Regional Greenhouse Gas Initiative (RGGI)
The New England Energy Summit kicked off the second of three virtual sessions with Sen. Sheldon Whitehouse touting carbon pricing.
FERC’s proposed policy statement on carbon pricing won wide support, although some expressed doubt that it will spur adoption.
Present and former regulators told NARUC they are skeptical that carbon pricing and capacity markets would achieve decarbonization.
Connecticut DEEP Commissioner Katie Dykes took aim at both ISO-NE and FERC in a panel discussion on carbon pricing during a Consumer Liaison Group meeting.
The Pennsylvania House of Representatives voted to pass a bill limiting the state’s entry into the Regional Greenhouse Gas Initiative.
Pennsylvania Republican senators said that Gov. Tom Wolf’s plan to join RGGI will accelerate the closure of the state’s coal-fired generating plants.
Stakeholders encouraged PJM to take a more active role in facilitating carbon pricing as more states look to join the Regional Greenhouse Gas Initiative.
PJM’s Monitor defended a conclusion that ratepayers are likely to see cost increases in jurisdictions that exit the capacity market and adopt the FRR option.
FERC clarified voluntary renewable energy credits and participation in RGGI will not subject capacity resources to PJM’s expanded minimum offer price rule.
The owners of the Beaver Valley nuclear plant have told PJM they will keep the plant in operation, citing Pennsylvania’s efforts to join RGGI.
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