The Federal Energy Regulatory Commission ordered New England’s grid operator to end a rule that let new resources lock in prices for up to seven years.
Disagreement between clean energy advocates and renewable energy companies hangs on a proposal criticized in Gov. Pritzker’s new plan.
Sweeping “minimum offer” rule will likely cut into the competitive edge for renewables as a hedge against fossil fuels.
The regional grid operator’s long-term capacity auctions have become key to developers’ state siting applications.
Critics want a state energy agency to take over capacity procurement for the regional grid operator.