PJM Board action on Capacity Repricing

2119

This week the PJM Board took action to address growing pressure threatening competitive outcomes in PJM’s markets.

The Board has directed PJM to file both the Capacity Repricing and MOPR-Ex proposals with the Federal Energy Regulatory Commission under Section 205 of the Federal Power Act, and requested FERC to institute further process to ensure continued stakeholder engagement on the issue.

PJM President and CEO Andy Ott today sent a letter to PJM members and stakeholders outlining the Board’s decision.