News

E&E News covered the challenges for states considering leaving PJM, quoting AEE's Jeff Dennis. Read excerpts below and the entire E&E News piece here (sub. req.). 

States looking to escape a regional power market before federal rule changes take effect have only one way out. The exit ramp is complex and untested. Even its name is forbidding: the fixed resource requirement, or FRR. Exiting the PJM Interconnection capacity market, the nation's largest, won't be easy, but analysts say it could give states the flexibility they need to duck the rule they say would prevent them from hitting their ambitious clean energy targets. So the FRR is suddenly a hot ticket.

E&E News covered Dominion Energy's plans to expand renewable energy to meet 2045 clean energy goals quoting Virginia AEE's Harry Godfrey. Read excerpts below and the entire E&E News piece here (sub. req.). More about Virginia Clean Economy Act here.

Dominion Energy Inc. has announced plans to quadruple renewable energy development in Virginia to comply with the state's landmark clean energy law, but critics warn the move might not be enough to achieve net-zero emissions by a 2045 deadline. The company's Dominion Energy Virginia subsidiary is aiming to add a combined 23.7 gigawatts of solar, wind and battery storage to its portfolio by the end of 2035, according to its 2020 integrated resource plan — roughly four times greater than previous renewable energy targets. 

E&E News covered Maryland Public Service Commissioner Jason Stanek's comments on considering exiting Md. from PJM Interconnection's capacity market in response to FERC's MOPR order, quoting AEE's Jeff Dennis. Read excerpts below and the entire E&E News piece here (sub. req.).  

Maryland's top utility regulator said his state is considering exiting PJM Interconnection's capacity market — the nation's largest — in response to a Federal Energy Regulatory Commission order last year changing the grid operator's pricing mechanisms. "It's hard to say whether [exiting is] a net benefit," Jason Stanek, chairman of the Maryland Public Service Commission, said Wednesday on a webinar hosted by the National Conference of State Legislatures. "It is not an easy calculus to make, and we're in the midst of that right now..."

E&E News reported a broad coalition of power generators, industry groups and think tanks is pushing FERC to look at impact and options for carbon pricing policies in competitive wholesale electricity markets, quoting AEE's Jeff Dennis. Read excerpts below and the entire E&E News piece here (sub. req.). RTO Insider also covered this story (sub. req.) quoting Jeff Dennis.

More than a dozen energy groups, including utilities NextEra Energy Inc. and LS Power, are calling on the Federal Energy Regulatory Commission to host a conference to consider the agency's options for using carbon pricing in competitive wholesale electricity markets. Electric transmission lines are pictured. A broad coalition of power generators, industry groups and think tanks are pushing the Federal Energy Regulatory Commission to look at cost-effective, market-based ways to address climate change...