Oct. 3 — Under both proposals, PJM would remove state-subsidized resources from the capacity market and institute a strict price floor for resources that remain. The second “extended” proposal would boost capacity prices for the remaining resources, combating what PJM says would be price-suppressive effects of removing subsidized resources from the market.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.