After years of retail choice, some states have begun to examine whether customers are better off with competitive retailers or on the default service tariff. As retail choice comes under greater scrutiny, regulators will focus on stringent market entry rules and market monitoring that can help avoid deceptive tactics.
With four nuclear reactors potentially not clearing the PJM Interconnection’s annual Base Residual Auction for the 2021/2022 delivery year, the clearing price may see a rebound after a sustained fall for two consecutive auctions.
The net metering policy landscape is reacting to growing customer-sited generation. Facing pressure from utilities about grid use charges to net metering customers, policymakers have started actively seeking alternatives to the policy. Responses vary from new demand charges in Massachusetts and ending net metering in Michigan to New York’s new Value Stack pricing mechanism for distributed generation.
New Jersey lawmakers have passed a suite of sweeping measures to propel the state’s clean energy agenda under Democratic Governor Phil Murphy's administration. The swift turn of events marks a significant shift from his Republican predecessor Chris Christie who withdrew the state from the carbon market and shunned offshore wind.
