Exelon files FERC complaint challenging PJM capacity auction schedule
EXC•Exelon filed a complaint with the Federal Energy Regulatory Commission challenging PJM Interconnection’s capacity auction schedule. It seeks auctions closer to electricity delivery periods, arguing the current market produces high prices without stimulating necessary generation investment.
1. Complaint challenges schedule
Exelon’s complaint seeks to move capacity auctions closer to electricity delivery periods so they better reflect supply and demand conditions and protect customers from unreasonable costs. It argues the current capacity market produces high prices without stimulating necessary generation investment.
