New England generators seek redo of FERC capacity order

S&P Global Platts | Author Kate Winston

Washington — Echoing retroactive ratemaking concerns raised by the chairman of the US Federal Energy Regulatory Commission, generators are asking FERC to reconsider an order that could impact the price generators would get paid to delay the retirement from the ISO New England capacity market.

The New England Power Generators Association said a key problem is that generators had no warning that the rules would change before choosing whether to submit a …

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