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July 22, 2024

zero-emission credits (ZEC)

© RTO Insider
PJM Flexible on Capacity Rules, Ott Tells OPSI Meeting
The annual meeting of the Organization of PJM States Inc. (OPSI) in Chicago featured lively discussions about the RTO's proposed capacity market revamp.
PJM
Illinois: PJM Market Design Enriching Exelon
PJM’s market design and Exelon’s control of local generation allow the company to name its price for capacity commitments in the Chicago area.
NCSL
UPDATED: Little Common Ground in PJM Capacity Revamp Filings
The first round of filings in PJM’s “paper hearing” on revisions to the capacity market showed wide disagreement over broadening the MOPR.
Constellation Energy Nuclear Group
Appeals Court Upholds NY Nuclear Subsidies
The 2nd U.S. Circuit Court of Appeals upheld New York’s zero-emission credits for nuclear generation, rejecting claims they intrude on FERC jurisdiction.
© RTO Insider
Illinois: End PJM Capacity Market?
The Illinois Commerce Commission suggested PJM consider ending its capacity market if it continues supporting policies that discount its preferences.
Nuclear Regulatory Commission
7th Circuit Upholds Ill. ZEC Program
Illinois’ nuclear generation subsidies do not interfere with FERC-regulated wholesale power markets, the 7th U.S. Circuit Court of Appeals ruled.
NYSERDA
NYSERDA Talks Offshore Wind Contract Terms
At what point will a New York offshore wind bid become firm and binding? And how will state agencies ensure a project delivers promised benefits?
FERC Orders PJM Capacity Market Revamp
Rising state subsidies for renewable and nuclear power require PJM to revamp its MOPR to address price suppression in its capacity market, FERC ruled.
CPV: Subsidies, not Gas Fears, Challenge for New Plants
Competitive Power Ventures celebrated the opening of its new Towantic Energy Center, an 805-MW combined cycle gas-fired power plant in Oxford, Conn.
Nuclear Regulatory Commission
Analyst: FERC Asserts Role in Handling Nuke Subsidies
FERC and the U.S. Department of Justice told the 7th Circuit that Illinois' zero-emission credits (ZECs) program is not pre-empted by the Federal Power Act.

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