PJM Considers Greater Reliability Credit for Firm Natural Gas Suppliers
PJM Interconnection is considering implementing a greater reliability credit for firm natural gas supply in its capacity market, according to PJM. The change aims to incentivize generators to provide reliable power and mitigate potential outages during peak demand periods.
The proposed change would increase the reliability value of firm energy resources by 100%, which could lead to higher revenue for generators that provide reliable power. This move comes as PJM looks to balance its energy supply and demand, particularly during hot summer days when electricity consumption peaks.