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I'm here at #RFFlive for their FERC MOPR discussion. PJM and Calpine included in the upcoming panel.
RFF's Cleary giving a MOPR overview now. Great primer if you're catching up!
RFF's Cleary giving a MOPR overview now. Great primer if you're catching up!
Cleary notes that existing renewables and some new ones may be able to win exemptions from the MOPR. But folks in the renewables space have said the unit-specific process is too complex and isn't workable in its current form
Here are PJM's proposed MOPR levels from its filing last year. Cleary says "it’s very likely these resources when subject to these price floors will not clear the market," with the possible exceptions of some solar PV or CC gas plants.
HAPPENING NOW: #RFFlive’s “Making Sense of @FERC’s #MOPR Order.” Watch the livestream on our event webpage: buff.ly/2NjS9g3
#EnergyTwitter #FutureOfPower
#EnergyTwitter #FutureOfPower
@FERC 2/ RFF’s Kathryne Cleary is giving a brief primer on @FERC’s #MOPR order. Some context: @pjminterconnect’s capacity market, which we’re here to discuss today, is intended to promote investment and ensure adequate supply is available to meet demand.
@FERC @pjminterconnect 3/ Cleary: PJM has had an existing #MOPR in place since 2006, which was originally intended for new #NatGas plants to prevent them from bidding into the market at low prices. This MOPR order expands upon that to include state-subsidized resources.
