minimum offer price rule (MOPR)
Congress’ first act under Joe Biden would likely be “massive” stimulus spending, including clean energy, to address the pandemic-induced recession.
FERC approved most of PJM’s compliance filing on its expanded MOPR while reversing its position on state-directed default service auctions.
NYISO and PJM officials discussed the future of their capacity markets as more renewables come online during GTM’s annual Power and Renewables Summit.
Ratepayer advocates challenged the PJM board to take action against Exelon and FirstEnergy, accused of bribing legislators in Illinois and Ohio, respectively.
The New Jersey BPU held a technical conference to consider whether it should remain in PJM’s capacity market or go on its own through the FRR alternative.
New Jersey legislators are considering a bill that would require the BPU to study the implications of withdrawing from PJM and going it alone or joining NYISO.
The PJM MIC endorsed the sunsetting of a longstanding subcommittee on intermittent resources and accepted the charter of a new committee.
AWEA hosted a web-accessible three-day event to discuss the state of the renewable energy industries amid the pandemic and the expanded PJM MOPR.
The New Jersey BPU received dozens of comments on how it should respond to PJM's expanded MOPR. State regulators initiated the investigation to determine if staying in the capacity market will increase consumer costs or impede the state's goals of 100% clean energy sources by 2050.
Analyses that predict increased costs for regions that exit PJM’s capacity market should be redone to presume maximizing imports to counter local market power.
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