1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i PJM Minimum Offer Price Rule Impact on Future Renewables May 28, 2020 On December 18, 2019, the Federal Energy Regulatory Commission (FERC) issued an order directing the PJM regional transmission organization (RTO) to expa
2、nd its Minimum Offer Price Rule (MOPR) as a move to address subsidies to electric power generation resources by states, with certain exemptions. FERC stated that it acted “to protect the competitive capacity market administered by PJM” by requiring PJM to expand its MOPR to apply to any new or exist
3、ing power generation resource that receives, or is entitled to receive, a state subsidy, unless a FERC-determined exemption applies. FERC stated that resources that do not otherwise qualify for an exemption may seek a unit-specific exemption. FERC also clarified that the MOPR applies to state-subsid
4、ized resources (and not resources with federal subsidies). In April 2020, FERC denied requests for rehearing. Background RTOs and independent system operators (ISOs) manage the electric transmission systems and the competitive wholesale electric energy markets, under FERCs oversight. RTOs essentiall
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