EPSA submitted a letter to PJM Interconnection for consideration as part of the June 4 Capacity Market Workshop Session 6 discussion regarding issue scoping and timing/sequencing for Phase II (“Beyond MOPR”) capacity market reforms that may be necessary.
The letter from EPSA’s CEO Todd Snitchler states: “EPSA agrees with other stakeholders who have urged a holistic approach regarding consideration of targeted capacity (and other) market enhancements that may be needed…Further, PJM and stakeholders should begin consideration of these possible changes immediately following submittal of the MOPR reform filing to FERC. EPSA encourages PJM to specify in the MOPR reform filing their absolute commitment to and meaningful consideration of the Phase II market- and reliability-based updates and changes to be filed within a specified timeframe by October 2022.” In support, EPSA offered for consideration the recently issued report of Energy + Environmental Economics (“E3”), “Scalable Markets for the Energy Transition.”
