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Energy Business
Richard Brooks
Richard Brooks
Expert Member
Top Contributor
 · Posted in Energy Business

ENTSO-E supports key aspects of the electricity market design reform proposals but sees room for improvement

[UPDATE March 27, 2023] PJM has announced "The PJM Board has directed PJM to seek delay of all upcoming RPM Base Residual Auctions (and Incremental Auctions as necessary), including the auction for the 2025/2026 Delivery Year currently scheduled for June

New England is not alone in the need to rethink how to manage the energy transition. The EU is also facing a similar set of challenges (click Read More below).

I look forward to seeing everyone at the June 20 FERC open meeting in Portland, Maine to discuss solutions for New England's capacity market reforms.

I remain convinced that AOCE deserves more consideration as a possible solution for capacity market reforms in New England. Two of the people that assisted with AOCE, Eugene Litvinov and Angie O'Connor, have passed on. I will continue to advocate for AOCE consideration in their memory and will not stop until someone authoritatively and convincingly states that AOCE will not work and provides a viable, detailed technical explanation as to why it will not work. Living out the words of Dylan Thomas "Do not go gentle into that good night".

 

 

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