FERC Revises MOPR, Maintains Market Access and Fairness for Independent Power Producers
Tuesday, Sep 28 2021
WASHINGTON, D.C. — Today the PJM Interconnection’s Focused Minimum Offer Price Rule (MOPR) will go into effect by operation of law.
Following is a statement from Sean Gallagher, vice president of state and regulatory affairs at the Solar Energy Industries Association on the development.
“While we are disappointed the Federal Energy Regulatory Commission did not affirm the Focused MOPR, under the Federal Power Act the Focused MOPR is now the law of the land, which is a vast improvement for the PJM market.
“As proposed, the MOPR would have undermined PJM’s competitive market and punished states and independent power producers (IPPs) for providing affordable clean energy during annual capacity market auctions. The Focused MOPR clears a path forward for IPPs that want to bid into PJM’s base residual auction and acknowledges the right for states to choose affordable and reliable clean energy.
“The Focused MOPR also removes unnecessary administrative burdens and project assumptions that favor incumbent generators. The end result is a more efficient capacity market that protects market participants and customers alike.
“For over a year, SEIA’s regulatory affairs experts have engaged in PJM’s stakeholder process on the MOPR. As a result of this engagement from SEIA and many other allies, IPPs will be able to participate in the capacity market and upcoming auctions like all other generators in PJM’s territory.
“Solar and storage are a critical part of our future and SEIA will continue to fiercely advocate for fair market access for competitive solar and storage assets before PJM, FERC and other regulatory bodies.”
The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy, creating the framework for solar to achieve 20% of U.S. electricity generation by 2030. SEIA works with its 1,000 member companies and other strategic partners to fight for policies that create jobs in every community and shape fair market rules that promote competition and the growth of reliable, low-cost solar power. Founded in 1974, SEIA is the national trade association for the solar and solar + storage industries, building a comprehensive vision for the Solar+ Decade through research, education and advocacy. Visit SEIA online at www.seia.org and follow @SEIA on Twitter, LinkedIn and Instagram.