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Home » minimum offer price rule (MOPR)

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

FCA 13 Results Stand Without FERC Quorum

Sep 29, 2019
Rich Heidorn Jr.
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...
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MOPR Impact Study Ruffles Feathers Ahead of FERC Ruling

Sep 15, 2019
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...
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Glick Recusal May Mean No MOPR Ruling Before December

Sep 15, 2019
Rich Heidorn Jr.
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,...
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PJM MIC Briefs: Aug. 7, 2019

Capacity Auction Ruling Anticipated Before 2020
Aug 12, 2019
VALLEY FORGE, Pa. — PJM staff told the Market Implementation Committee on Wednesday that they will not file waivers for upcoming capacity auction deadlines and will instead rely on FERC to issue an order on its minimum price offer rule (MOPR) before the end of the year. Pat Bruno, PJM...
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Monitor: PJM Markets Remain ‘Under Attack’

Aug 11, 2019
By Christen Smith PJM’s wholesale power markets remain "under attack" from those concerned about the retirements of legacy generators unable to profit in the face of ever-decreasing energy prices, the Independent Market Monitor said Thursday. In its quarterly State of the Market report released last week, the Monitor — in...
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Exelon: Market Flaws Threaten Ill. Carbon Policy

Aug 6, 2019
By Christen Smith Exelon leadership told investors last week Illinois’ transition toward 100% carbon-free power can’t succeed without PJM market reforms to keep the company’s nuclear plants running. Chris Crane, Exelon | © RTO Insider "The bottom line is fundamental market reforms are needed in the United States if we...
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FERC Halts PJM Capacity Auction

Jul 25, 2019
By Christen Smith FERC halted PJM’s plan to run its capacity auction next month in a surprise order issued Thursday, just hours after the Markets and Reliability Committee reaffirmed the RTO’s decision to move forward as planned. The commission refused to "rule prematurely" on PJM’s request for clarification that if...
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FERC Open Meeting Briefs: April 18, 2019

Chief of Staff Named
Apr 21, 2019
Rich Heidorn Jr.
FERC Chairman Neil Chatterjee on Thursday named veteran commission attorney Maria Farinella as chief of staff to replace Anthony Pugliese. FERC attorney Maria Farinella receives applause after being announced as the commission's chief of staff. | FERC "Maria’s longstanding career as an energy attorney, both at FERC for the past...
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PJM to Hold Capacity Auction in August

Apr 10, 2019
By Christen Smith VALLEY FORGE, Pa. — PJM will move forward with its August capacity auction under current market rules, unless FERC says otherwise, CEO Andy Ott told stakeholders Wednesday. Ott said the PJM Board of Managers settled on that course after determining the RTO’s minimum offer price rule (MOPR)...
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PJM Mulls Options for August Capacity Auction

Mar 21, 2019
By Christen Smith Wilmington, Del. — PJM on Thursday offered stakeholders four options for navigating its upcoming capacity auction, noting that each comes with risks and uncertainties. Stu Bresler, PJM | © RTO Insider "We are in a bit of quandary," said Stu Bresler, PJM’s vice president of operations and...
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