02/24/2020 - Ari Peskoe

Largest New England coal plant clears ISO-NE capacity auction, will stay online until 2024

Tag: Utility Dive

“This is the second one of these substitution auctions that are supposed to induce old resources like Merrimack to retire and get paid for doing so, and allow a clean energy resources to substitute in and take that capacity obligation,” Ari Peskoe, director of the Electricity Law Initiative at Harvard Law School told Utility Dive. The PJM Interconnection also has in place a controversial mechanism intended to curb the influence of state-driven resource incentives.

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