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Did An Entire Region Of The U.S. Just Disincentivize Renewables? This Lawsuit Says Yes.
http://thinkprogress.org/climate/2016/07/15/3798275/renewables-deserve-capacity-markets-too/[font face=Serif][font size=5]Did An Entire Region Of The U.S. Just Disincentivize Renewables? This Lawsuit Says Yes.[/font]
by Samantha Page | Jul 15, 2016 8:00 am
[font size=3]During the polar vortex of 2014, power companies struggled. There wasn’t enough natural gas power in the pipeline (pun intended), and prices skyrocketed.
The shortage was expensive for homeowners — some saw their monthly bill go up five-fold from January to February — but for utilities, it was expensive, dangerous, and scary. No one wants to be on the hook for a bunch of families losing power in the middle of a -7°F night.
Following the prolonged cold snap, PJM, the entity that oversees utilities in the Mid-Atlantic and parts of Appalachia and the Midwest, put a plan into action: It would help the local utilities ensure that power was more reliable. To do this, PJM fast-tracked new rules for capacity resources — an industry phrase for guaranteed electricity supply. The Federal Energy Regulatory Commission (FERC) approved the new rules last May.
But now four environmental groups, including the Natural Resources Defense Council and the Sierra Club, have announced a lawsuit against FERC, saying the rules are going to cost consumers and are unduly burdensome to renewable energy.
…[/font][/font]
by Samantha Page | Jul 15, 2016 8:00 am
[font size=3]During the polar vortex of 2014, power companies struggled. There wasn’t enough natural gas power in the pipeline (pun intended), and prices skyrocketed.
The shortage was expensive for homeowners — some saw their monthly bill go up five-fold from January to February — but for utilities, it was expensive, dangerous, and scary. No one wants to be on the hook for a bunch of families losing power in the middle of a -7°F night.
Following the prolonged cold snap, PJM, the entity that oversees utilities in the Mid-Atlantic and parts of Appalachia and the Midwest, put a plan into action: It would help the local utilities ensure that power was more reliable. To do this, PJM fast-tracked new rules for capacity resources — an industry phrase for guaranteed electricity supply. The Federal Energy Regulatory Commission (FERC) approved the new rules last May.
But now four environmental groups, including the Natural Resources Defense Council and the Sierra Club, have announced a lawsuit against FERC, saying the rules are going to cost consumers and are unduly burdensome to renewable energy.
…[/font][/font]
