minimum offer price rule (MOPR)
The 3rd U.S. Circuit Court of Appeals upheld FERC's 2021 approval of PJM's tightened minimum offer price rule, which removed a requirement that resources receiving state subsidies be mitigated to their cost-based offer.
A range of clean energy stakeholders outlined questions and concerns about the potential changes in ISO-NE's FCA 19.
Ohio lawmakers are raising concerns about how the costs from Illinois’ Climate and Equitable Jobs Act will impact their state's ratepayers.
FERC denied a request to impose a capacity price floor on subsidized resources in NYISO, reiterating its support for narrower buyer-side mitigation rules.
Capacity prices dropped by one-third to almost one-half in PJM’s auction for 2023/24, likely depressed by the end of the MOPR and a tougher price cap.
ISO-NE is leaning toward a marginal approach to resource capacity accreditation, but there's a year of stakeholder discussions ahead.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
FERC reluctantly accepted ISO-NE’s plan to remove its minimum offer price rule after a two-year transition period.
Legal challenges to the PJM MOPR do not just concern the RTO and its capacity market; they could set a precedent for how courts review tie votes at FERC.
Massachusetts broke from NESCOE's stance on the elimination of ISO-NE's MOPR, saying the rule should be disposed of as soon as possible, without any delay.
Sen. Ed Markey has set his sights on ISO-NE, accusing the grid operator of being part of an "oil and gas conspiracy."
Want more? Advanced Search