News - Jennifer Chen
A post for the Clean Energy Blog from the Southern Alliance for Clean Energy breaks down what is known so far about discussions among Southeastern utilities to develop a regional energy exchange. The post cites analysis by Jennifer Chen showing that market competition in the Southeast would bring about benefits to customers.
A new policy brief from the Nicholas Institute says a large Southeast power market would be the best hope for creating greater competition, lowering prices and encouraging cleaner energy production as the Carolinas look for alternative regulatory structures for their power utilities, reports the Charlotte Business Journal.
Duke University's Nicholas Institute for Environmental Policy Solutions and New York University's Institute for Policy Integrity co-hosted a conference on March 3 that focused on different approaches for carbon pricing in wholesale energy markets.
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.