Governors' Wind Energy Coalition

FERC voted 3-1 on Thursday to largely accept a March 2019 proposal from grid operator PJM to impose a new demand curve in the market that will raise prices for generators and demand resources and increase penalties for failure to deliver promised power. The higher prices paid to backup generators in the Mid-Atlantic power market would ensure they will be available in case of unexpected power plant outages, Pro’s Gavin Bade reports.

Democrat Richard Glick dissented , saying the order would raise prices for consumers in the 13-state market by between “$500 million and $2 billion annually without providing additional benefits.” And he said the order follows a troubling pattern of the Republican-led FERC repeatedly increasing prices paid to fossil fuel plants in the PJM region and others.