FERC Approves PJM Reserve Pricing Reforms
Energy Policy
The Federal Energy Regulatory Commission (FERC) approved sweeping changes to PJM’s reserve products on May 21, 2020 in a filing called “Enhanced Price Formation in Reserve Markets of PJM Interconnection.” In this edition of Customer Insights, we’ll discuss key changes to the reserve products, plus the cost implications to reserves, energy and capacity. PJM is a dispatch operator …