AEP: PJM market changes create challenging environment for generators RSS Feed

By Robert Walton | July 27, 2015

Dive Brief:
American Electric Power officials last week said a recent decision by federal officials to alter auction rules for PJM Interconnection is “troubling,” because markets should be consistent and predictable.

Last week FERC directed PJM to include demand response and efficiency providers in its upcoming auctions, and delayed the auction until next month.

Despite that decision, AEP Chairman, President and CEO Nicholas Akins said he believes capacity prices will rise because of the large amounts of generation that has been retired.

Read the full article at UtilityDive.