
PJM Urges FERC to Dismiss Complaint Over Soaring Capacity Auction Costs
In a recent development, the PJM Interconnection, along with independent power producers and clean energy trade groups, has urged the Federal Energy Regulatory Commission (FERC) to dismiss a complaint filed by ratepayer advocates concerning PJM's last capacity auction. The complaint, which seeks to overturn the auction results, has sparked a debate over market reliability and consumer costs.
Background of the Complaint
The complaint was filed by ratepayer advocates from various states, including New Jersey, Illinois,...