Largest U.S. grid operator pressed on carbon pricing
A broad coalition of power generators, industry groups and think tanks is pushing the nation’s largest grid operator to examine cost-effective, market-based ways to address climate change. More than 30 groups — including Advanced Energy Economy, the American Council on Renewable Energy, the Natural Gas Supply Association and the R Street Institute — called on PJM Interconnection LLC yesterday to double down on efforts to examine carbon pricing in its electricity markets. The PJM region spans 13 Midwestern and Mid-Atlantic states and the District of Columbia…
The groups referenced a recent decision from the Federal Energy Regulatory Commission to host a commissioner-led technical conference to explore considerations related to carbon pricing in organized markets (Energywire, June 18). A number of the groups that supported the letter were also key in prompting FERC to host the conference.