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May 20, 2024

fixed resource requirement (FRR)

NJ Regulators Weighing Input on Capacity Market Exit
The New Jersey BPU received dozens of comments on how it should respond to PJM's expanded MOPR. State regulators initiated the investigation to determine if staying in the capacity market will increase consumer costs or impede the state's goals of 100% clean energy sources by 2050.
Report: Imports Key to Successful FRR
Analyses that predict increased costs for regions that exit PJM’s capacity market should be redone to presume maximizing imports to counter local market power.
Commenters Weigh in on PJM MOPR Compliance Filing
More than two dozen companies and coalitions filed responses to PJM’s compliance filing to FERC's order expanding its MOPR.
PJM Monitor Finds Capacity Exit Costly for NJ
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.
Clock Ticking on Exelon Illinois Nukes Under MOPR
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.
Dominion Undecided on FRR Option
Dominion told Virginia regulators it is undecided about whether to pursue an FRR or remain in the PJM capacity market, where new self-supply resources would be subject to the MOPR.
PSEG Turns Bullish on NJ FRR Option
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.
PJM Monitor Defends FRR Analyses in MOPR Debate
PJM’s Monitor defended a conclusion that ratepayers are likely to see cost increases in jurisdictions that exit the capacity market and adopt the FRR option.
FERC: RGGI, Voluntary RECs Exempt from MOPR
FERC clarified voluntary renewable energy credits and participation in RGGI will not subject capacity resources to PJM’s expanded minimum offer price rule.
Overheard at ACORE Policy Forum 2020
The need for gas peakers and electric transmission and the increasing popularity of hybrid storage projects were recurrent topics at the ACORE Policy Forum.

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