PJM Considers Higher Reliability Credits for Firm Natural Gas Supply
PJM Interconnection (PJM) is considering introducing greater reliability credits for firm natural gas supply, according to an Entropic Analytics Product Suite. This move aims to incentivize generators to use more reliable sources of fuel.
The PJM board of managers has voted to initiate a study on the proposal, which would require generators to pay more for electricity when their natural gas supplies are interrupted. The goal is to increase the reliability of the grid and reduce the likelihood of widespread power outages.
The Entropic Analytics Product Suite provides real-time market data and insights to help generators and other market participants make informed decisions about their fuel supply. The product suite includes tools such as Pipeline Flow Data, Bidweek Product Suite, and Forward Look Product Suite, among others.