Following is a statement from Katherine Gensler, vice president of regulatory affairs at the Solar Energy Industries Association (SEIA), on the Federal Energy Regulatory Commission’s (FERC) decision on PJM Interconnection’s capacity market pricing proposal:
“The Commission’s decision today is bad for renewable energy, bad for states and bad for customers.
“While cities and states are rapidly expanding their clean energy goals, FERC is constructing barriers that make it more difficult and expensive to choose renewable resources in the PJM capacity market. This action is misguided and does a disservice to states that are listening to their constituents’ demands for clean energy.
“As the Solar+ Decade kicks off, we will continue working with our members and partners to find ways to properly value solar generation in PJM and other wholesale markets. States make resource decisions and FERC’s role in approving fair market rates can and should accommodate state clean energy policies.
“SEIA will continue to fight for fair and open markets that allow renewables to compete.”
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About SEIA®:
Celebrating its 45th anniversary in 2019, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry, which now employs more than 242,000 Americans. Through advocacy and education, SEIA® is building a strong solar industry to power America. SEIA works with its 1,000 member companies to build jobs and diversity, champion the use of cost-competitive solar in America, remove market barriers and educate the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
Media Contact:
Morgan Lyons, SEIA’s Senior Communications Manager, mlyons@seia.org (202) 556-2872