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S&P Global: PJM Capacity Auction to Run with Complaint Over Dominion's FRR Election Still Pending

Posted by Jasmin Melvin on May 17, 2021

S&P Global outlined pending complaints against PJM’s capacity plan, referencing filed comments from AEE and AEBG. Read snippets below and the full story here.

A complaint seeking action that could invalidate PJM Interconnection's approval of Dominion Energy's decision to pull nearly 17 GW of resources and load from the capacity market will not be acted upon ahead of the long-awaited May 19 resumption of PJM's annual capacity auction, potentially throwing into question the finality of the upcoming auction's results.

The Federal Energy Regulatory Commission issued a notice May 14 setting a May 27 deadline for comments on the emergency complaint (EL21-72) filed by LS Power Development and its affiliate Doswell Limited Partnership. The commission will have to take any comments filed up and to that date into consideration before issuing an order on the matter… 

PJM has already filed a response asking FERC to deny the complaint that accuses the grid operator of erroneously approving a fixed resource requirement (FRR) capacity plan that covers one year of a multi-year FRR election, in alleged violation of market rules governing PJM's reliability pricing model market design… 

The complainants had hoped FERC would fast-track the matter and issue an order by May 17 invalidating any FRR alternative elections approved on the basis of non-compliant FRR capacity plans.

Comments from Advanced Energy Economy and Advanced Energy Buyers Group took no position on the complaint but urged FERC not to delay the upcoming auction.

Read the full story here.

Topics: AEE In The News