ICC Hosting Policy Session on FERC’s Decision on PJM Capacity Market Reform (RPM Opt-Out)
The Illinois Commerce Commission will hold today a Policy Session on the Federal Energy Regulatory Commission (FERC)’s Decision on PJM Capacity Market Reform
The purpose of the policy session is to learn about PJM capacity markets and to discuss the FERC decision, its implications, and potential responses to federal intrusion into areas of state jurisdiction. An agenda and speaker info is available here
As previously reported, the FERC decision proposed to accommodate a state's procurement of capacity outside of the PJM capacity auction by excluding such capacity from the PJM auction but also excluding an associated amount of load related to the state-procured resource from the capacity market, so that such load does not pay for capacity twice.