01/21/2020 - Ari Peskoe

Gas, coal generators defend FERC’s PJM capacity market order

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“There are lots of opportunities for ‘arbitrary and capricious’ challenges,” said Ari Peskoe, director of the Harvard Electricity Law Initiative, including FERC’s broad definition of which subsidies will qualify for the price floor, and why FERC did not include an option for individual plants to opt out of the capacity market. “Rehearing request deadline is next Tuesday. We’ll have a better picture of the legal arguments then.”

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