PJM CEO pans coal bailout but says plant payments needed in mid-2020s

Utility Dive: The debate over power plant compensation in PJM illustrates how the transition from large coal and nuclear plants to natural gas and renewables is stressing power markets.

Coal and nuclear plant owners argue that the retirement of their resources could put the power system at risk by making it over-reliant on gas, which is diverted for home heating in the winter.

Read article