FERC’s Glick urges broader commission look at capacity markets, states’ rights

摘要

The Federal Energy Regulatory Commission must revisit mandatorycapacity markets and how regions ensure resource adequacy or riskputting in peril the future of regional transmission organizations, FERCCommissioner Richard Glick told state officials Wednesday in anaddress that was highly critical of recent agency actions that couldundermine state sovereignty over the generation mix.FERC in December directed sweeping changes to PJMInterconnection’s capacity market (EL16-49, EL18-178) and in 2018approved ISO New England’s move to a two-stage capacity auctionprocess (ER18-619). Both efforts aimed to address states' out-ofmarketresource procurement actions while preserving competitivemarket prices, and have drawn criticism for purportedlydisadvantaging renewable energy resources and frustrating stateclean energy policies.