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Home » minimum offer price rule (MOPR)

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

FERC Narrows NYISO Mitigation Exemptions

Storage, DR Now Subject to Buyer-side Mitigation
Feb 20, 2020
Michael Kuser
By Michael Brooks and Michael Kuser WASHINGTON — FERC on Thursday narrowed the resources exempt from NYISO’s buyer-side market power mitigation (BSM) rules in southeastern New York, ordering the ISO to subject storage and demand response to a minimum offer floor in its capacity market. In doing so, the commission...
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PJM May Compress BRA Schedule over MOPR

Feb 19, 2020
Rich Heidorn Jr.
By Rich Heidorn Jr. PJM began to sketch out how it will respond to FERC’s order expanding the minimum offer price rule (MOPR) Wednesday, suggesting that it may compress the schedule for the delayed 2022/23 Base Residual Auction and subsequent auctions. At a special meeting Wednesday morning of the Market...
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Dominion: 'No Near Term Impact' from PJM MOPR

Feb 12, 2020
By Christen Smith Dominion Energy executives told investors Tuesday that PJM’s expanded minimum offer price rule (MOPR) poses no near-term threat to its 2,600-MW offshore wind farm planned for 2026. CFO Jim Chapman said Dominion’s balanced portfolio in Virginia will shield the company from any financial impact, but that electing...
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PJM Seeks to Quell ‘Inflammatory’ Exit Talks

Feb 11, 2020
Michael Brooks
By Rich Heidorn Jr. and Michael Brooks WASHINGTON — A top PJM official sought Monday to quell talk of an exodus from the RTO in response to FERC’s controversial order expanding the minimum offer price rule (MOPR), telling state regulators they shouldn’t lose sight of the RTO’s overall "value proposition."...
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PJM MIC Briefs: Feb. 5, 2020

Synchronous Reserve O&M Vote Deferred
Feb 10, 2020
VALLEY FORGE, Pa. — Exelon succeeded Wednesday in its attempt to defer a vote on a quick fix to the synchronous reserve operations and maintenance cost adder in PJM Manual 15. Some 77% of the Market Implementation Committee agreed with the transmission owner’s motion to delay voting on the Independent...
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Glick Warns Capacity Rules Putting RTOs ‘in Peril’

Feb 10, 2020
Michael Brooks
By Michael Brooks WASHINGTON — FERC Commissioner Richard Glick told state energy officials that he thinks the commission needs to holistically revisit the concept of mandatory capacity markets or risk putting "in peril the future of RTOs in general." Speaking at the National Association of State Energy Officials’ Energy Policy...
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Exelon Challenges PJM Monitor's ComEd FRR Analysis

Feb 5, 2020
By Christen Smith VALLEY FORGE, Pa. — Exelon said Wednesday that a report from the PJM Independent Market Monitor uses faulty assumptions and anti-subsidy rhetoric to exert undue policy influence and cast a negative light on the fixed resource requirement (FRR) alternative some members may pursue in the face of...
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Is Self-supply Suppressing Prices?

LSEs Say Evidence is Lacking
Feb 3, 2020
By Christen Smith and Rich Heidorn Jr. Has FERC made its case that cooperatives, municipal utilities and vertically integrated utilities in PJM receive state subsidies and are using them to suppress capacity prices? Those are questions a federal appeals court will have to answer, assuming FERC declines requests to rehear...
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MOPR Ruling Threatens to Upend Self-supply Model

Feb 3, 2020
By Christen Smith and Rich Heidorn Jr. Old Dominion Electric Cooperative, which supplies power to 1.4 million people in Virginia, Maryland and Delaware, has been generating its own power since 1983, when it bought a share of Virginia Electric and Power Co.’s North Anna Nuclear Power Station. It would add...
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Connecticut Weighs Pros, Cons of ISO-NE Markets

Jan 23, 2020
Michael Kuser
By Michael Kuser NEW BRITAIN, Conn. — State regulators on Wednesday hosted a spirited public hearing to examine whether ISO-NE’s wholesale electricity markets are geared to serving the state’s clean energy objectives. "Despite the ISO’s best efforts ... the markets seem to have been unable to attract and retain the...
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