New Jersey Bd. of Pub. Utils., et al. v. FERC No. 11-4245, et al. Acceptance of PJM’s Minimum Offer Price Rule, imposing a minimum offer screen to determine whether an offer from a new resource is competitive, and designed to ensure that all new resources are offered on a competitive basis without exercise of market power. PJM Interconnection, L.L.C., et al., 135 FERC ¶ 61,022 (2011), order on compl. and reh’g, 137 FERC ¶ 61,145 (2011), order on reh’g, 138 FERC ¶ 61,194 (2012). Circuit 3rd Cir.
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