PJM Restructuring Battle Continues

Fortnightly Magazine - August 1997
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.
Recharge the Economy with Renewable Energy Tax Credits

Nine members of the Pennsylvania-New Jersey-Maryland Power Pool filed a revised plan at the Federal Energy Regulatory Commission to establish an independent system operator for the Mid-Atlantic power market.

The utilities have been battling with lone dissenter PECO Energy over the details of the ISO.

The nine utilities, dubbed the "supporting companies," agree on the form that an ISO should take. In November 1996, the FERC had rejected ISO proposals by both parties as having failed to comply with Order 888. The FERC ordered the companies and PECO to work together and reach a compromise. They "regrettably" failed to agree, according to Mary Meyers, PJM spokesperson. "We negotiated for many, many months, not only with PECO but with other stakeholders." The main sticking points are congestion pricing and transmission pricing.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.