January 20, 2017
Over Objection of Retail Suppliers, FERC Grants Complaint To Immediately Reduce Capacity Market Clawback (Peak Energy Rent) In New England
FERC granted in part a complaint filed by generators and found that ISO New England's Peak Energy Rent (PER) mechanism, which is a form of capacity market revenue clawback paid to load, is no longer just and reasonable. FERC ordered immediate changes to the PER strike price
