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: Thu, 31 Oct 2019 15:57:18 +0000
The post States to FERC: Promote Market Designs That Recognize State Priorities appeared first on POWER Magazine.
Attorneys general from 11 states ramped up pressure on the Federal Energy Regulatory Commission (FERC) to recognize state policy goals as it makes decisions related to market design, siting of new gas pipelines and storage facilities, and grid reliability. The measure is the latest in a string of recent pushes by states to ensure federally […]
The post States to FERC: Promote Market Designs That Recognize State Priorities 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 moreCredit to Author: Sonal Patel| Date: Wed, 10 Apr 2019 21:52:23 +0000
PJM Interconnection said it will hold its 2022–2023 capacity auction under current market rules on Aug. 14, 2019, though the Federal Energy Regulatory Commission (FERC) has yet to issue a decision on the grid operator’s plan to revamp its Minimum Offer Price Rule (MOPR). In an April 10 filing, however, PJM asked FERC to clarify that […]
The post PJM Will Hold Capacity Auction Under Current Rules in August appeared first on POWER Magazine.
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