentation given during an Aug. 11 remotely held Market Implementation Committee meeting.
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