MACRUC 25 and Live!
Judy Jagdmann is a commissioner with the Virginia State Corporation Commission. Joseph Fiordaliso is President of the New Jersey Board of Public Utilities. Jason Stanek is Chair of the Maryland Public Service Commission. Asim Haque is Vice President, State Policy and Member Services, PJM Interconnection. Todd Snitchler is CEO of EPSA.
FERC's Minimum offer Price Rule, or MOPR ruling, directed PJM Interconnection to dramatically expand its MOPR to nearly all state-subsidized capacity resources. The December 19, 2019 ruling has been legally challenged. This session examined how states' policy goals and well-functioning wholesale markets can co-exist in harmony to deliver the economic and sustainable environmental benefits states are seeking.
Moderated by Judy Jagdmann of the Virginia State Corporation Commission, with Joseph Fiordaliso, President of the New Jersey Board of Public Utilities, Jason Stanek, Chair of the Maryland Public Service Commission, Asim Haque, Vice President, State Policy and Member Services, PJM Interconnection, and Todd Snitchler, CEO, EPSA.
Virginia State Corporation Commission, Commissioner Judy Jagdmann: A utility can opt out of the capacity market by using what is called a fixed resource requirement, or FRR. American Electric Power has used FRR for its regulated cost of service utilities, since PJM's capacity market began. FERC's decision to expand the MOPR is causing many other states and utilities to take a look at the FRR option, including deregulated states.