Report
May 19, 2020
Qualitative Analysis of Resource Adequacy Structures of New York
In recent years, there has been concern regarding a growing disconnect between wholesale markets and states’ clean energy and environmental goals. In many cases, this concern has stimulated a constructive dialogue on how reliability needs can be better expressed through wholesale markets with a changing fleet, how markets can help states to achieve their clean energy goals at the least cost, and how state programs can be aligned with the merchant investment model.
Compatibility concerns have been elevated by recent efforts of the Federal Energy Regulatory Commission (FERC) to impose Buyer Side Mitigation (BSM) or Minimum Offer Price Rule (MOPR) provisions on state-sponsored clean energy resources.
