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Home » minimum offer price rule (MOPR)

Articles Tagged with ''minimum offer price rule (MOPR)''

Stakeholders Appeal Expansion of PJM MOPR

Apr 21, 2020
Michael Yoder
[NOTE: This story was updated to include additional appeals filed after April 21.] The battle over FERC’s order expanding PJM’s minimum offer price rule (MOPR) moved to the federal courts this week as environmental groups, electric cooperatives and state regulators filed petitions for appellate review. The filings were set in motion...
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FERC: RGGI, Voluntary RECs Exempt from MOPR

Monitor: Md. Costs Likely to Rise with FRR
Apr 16, 2020
Rich Heidorn Jr.
[NOTE: This article has been updated to include excerpts from the orders, which were not available at press time Thursday.] By Rich Heidorn Jr. FERC on Thursday clarified that voluntary renewable energy credits (RECs) and participation in the Regional Greenhouse Gas Initiative (RGGI) will not subject capacity resources to PJM’s...
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IPPs, Renewable Groups Seek FERC Carbon Pricing Conference

Apr 14, 2020
Rich Heidorn Jr.
By Rich Heidorn Jr. A broad coalition of independent power producers and renewable energy and trade groups petitioned FERC Monday to convene a technical conference on integrating carbon pricing into organized wholesale electric markets (AD20-14). "Currently, certain FERC-jurisdictional wholesale electric energy and capacity markets are grappling with how to reconcile...
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N.J. Investigating Alternatives to PJM Capacity Market

MOPR Comment Deadline Extended
Mar 31, 2020
Michael Yoder
By Michael Yoder New Jersey regulators have taken the first step in determining whether the state should remain in PJM’s capacity market or to go in a different direction to meet the state’s electricity needs. The New Jersey Board of Public Utilities (NJBPU) voted March 27 to investigate if staying...
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MOPR May Not be Death Knell for Renewables in PJM

Mar 22, 2020
Rich Heidorn Jr.
By Rich Heidorn Jr. PJM’s expanded minimum offer price rule (MOPR) won’t hinder renewables as much as some had feared if the RTO’s interpretation of FERC’s Dec. 19 order is accepted by the commission, according to solar and wind trade groups and a new analysis by the Independent Market Monitor.
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PJM Makes MOPR Compliance Filing

Mar 18, 2020
Rich Heidorn Jr.
By Rich Heidorn Jr. PJM on Wednesday submitted proposed Tariff changes to comply with FERC’s controversial December order requiring expansion of the minimum offer price rule (MOPR) to new state-subsidized resources. A quick review of the 683-page filing did not reveal any major surprises (EL16-49, ER18-1314, EL18-178). The RTO had...
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Study: Retail Design Key to Escaping Capacity Markets

Retail-choice States Fail on Resource Procurement
Mar 17, 2020
Rich Heidorn Jr.
By Rich Heidorn Jr. Retail-choice states wanting to reduce their reliance on RTO capacity markets need to improve how their retail markets handle resource procurement, according to a new study produced for the Wind Solar Alliance. Rob Gramlich, Grid Strategies | © RTO Insider "When competitive retail states restructured, there...
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UPDATE: Monitor: PJM Saw Record-low Energy Prices in 2019

Mar 17, 2020
Michael Yoder
By Michael Yoder and Michael Brooks The average load-weighted, real-time LMP in PJM was $27.32/MWh last year, a 28.6% decrease from 2018 and the lowest in the RTO’s 21-year history, the Independent Market Monitor said Thursday. According to the Monitor’s annual State of the Market report, energy prices made up...
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Report Slams PJM Forecasting, CONE Estimates

Estimates $4B in Excess Capacity Costs
Mar 16, 2020
Michael Yoder
By Michael Yoder PJM’s Reliability Pricing Model is acquiring more capacity than needed, leading to dirtier, less efficient generation and billions annually in excessive costs for consumers, according to a report released Monday. Economist James F. Wilson said PJM is purchasing unnecessary capacity because of auction design features and inaccurate...
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PJM MOPR Floor Prices Reduced for Gas, Nuclear, Solar Units

Mar 16, 2020
Rich Heidorn Jr.
By Rich Heidorn Jr. PJM officials told stakeholders last week that revised calculations show lower floor prices for gas, nuclear and solar generating units under the expanded minimum offer price rule (MOPR). Last month, PJM and The Brattle Group received feedback from stakeholders on their initial calculations of net cost...
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