Push to Eliminate Grid Operator's Energy Efficiency Payments Gains Momentum

Monday, 15 July 2024, 15:13

The PJM market monitor has formally requested FERC to discontinue energy efficiency capacity payments, citing concerns over market distortions. This move could have significant implications for grid operators and energy providers alike. The push to end these payments highlights the ongoing debate surrounding the role of energy efficiency in the electricity market.

LivaRava Finance Meta Image — Push to Eliminate Grid Operator's Energy Efficiency Payments Gains Momentum

PJM Market Monitor Request to FERC

The PJM market monitor has asked FERC to cease energy efficiency capacity payments, expressing worries about market distortions.

Implications for Grid Operators and Providers

This decision could have substantial effects on grid operators and energy providers operating within PJM.

Debate on Energy Efficiency in Electricity Market

The request to halt these payments underscores the ongoing discussion on the importance of energy efficiency in the electricity sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.