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Jasmin Melvin

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S&P Global: Renewables Face 2020 Challenges that Could End Eastern Capacity Markets

Posted by Jasmin Melvin on Dec 27, 2019

S&P Global published a piece on possible challenges for Eastern capacity markets, quoting AEE's Ryan Katofsky. Read excerpts below and the entire S&P Global piece here. 

Renewable energy developers on the East Coast face an uphill battle in 2020 to secure capacity payments as new wholesale power market rules have the potential to force them out of the market. Possibly more daunting than the hurdle this presents for the transition to a clean energy economy is the potential for market rule changes approved by the Federal Energy Regulatory Commission to be the beginning of the end for mandatory capacity markets in the Eastern regional transmission organizations...

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Topics: AEE In The News