Mixed Reactions to FERC’s Recent MOPR Order from Power Generators
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 entrants from artificially depressing capacity auction clearing prices.
See why the recent order is significant here, “The Significance of FERC’s Recent PJM MOPR Order Explained.” |
The barrage of news reports about the order that followed its release focused heavily on the divided vote, noting it fell along the commissioners’ political affiliations: Chairman Neil Chatterjee and Bernard McNamee are Republicans, and Richard Glick is a Democrat. As Cheryl LaFleur, a commissioner who left FERC in August, told POWER, FERC—an independent regulatory government agency that is officially organized as part of the Department of Energy—has increasingly been mired in partisanship and politicization.…