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The world of renewables this week

Stakeholders are continuing to provide resistance to FERC’s proposals to raise the floor price for state-subsidized resources in the PJM Interconnection – including PJM itself. In comments issued last week, the grid operator stated that the Minimum Offer Price Rule (MOPR) may have “paradoxically unintended consequences” as it reduces the competitive edge of renewables in the state’s future market. Fossil fuel heavy companies such as Calpine Corporation have been advocates for this “level playing field”, while renewables advocates have come together to appeal for a rehearing against the decision, which would otherwise see the region’s transition to renewables stunted. Only 4 of the largest 21 countries in terms of energy consumption exceed 10% of their primary consumption from renewables, according…

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