News - Jennifer Chen
Jennifer Chen spoke to Law360 about potential legal challenges to a Federal Energy Regulatory Commission order stating that state-subsidized power producers must hit a price floor to participate in electricity capacity auctions run by PJM Interconnection.
The Federal Energy Regulatory Commission issued an order yesterday directing the PJM Interconnection to impose a minimum price on resource offers into its capacity auction for resources that receive state policy support. Jennifer Chen analyzes the issue and its potential impacts on energy consumers and clean energy production.
In a commentary for the International Energy Agency, Jennifer Chen and IEA's Szilvia Doczi explain the need for comprehensive review of electricity market rules worldwide to enable newer resources, such as energy storage, wind, and solar, to compete with existing power plants.
Tensions over melding the existing power market system in New York with Gov. Cuomo's ambitious renewable energy goals are poised to break into the open. Senior counsel Jennifer Chen told POLITICO that carbon pricing can help ensure that energy markets reflect the real costs of generating power, but it cannot replace targeted state policies for local or flexible resources like solar or energy storage.
Nicholas Institute Senior Counsel Jennifer Chen was recently invited to speak before the U.S. House Select Committee on the Climate Crisis. Her remarks focused on how regional energy markets could help cut greenhouse gas emissions while providing consumer savings and economic opportunities to all states—regardless of individual state climate ambitions.
PJM is seeking to procure more reserves at higher prices by augmenting its operating reserve demand curve. Because the reserve and energy markets interact, energy prices will increase too, writes Nicholas Institute Senior Counsel Jennifer Chen for RTO Insider.
Stakeholders in PJM may decide on Thursday to initiate a process to study and potentially price CO2 emissions in its energy market. Such a process would provide a forum for much needed detailed discussion and analysis on what could be a critical link between CO2 emissions policies and efficient markets, writes Jennifer Chen, senior counsel at Duke's Nicholas Institute for Environmental Policy Solutions, in Greentech Media.
The Gulf Coast Power Association’s annual Spring Conference on April 16-17 began the day after the U.S. Supreme Court declined to hear challenges to Illinois’ and New York’s zero-emission credit programs. The court’s decision was a stark reminder that individual states are driving changes to the country’s electric generation mix, often to the frustration of the grid operators charged with operating competitive, economically efficient markets, reports RTO Insider.
The White House, federal agencies and some regional grid operators are seeking to boost electric grid reliability and resilience. In Utility Dive, Duke's Nicholas Institute for Environmental Policy Solutions' Kate Konschnik and Jennie Chen write that improving grid flexibility could achieve the aims of fuel security more cost effectively while modernizing and decarbonizing the grid.