FERC Denies Rehearing of Orders on PJM Capacity Market Reforms
The Federal Energy Regulatory Commission on April 16 largely rejected requests to reconsider its December 2019 order that directed PJM Interconnection LLC to extend the minimum offer price, or MOPR, to state-subsidized resources attempting to enter the capacity market. The agency also denied rehearing of its June 2018 order which found that state subsidies distort…...