PJM Reforms Will Send Power Costs Soaring: APPA

Law360, New York (August 2, 2010, 3:00 PM EDT) -- The American Public Power Association has taken issue with certain reforms proposed by regional transmission organization PJM Interconnection LLC, saying they would allow prices to skyrocket during times of tight energy supplies.

The APPA, which represents the interests of more than 2,000 community-owned electric utilities located throughout the U.S., filed a formal protest Friday with the Federal Energy Regulatory Commission.

According to the group, the energy pricing structure proposed by PJM would be an unneeded source of revenue for suppliers, and would benefit them to the...
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