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Renewables & Clean Energy

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JOKE: FERC Administratively Doubles ISO-NE Capacity Prices ($1.4 Billion Hit); Moeller Claims "Real" Reliability Benefits from Capacity Payments Even as 75% of Gas-Fired Generation Offline

FERC has administratively doubled capacity prices to be paid by retail suppliers, and their customers, in ISO New England, with Commissioner Philip Moeller brazenly trying to sell customers on the "reliability benefits" of the rate shock -- at a time when 75% of ISO-NE's gas-fired generation was…

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eBay Inc. applied for Market-Based Rate authority at FERC. The impetus of the petition is eBay's development of a 6 MW fuel cell generation facility in Utah, with the primary purpose of providing power to an eBay data center at that site. eBay was not explicit, however, in stating that its MBR…

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