Monday,
April 23
April 23
D.C. Circuit New Jersey BPU v. FERC
A federal appeals court will review the Federal Energy Regulatory Commission’s oversight of PJM Interconnection LLC’s transmission rights market, which is used by power users to hedge against price spikes from higher electricity demand. The case centers on a dispute between FERC and PJM over how to address market flaws, particularly the valuation of transmission rights and the allocation of costs for the program. (17-1101)