WASHINGTON D.C. - Following is a statement from Katherine Gensler, vice president of regulatory affairs for the Solar Energy Industries Association on PJM Interconnection’s compliance filing to the Federal Energy Regulatory Commission (FERC) on how it plans to implement FERC’s order on capacity market pricing, known as the Minimum Offer Price Rule (MOPR):

“Though SEIA objects to the underlying policies presented in the current MOPR construct, PJM took a positive step in proposing how to comply with FERC’s December order. PJM’s submission will allow renewable generators to properly identify a project-specific bid price for bidding into the capacity market auctions. This process provides renewable generators a better opportunity to compete on a level playing field with other capacity providers and to help meet states’ clean energy goals.

“We request that FERC act swiftly to restore PJM’s annual capacity auctions in a timely manner. Our member companies are ready to see market certainty return to PJM and to put this multi-year debacle to a close.”