Marji Philips, LS Power | © RTO Insider By Marji Philips In December 2019, FERC issued an order addressing the participation of subsidized resources in the electric capacity market. The order has been met with a highly politicized reaction from those who believe — wrongly — that the order is...

By Christen Smith and Rich Heidorn Jr. VALLEY FORGE, Pa. — PJM officials said Wednesday that they won’t run a capacity auction until FERC approves the RTO’s compliance filing implementing the expansion of its minimum offer price rule (MOPR), making it unlikely the delayed 2019 auction will occur this year.

By Steve Huntoon By now we’ve all been told that FERC’s recent order on PJM’s minimum offer price rule is the death knell for renewables and a big hit to consumers. This is the spin from renewable advocates who didn’t actually read the order before firing off press releases.[efn_note]The order...

By Christen Smith PJM will spend much of the forthcoming year dealing with the fallout of FERC’s Dec. 19 capacity market ruling and adjusting to a new CEO and chief financial officer following a tumultuous 2019. The RTO has until mid-March to make a compliance filing in response to last...

By Michael Brooks For years, it seemed like the most exciting thing to happen at a FERC open meeting was a creative interruption by environmental activists protesting the commission’s approvals of natural gas infrastructure. But while that certainly continued in 2019, center stage is occupied by the "Glick-McNamee Show": the...

By Rich Heidorn Jr. and Michael Brooks FERC voted 2-1 Thursday to extend PJM’s minimum offer price rule (MOPR) to all new state-subsidized resources, saying it was needed to combat price suppression in the RTO’s capacity market (EL16-49, EL18-178). The long-awaited ruling, supported by Chairman Neil Chatterjee and Commissioner Bernard...

By Christen Smith Transmission owners warned PJM last month that FERC inaction on the RTO’s capacity market revamp isn’t the only obstacle stalling future capacity auctions — state legislatures will likely need extra time to comply with the ruling too. In a Sept. 4 letter addressed to the PJM Board...

By Rich Heidorn Jr. The results of ISO-NE’s Forward Capacity Auction 13 became effective "by operation of law" Sept. 24 because FERC was unable to muster a quorum following the departure of Commissioner Cheryl LaFleur and the recusal of Commissioner Richard Glick. The commission issued a notice on the action...

By Christen Smith As PJM stakeholders anxiously await FERC’s ruling on expanding the minimum offer price rule (MOPR), a new analysis says the policy could increase capacity market prices $5.7 billion annually. The estimated 60% spike would add $6 to the typical ratepayer’s monthly bill, with consumers in Virginia and...

By Rich Heidorn Jr. FERC may be unable to issue its highly anticipated order on PJM’s capacity market rules before December, further complicating matters for the RTO and market participants. On Thursday, Commissioner Richard Glick disclosed that he would have to recuse himself from any matters involving his former employer,...