State-Federal Rift Pushes Power Markets To Breaking Point
Law360 (May 10, 2018, 4:36 PM EDT) -- Backlash against regional grid operator PJM Interconnection LLC's recent proposal to blunt the impact of state subsidies for clean energy in so-called capacity markets where power producers are paid to meet future demand highlights growing tensions between state and federal electricity policies that have experts questioning whether these markets have a viable future.
PJM, which oversees the grid in 13 Mid-Atlantic and Midwest states and Washington, D.C., last month urged the Federal Energy Regulatory Commission to approve one of two proposed overhauls to its capacity market: a two-stage auction where subsidized power sources first compete against each other before competing against...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!