PJM RPM auctions could hold more surprises

摘要

Despite recently announced plans for a nnew power plant in New Jersey, the PJM nInterconnection LLC’s forward capacity mar-nket structure remains flawed and is not fully neffective at encouraging new thermal gen-neration capacity without outside interven-ntion. As a result, forthcoming auctions could ncontinue to produce surprising results, an nenergy consultant with PA Consulting Group nsaid in a recent phone interview.