PJM may consider hourly pricing as generators lobby for market changes
In a “Problem/Opportunity Statement” filed with PJM on behalf of Calpine, the generator argued that the market’s inability to provide hourly pricing puts it behind other major grids and ultimately stifles innovation, harming consumers.
“These limits on the ability of operators of physical resources to reflect hour by hour changes in the cost of fuel … impact negatively on their ability to reflect offer price updates that could have a beneficial impact on market results,” the company said.
