June 10, 2015
FERC Approves PJM Capacity Performance Proposal -- VALLEY FORGE, Pa., June 10, 2015 /PRNewswire/ -- FERC Approves PJM Capacity Performance Proposal 2018-19 annual capacity auction set for August 10
VALLEY FORGE, Pa. , June 10, 2015 /PRNewswire/ -- PJM Interconnection received approval late Tuesday from the Federal Energy Regulatory Commission for its Capacity Performance proposal. With FERC's order, Capacity Performance can be incorporated into the annual capacity auction for the 2018-2019 delivery year. The auction will begin August 10 .
"In approving PJM's Capacity Performance proposal, the Federal Energy Regulatory Commission has recognized the need to ensure better generator performance …