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Energy Law

: Energy Legal Blog

Court Rules PJM Capacity Market Prices Adequately Protected from Seller Market Power, but Others Contend Not Protected from Buyer Market Power

By Dan Watkiss

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PJM capacity prices were just and reasonable in 2007 and 2008 ¾ the first years for which PJM?s FERC-approved Reliability Pricing Model (RPM) auction set capacity prices.  So ruled a unanimous panel of the US Court of Appeals for the DC Circuit in a February 8 decision.  According to the court, PJM and FERC had [...]

Full post as published by Energy Legal Blog on February 11, 2011 (boomark / email).

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