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E&E News: Largest U.S. Grid Operator Pressed on Carbon Pricing

Posted by Arianna Skibell on Jul 1, 2020

E&E News noted AEE's role in a coalition's call for PJM to consider carbon pricing. Read excerpts below and the entire E&E News piece here (sub. req.).

A broad coalition of power generators, industry groups and think tanks is pushing the nation's largest grid operator to examine cost-effective, market-based ways to address climate change. More than 30 groups — including Advanced Energy Economy, the American Council on Renewable Energy, the Natural Gas Supply Association and the R Street Institute — called on PJM Interconnection LLC yesterday to double down on efforts to examine carbon pricing in its electricity markets. The PJM region spans 13 Midwestern and Mid-Atlantic states and the District of Columbia...

The groups referenced a recent decision from the Federal Energy Regulatory Commission to host a commissioner-led technical conference to explore considerations related to carbon pricing in organized markets (Energywire, June 18). A number of the groups that supported the letter were also key in prompting FERC to host the conference.

Competitive Power Ventures, the American Wind Energy Association, Apex Clean Energy, Aztec Solar, BayWa r.e. Solar Projects, Clearway Energy Group, Cypress Creek Renewables, Delaware's Division of the Public Advocate, Eastern Generation, Ecoplexus, EDF Renewables, EDP Renewables North America, Enel North America, Engie North America, First Solar, Invenergy, Lightsource BP, Ørsted North America, Pine Gate Renewables, Recurrent Energy, RWE Renewables Americas, Skyline Renewables, the Solar Energy Industries Association, Southern Current and Vistra Energy also signed the document.

In the absence of an aggressive federal push to curb greenhouse gas emissions, states enacted more than 500 clean energy laws in 2019 alone, according to the National Conference of State Legislatures. But state mandates for renewable generation have sparked criticism from some transitional fossil fuel companies. In an attempt to level the playing field for generators that do not receive state support, FERC last year issued an expanded minimum offer price rule, which raises floor prices for state-subsidized generation in the PJM capacity market...

Read the entire E&E News piece here (sub. req.). 

Topics: AEE In The News