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PJM files competing capacity market reforms at FERC
Utility Dive: PJM's announcement in February that it would file two competing capacity market reforms with FERC was unexpected in the power sector. Only once before had a regional grid operator taken that step — and it was ISO-NE, which has a specific provision in its bylaws authorizing the action.
In an interview, PJM CEO Andy Ott told Utility Dive he made the decision due to consternation over the capacity proposals in his stakeholder group.
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