Utility Dive•about 2 months ago
Groups sue FERC over its approval of SPP’s capacity accreditation plan
Key Takeaway
A lawsuit challenging SPP's capacity accreditation plan could significantly alter market valuation for different generation types, impacting investment strategies for developers and capacity costs for large power consumers in the region.
AI Summary
- •Environmental groups (NRDC, Sierra Club) are suing FERC over its approval of the Southwest Power Pool's (SPP) capacity accreditation plan.
- •The lawsuit alleges SPP's current methodologies unfairly favor fossil-fueled power plants over renewable resources in capacity markets.
- •This legal challenge could lead to revisions in SPP's capacity accreditation rules, potentially altering revenue streams for different generation types and impacting capacity costs for large consumers in the SPP region.
Topics
capacity-marketccgtemissionsfercpolicysimple-cyclesolarsppstoragewind