MOPR could push vertically integrated utilities to flee PJM capacity market: executive

摘要

The Federal Energy Regulatory Commission’s actions intended tostamp out artificial price suppression brought on by state-subsidizedgeneration may result in the end of vertically integrated utilityparticipation in the capacity markets, an executive of a major US utilitysaid at a renewable energy forum.FERC’s December order (EL16-49, EL18-178) directing sweepingchanges to PJM Interconnection’s capacity market expandedapplication of the minimum offer price rule to all new resources in PJMthat are eligible to receive state subsidies. Exemptions were onlyprovided for certain existing resources.