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FERC Commissioner Richard Glick said he thinks the commission needs to revisit capacity markets or risk putting “in peril the future of RTOs in general.”
Has FERC made a case that cooperatives, municipal utilities and vertically integrated utilities that self-supply suppress capacity prices?
ODEC and other self-supply load-serving entities in PJM argue FERC's order to expand the MOPR will undermine their roles in local economic development.
A PJM official urged officials to embrace carbon pricing rather than exit the capacity market in response to FERC expanding the minimum offer price rule.
PJM industrial customers said buying and selling RECs shouldn’t count as subsidies in the capacity market, urging FERC to reconsider its definition.
LS Power argues that FERC's recent order on PJM's capacity market is not an attack on renewables and doesn't unfairly advantages fossil fuels like coal.
PJM won’t run a capacity auction until FERC approves the RTO’s compliance filing implementing the expansion of its MOPR, making it unlikely for this year.
In his latest column, Steve Huntoon argues that FERC's ruling on PJM's MOPR will benefit renewables and not result in higher capacity market prices.
PJM will spend the forthcoming year dealing with the fallout of FERC’s capacity market ruling and adjusting to a new CEO and CFO.
FERC voted 2-1 to extend PJM’s MOPR to all new state-subsidized resources, saying it was needed to combat price suppression in the RTO’s capacity market.
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