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PJM generators face up to $2B in penalties for failing to run during December’s Winter Storm Elliott

Utility Dive · Ethan Howland · last updated

Power plant owners in the PJM Interconnection may owe $1 billion to $2 billion for failing to provide electricity during Winter Storm Elliott in late December, according to an initial estimate released Wednesday by the grid operator. 

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With the need to reduce use of fossil fuels in transportation and other areas, demand is likely to increase for solutions that increase dependence on electricity and the electrical grid.  

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