capacity repricing

Definitional problems and data gaps in PJM capacity repricing proposal likely to bias adjustments against renewable energy

PJM Interconnection LLC (PJM) has been worried that certain state subsidies harm the competitiveness of capacity auctions within its territory.  PJM serves as the grid operator for all or parts of Delaware, Indiana, Illinois, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.  Its service area spans nearly a quarter million square miles, and a population of 65 million -- roughly 20% of the country.  

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