Dueling Proposals Emerge for Remaking PJM’s Capacity Market

By [email protected] PJM, the country’s biggest grid operator, has filed a plan for remaking its capacity markets. The plan would put state-subsidized wind, solar or nuclear power plants in a separate class from other resources to meet the terms of a controversial Federal Energy Regulatory Commission order from June.

PJM’s plan is drawing fire from clean energy advocates who say it will increase energy costs by billions of dollars a year in payments to uncompetitive and redundant fossil-fuel-fired power plants.

Instead, they want FERC to consider an alternative proposal that would give states the flexibility to pull subsidized power plants out of the

Read Full Article Here

For more great articles: Greentech Media: Headlines

(Visited 1 times, 1 visits today)

Comments

comments



© 2014 RenewaNews