FERC Approves PJM Cap and Floor
FERC has approved PJM’s proposal to set a price cap and price floor for its next two capacity auctions in a 4-0 decision that was opposed by the grid’s market monitor.
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FERC has approved PJM’s proposal to set a price cap and price floor for its next two capacity auctions in a 4-0 decision that was opposed by the grid’s market monitor.
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The bears are everywhere. Forward price curves for a sampling of calendar strips remain in bearish territory.
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