06/21/2021 - Ari Peskoe

As 9 Ex-FERC commissioners tout organized markets, we need facts, not propaganda on the benefits

Tag: Utility Dive

No less an advocate than Ari Peskoe, director of Harvard Law School’s Electricity Law Initiative was clear with respect to the PJM auction (although he made the comment prior to the results being announced) when he told Bloomberg: “The market has been trending toward renewables, but this is pulling it back. It’s fighting the future.” PJM’s recent capacity auction — in which 3,414 additional megawatts of natural gas cleared (compared to 312 additional megawatts of wind and 942 additional megawatts of solar) — will do nothing to slow PJM’s tilt towards traditional fuels.

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