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A Divided FERC Issues A Carbon Policy Statement - Environment


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Over the partial concurrences and partial dissents of two of its
three Republican commissioners, the Federal Energy Regulatory
Commission (FERC) yesterday issued a Policy
Statement in Docket No. AD20-14 announcing that it would
entertain filings by eligible entities in certain parts of the
country to incorporate state-sponsored carbon prices in wholesale
markets. The action follows a September 2020 carbon pricing
technical conference and a Proposed Policy Statement that was issued on
October 15, 2020 under then-Chairman Neil Chatterjee, another
Republican appointee, who was replaced as Chairman less than three ....

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FERC 'finally' ends PJM MOPR proceeding, paving way for grid operator's next capacity auction


Dive Brief:
The Federal Energy Regulatory Commission on Thursday voted 3-1 to vacate an infamous footnote added to a rehearing order on the PJM Interconnection s broader minimum offer price rule (MOPR) proceeding.
FERC s order eliminates confusion over the footnote, which had suggested that New Jersey s default service auction could be considered a state subsidy under the expanded MOPR. I believe this, finally, is the end of the commission s PJM MOPR proceeding, said Chairman Richard Glick. Although I disagreed with our various MOPR orders, I do believe it is time for PJM to move ahead with the capacity auction, which has unfortunately been delayed for several years. ....

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