CARBON, POWER PRICING
PLATTS - 01 Oct 2020 - Carbon pricing could solve the "missing money" problem capacity markets were designed to address and, in doing so, eliminate the need for regulations the Federal Energy Regulatory Commission has defended as necessary to mitigate the potential for price suppression from states' out-of-market resource procurement decisions, an economist said Sept. 30.
Power plant owners have complained for years about missing money, referring to lower revenues caused by policies and other factors that have driven energy and ancillary services prices down to levels that cannot sustain investment. With the launch…
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