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WTF is ELCC with the man who predicted the PJM capacity price spikes, Nic Freschi

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Manage episode 434574789 series 2981803
Content provided by DER Task Force. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by DER Task Force or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We’re back! This time with Nic Freschi, Senior Associate at Gable Associates and all around PJM wizard. Nic is a friend and OG member of the DERTF. Almost a year ago, Nic’s models began predicting the ~10x increase in PJM capacity prices we saw in the recent auction. How did he know?

In this ep, we go deep on every acronym you could ever imagine: ELCC, ORDC, PCM, LSERO, UCAP, ICAP, and so much more. Tune in to learn how ELCCs work, how prices clear in the PJM auction, if renewables can ever proliferate in capacity markets, the future of PJM, whether private traders or public bureaucrats should have their hands on the “ELCC dials”, comparing and contrasting ERCOT to PJM, James getting PJM-pilled, and so much more!


This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.dertaskforce.com/subscribe
  continue reading

64 episodes

Artwork
iconShare
 
Manage episode 434574789 series 2981803
Content provided by DER Task Force. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by DER Task Force or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We’re back! This time with Nic Freschi, Senior Associate at Gable Associates and all around PJM wizard. Nic is a friend and OG member of the DERTF. Almost a year ago, Nic’s models began predicting the ~10x increase in PJM capacity prices we saw in the recent auction. How did he know?

In this ep, we go deep on every acronym you could ever imagine: ELCC, ORDC, PCM, LSERO, UCAP, ICAP, and so much more. Tune in to learn how ELCCs work, how prices clear in the PJM auction, if renewables can ever proliferate in capacity markets, the future of PJM, whether private traders or public bureaucrats should have their hands on the “ELCC dials”, comparing and contrasting ERCOT to PJM, James getting PJM-pilled, and so much more!


This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.dertaskforce.com/subscribe
  continue reading

64 episodes

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