NRECA Annual Meeting
Tony Campbell is the CEO and Denise Foster is the Vice President of East Kentucky Power Cooperative. Marcus Harris is the CEO of Old Dominion Electric Cooperative. Charles Bayless is the Vice President of North Carolina Electric Membership Corp. Pat O’Loughlin is the CEO of Ohio’s Electric Cooperatives.
Ten CEOs of cooperative utilities sat down with PUF in one of three roundtable discussions at NRECA's Annual Meeting in New Orleans. In this roundtable, the CEOs of East Kentucky Power Cooperative, Ohio's Electric Cooperatives, and Old Dominion Electric Cooperative talked with PUF about FERC's Minimum Offer Price Rule, along with Vice Presidents from East Kentucky Power Co-op and North Carolina Electric Membership Corp.
PUF: On the Minimum Offer Price Rule or MOPR, why is this subject so important to your utilities and the industry overall?
Denise Foster: The ruling made it more important than it previously was. EKPC integrated into PJM in 2013 for the benefit of the capacity market among other benefits that we derive from the regional grid operation and wholesale market. At the time, the market rule allowed us, as an electric cooperative, to participate as self-supply and that rule effectively didn't apply to us.