FERC Order on PJM Capacity Market Reforms Draws Criticism for Hindering State Clean Energy Policies
The Federal Energy Regulatory Commission’s long-awaited order revamping PJM Interconnection LLC’s capacity market rules directs the grid operator to extend the minimum offer price, or MOPR, to all new state-subsidized resources. Clean energy advocates sharply criticized the move citing its potential to harm renewable generation seeking to participate in the capacity market. Democratic Commissioner Richard…