FERC rejects AEP request to sell capacity in upcoming auction
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. The Federal Energy Regulatory Commission on Tuesday rejected a waiver request from American Electric Power utilities that would have allowed them to sell up to 750 MW in an upcoming “incremental” capacity auction. AEP’s request failed to address a concrete problem — one of the criteria FERC uses when considering waiver requests — because the PJM Interconnection has ...