PJM changes would help subsidized coal, nuclear compete on market

By District Energy posted 18 days ago

  

Kathiann M. Kowalski, Energy News Network

Summary

Regional grid operator PJM wants to change how it sets energy and capacity prices in ways that could bolster uneconomic coal and nuclear plants.

PJM’s President and Chief Operating Officer Andy Ott announced proposed changes to its annual capacity auctions this month, and the grid operator’s board will vote on those changes in February. PJM also has suggested changes to its short-term energy markets.

Both plans have drawn criticism from environmental and consumer advocates, as well as PJM’s own Independent Market Monitor.

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