Court of Appeals Upholds CP Rules

On Tuesday, the United States Court of Appeals for the District of Columbia upheld the Federal Energy Regulatory Commission’s ruling on PJM’s capacity performance rules.  A group of nine entities had appealed the FERC’s ruling.

The court ruled that the FERC properly approved the rule changes.

PJM said it appreciated the court’s decision to uphold FERC’s order and PJM’s capacity market rules.

“We recognize there was a fair amount of debate on the issue, and we are pleased with the Court’s thorough and thoughtful review,”  said Craig Glazer, vice president of Federal Government Policy. “The ruling affirms the just and reasonableness of the market rules, which support PJM’s mission of maintaining a fair and competitive market and a reliable grid.”