“Corrosive.” “Seriously flawed.” On the “brink of market failure.”That’s what critics say about New England’s forward capacity market (FCM), whereby ISO New England conducts...
FERC fights for the green-grid superhighway—even if Congress won’t.
Of course, this new cutoff would see the eastern PJM utilities now having to pay millions to support grid facilities in western PJM, since, as Exelon explains, 345-kV lines dominate in Ohio, Indiana and Illinois.
“Exelon wishes to make it abundantly clear in this pleading that we believe a 500-kV cutoff for socializing costs is unjust and unreasonable … Companies in western PJM have historically used a 345-kV architecture for facilities that perform a comparable function.
“We intend to submit evidence in the remand docket that using a cutoff of 345-kV would be just and reasonable.”