$12B of US ratepayers' money wasted on a modeling mistake in PJM

PJM Interconnection LLC (PJM) is a regional transmission organization (RTO) in the United States. It is part of the Eastern Interconnection grid operating an electric transmission system serving all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and the District of Columbia. PJM is the largest power grid operator in the United States, serving 67 million customers from Chicago to New Jersey. (Wikipedia)

That was not clear in the article.

Every "wasted $" ended up in some parasitical grifter's pocket.

Whilst these sorts of analyses are informative, they lack answers to the who profits? question.

This reminds me of the 2013 finding that showed an earlier 2010 study praising austerity as a recovery mechanism was flawed because of an Excel calculation error and lack of diligence.

https://inthesetimes.com/article/the-excel-error-heard-round...

It also reminds me of the flaws in the London epidemiological model about how to respond to covid.

It just may be that these things should be reviewed a little closer by people who are obsessive about correctness