|Post-Conference Request for Comments on State Policies and Eastern RTOs/ISOs|
Following up on the technical conference convened by FERC Staff at the beginning of the month on the interplay between state policy goals and the Eastern RTOs/ISOs, FERC is requesting comment on topics discussed during the conference. This includes the five potential paths forward that were identified: limited or no minimum offer price rule; accommodation of state actions; status quo; pricing state policy choices; and expanded minimum offer price rule. For the five paths forward that were identified, commenters are asked to discuss corresponding wholesale market changes that would be needed, feasibility of implementation, impact on market participants ability to make long-term decisions, and the near-term and long-term sustainability.
Staff also requests comment on the following:
"1. The principles and objectives that should guide the selection of a path forward, as well as the principles and objectives that should guide rule changes that would be required by their suggested approach.
2. The degree of urgency for reconciling wholesale markets and state policies and if that urgency necessitates both a near-term (e.g., next one to three years) approach and a different long-term approach. To the extent commenters advocate for different near-term and long-term solutions, please explain what type of transition is needed and why, and how the suggested near-term approach will facilitate achievement of the suggested long-term approach.
3. Long-term expectations regarding the relative roles of wholesale energy and capacity markets and state policies in the Eastern RTOs/ISOs in shaping the quantity and composition of resources needed to cost effectively meet future reliability and operational needs.
4. What procedural steps the Commission should take, if any, to reconcile the competitive market framework with the increasing interest by states to support particular resources and resource attributes that might facilitate such reconciliation."
Comments are due June 22, 2017. The full text of the Notice Requesting Comments is available on the NEM Website.