ACORE welcomes rollback of anti-renewable MOPR in PJM Interconnection

The Federal Energy Regulatory Commission (FERC) has issued a notice confirming that the proposal from wholesale power market operator PJM Interconnection to eliminate the broad, renewable energy-suppressing Minimum Offer Price Rule (MOPR) in the PJM capacity market will take effect.
ACORE welcomes rollback of anti-renewable MOPR in PJM Interconnection

“Today is a great day for millions of ratepayers in PJM, America’s largest electricity market, who will be saved from paying more money than they should for clean power" said Gregory Whetstone, President and CEO of the American Council on Renewable Energy (ACORE), commenting on the decision yesterday (29th September). "The MOPR, as previously designed, was a poorly disguised effort to undermine the success that low-cost renewables have enjoyed in competitive electricity markets nationwide by financially bolstering uneconomic fossil fuel generators. We commend PJM for working to reverse a destructive policy that distorted the market and directly conflicted with state efforts to accelerate the transition to pollution-free renewable power.”

For additional information:

American Council on Renewable Energy (ACORE)

Federal Energy Regulatory Commission (FERC)

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