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Back at #NARUCWinter2020 for the big panel of the day:
MD PSC Chair Stanek moderates a panel featuring PJM and market participants to discuss FERC's decision to institute a price floor (Minimum Offer Price Rule, or MOPR) for state subsidized nukes and renewables.
MD PSC Chair Stanek moderates a panel featuring PJM and market participants to discuss FERC's decision to institute a price floor (Minimum Offer Price Rule, or MOPR) for state subsidized nukes and renewables.
NRG's Kavulla, a former MT regulator and NARUC prez, handed out these anti-FRR flyers before the panel. The Fixed Resource Requirement is a mechanism states could use to pull out of the capacity market, and NRG says it would be a "major reversal" for competitive markets.
Kavulla says MOPR is "much ado about nothing" for renweables, bc wind and solar are getting cheaper and may still clear. If there was a MOPR in ERCOT, he says (and knows there cannot be), renewables would still clear.
