zero-emission credits (ZEC)
NYISO will face a myriad of challenges as New York decarbonizes its economy and the power sector transitions to zero-emissions generation.
PJM’s Monitor released a report concluding that New Jersey ratepayers would likely see costs increase if the state left the RTO’s capacity market.
Exelon said its Illinois nuclear plants are “up against a clock,” with the legislature unable to meet to consider withdrawing from PJM’s capacity market.
PSEG CEO Ralph Izzo said it would be “logical” for New Jersey to abandon the PJM capacity market by adopting the fixed resource requirement option.
Independent power producers and renewable energy groups petitioned FERC to convene a conference on integrating carbon pricing in the electric markets.
PSEG CEO Ralph Izzo expressed skepticism that New Jersey utilities will abandon the PJM capacity market over the expanded minimum offer price rule.
Exelon said a report from PJM's Monitor uses assumptions to cast a negative light on the FRR alternative members may pursue in the face of an expanded MOPR.
Has FERC made a case that cooperatives, municipal utilities and vertically integrated utilities that self-supply suppress capacity prices?
New York started 2019 around renewable energy and quickened the pace of the most ambitious decarbonization goals in the country.
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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