Natural Resources Defense Council: PJM Stakeholders Rewrite Their Own Penalties to Bail Out Gas
May 13, 2023
May 13, 2023
VALLEY FORGE, Pennsylvania, May 13 (TNSpp) -- The Natural Resources Defense Council issued the following news release on May 11, 2023:
During Winter Storm Elliott, gas generators failed to deliver electricity at a nearly disastrous scale and were met with nearly $1.8 billion in penalties as a result. In a meeting today, members of PJM Interconnection voted to go easier on power plants that fail to deliver as promised during emergencies. In a tight vote, PJM members approved a propos . . .
During Winter Storm Elliott, gas generators failed to deliver electricity at a nearly disastrous scale and were met with nearly $1.8 billion in penalties as a result. In a meeting today, members of PJM Interconnection voted to go easier on power plants that fail to deliver as promised during emergencies. In a tight vote, PJM members approved a propos . . .