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Powelson Sees ‘Erosion of Confidence’ in Stakeholder Process ($)

Robert Powelson of the Federal Energy Regulatory Commission (FERC) on Wednesday reiterated his defense of organized markets but said he sees an “erosion of confidence” in RTO stakeholder processes, reports RTO Insider. Powelson, who made the observation in a speech at a PJM issues workshop sponsored by the Great Plains Institute and Duke University’s Nicholas Institute for Environmental Policy Solutions. He cited concerns over escalating transmission rates and PJM’s February “jump ball” filing of two competing proposals for insulating its capacity market from state-subsidized generation.