Priced Out: Understanding FERC’s ‘Minimum Offer Price Rule’ Order and its Impact on States, Consumers, and Advanced Energy

On December 19, the Federal Energy Regulatory Commission ordered PJM Interconnection, the nation’s largest regional grid operator, to make significant changes to the design of its capacity market that could have significant negative ramifications for advanced energy. FERC’s ruling will require newly developed advanced energy resources like wind, solar, energy storage, demand response, and energy efficiency to offer capacity into the market at high, predetermined prices if they receive or are eligible to receive revenues from a state policy program. What is the Minimum Offer Price Rule (MOPR), and what does it mean for advanced energy development, consumer costs, and increasingly ambitious state climate and clean energy goals?

This webinar, presented in association with the Sustainable FERC Project, unpacked the details of FERC's order and explored the implications of imposing the MOPR on these new advanced energy resources.

Panelists:

• Casey Roberts, Staff Attorney, Environmental Law Program, Sierra Club

• Tom Rutigliano, Senior Advocate, Sustainable FERC Project, Natural Resources Defense Council

• Eamon Perrel, Senior Vice President of Business Development, Apex Clean Energy
  
  
• Jeff Dennis, General Counsel and Managing Director, AEE (Moderator)