FERC, capacity markets, and state policy
Energy Innovation’s Robbie Orvis discusses the potential impacts of recent decisions by the Federal Energy Regulatory Commission (FERC) on U.S. solar and wind markets, and what we can expect in the future.
Can you sum up FERC’s recent decision on PJM’s capacity market proposals in layperson’s terms?So [transmission operator] PJM Interconnection had submitted a couple of options to FERC to reform its capacity market. One would have allowed resources to receive capacity commitments as they do today, but administratively add back into prices the impact of subsidies. …
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