States, green groups seek FERC re-do on PJM capacity market order

摘要

State agencies and clean energy groups are calling on the FederalEnergy Regulatory Commission to rethink sweeping changes it directedPJM Interconnection to make to its capacity market, with warnings ofartificially inflated prices, over-procurement of capacity and a potentialexodus by states and market participants flooding the agency.FERC’s December 19 order (EL16-49, EL18-178) expanding applicationof the minimum offer price rule to all new resources receiving statesubsidies drew nearly 50 requests for rehearing or clarification, based ona review of the commission’s electronic docket system.