Credit to Author: Aaron Larson| Date: Tue, 14 May 2024 12:55:43 +0000
It’s no secret that the U.S. electric power system has undergone a remarkable transition that continues today. Coal-fired generation, which was the leading source of power generation during the 20th […]
The post How Regulatory Burdens and Misguided Incentives Are Degrading Power System Reliability appeared first on POWER Magazine.
Credit to Author: Kennedy Maize| Date: Tue, 01 Mar 2022 05:11:00 +0000
The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids.
The post Market Transitions: The MOPR Merry-Go-Round appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 09 Jan 2020 15:19:42 +0000
The post PJM Stakeholders at Odds on Timing for Next Capacity Auction appeared first on POWER Magazine.
PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]
The post PJM Stakeholders at Odds on Timing for Next Capacity Auction appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 26 Dec 2019 16:27:40 +0000
The post Mixed Reactions to FERC’s Recent MOPR Order from Power Generators appeared first on POWER Magazine.
On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum offer screening process to bar new market […]
The post Mixed Reactions to FERC’s Recent MOPR Order from Power Generators appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Tue, 16 Apr 2019 16:41:28 +0000
The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC). The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]
The post Nuclear Subsidy Dispute Now Rests with FERC, Competitive Generators Say appeared first on POWER Magazine.
Read moreThe Seventh Circuit Court of Appeals has declined to rehear a case that challenges nuclear subsidies in Illinois, effectively dealing a blow to a group of competitive generators, which have fought the measure for several years. In an order issued on October 9, the appellate court said its full judicial panel had voted to deny […]
The post Competitive Generators Look to the Supreme Court After Seventh Circuit Declines Rehearing on Nuclear Subsidies appeared first on POWER Magazine.
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