PJM generators face up to $2B in penalties for failing to run during December’s Winter Storm Elliott
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.
Related Knowledge Center: Electrical grid reliability
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.