NRECA Joins PJM Seeking Shutdown of FERC Floor Price Dispute
Posted on Aug 25, 2016 in Litigation | Comments Off on NRECA Joins PJM Seeking Shutdown of FERC Floor Price Dispute
The NRECA has joined with PJM Interconnection LLC (PJM) and other utility groups to back the changes by the Federal Energy Regulatory Commission (“FERC”) to the PJM proposal dealing with artificial price suppression on the grid. PJM asked the D.C. Circuit to deny the grid’s power providers challenge to the plan. PJM said Monday that it is fine with FERC’s changes and, therefore, the power providers do not have grounds to appeal.
