by Jeff St. John
September 20, 2019

For more than a year now, PJM has been in a state of suspension, awaiting word from the Federal Energy Regulatory Commission on how state-subsidized resources from wind and solar to coal and nuclear power will be permitted to participate its $10 billion a year capacity market.

Whatever the final decision ends up being, it has the potential to impose billions of dollars of extra costs for the 65 million people served by the mid-Atlantic grid operator, as well as to set a precedent for how federal-versus-state energy policy could develop in other parts of the country.