March 17, 2025

Constellation appeals FERC’s approval of PJM capacity market changes, citing reliability concerns

Constellation argues that including reliability must-run units as price takers distorts market signals, jeopardizes grid stability and disregards commission precedent in New York and New England.

Showdown: Constellation Energy Generation LLC filed a request for rehearing with FERC concerning the agency’s approval of PJM's capacity market modifications. Constellation specifically contests the inclusion of RMR units as price takers, arguing this distorts market signals and jeopardizes reliability. The company claims FERC disregarded evidence and precedent in its decision. Setting the Stage: The dispute centers on how RMR ...

Details:

Filing Date: March 14, 2025

Docket Numbers:

ER25-682

Short Summary:

Constellation Energy Generation LLC filed a request for rehearing with FERC concerning the agency’s approval of PJM’s capacity market modifications. Constellation specifically contests the inclusion of RMR units as price takers, arguing this distorts market signals and jeopardizes reliability.

Impact Level:

Categories:

Policies & Rulemakings

Tags: Capacity Market, Rehearing Request, Reliability Must Run Units

Entities: Constellation Energy Corp., PJM Interconnection

Markets: PJM Interconnection (PJM)

Regions: Mid-Atlantic & Midwest

States:

Regulators: FERC

Courts:

Documents:

Capacity Market Tariff – Amendment – Rehearing Request