capacity markets

Charging Consumers for Imaginary Power Needs

FERC is distorting energy markets in the name of perfect competition.

Last year, the GOP majority on FERC decided that state clean energy policies were distorting energy markets in the country’s largest grid region.  Because they provided incentives for power producers, FERC ruled, those policies should be considered subsidies. It directed grid operators to introduce new policies to counter those subsidies and halt the dreadful onslaught …

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