Energy
FERC chair slams PJM ‘mess’ as country’s largest grid operator delays power auction
PJM had planned to accept offers for backstop power supplies from Sept. 30 through Oct. 21 after falling short of its reserve margin targets amid aggressive data center load growth.
Summary
PJM had planned to accept offers for backstop power supplies from Sept. 30 through Oct. 21 after falling short of its reserve margin targets amid aggressive data center load growth. But FERC only partially approved its plan, zeroing in on cost allocation concerns.
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