Utility Dive•1 day ago
Appeals court vacates FERC decision on PJM capacity results for Delmarva zone
- •A federal appeals court vacated a FERC decision, ordering a re-evaluation of $183 million in "anomalous" capacity costs within PJM's Delmarva zone (parts of DE, MD, VA).
- •This creates significant regulatory uncertainty for PJM's capacity market, potentially leading to revised market rules or methodologies for determining capacity prices in the affected region.
- •For large power consumers in the Delmarva zone, this ruling could lead to future cost adjustments or even potential refunds for past overcharges, impacting their energy budgets.
ferc