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Carbon Pricing in Wholesale Electricity Markets—Options for Fossil‐Fuel Generators
Author(s) -
Russo Thomas N.,
Gross Jack
Publication year - 2020
Publication title -
climate and energy
Language(s) - English
Resource type - Journals
eISSN - 2692-3823
pISSN - 2692-3831
DOI - 10.1002/gas.22202
Subject(s) - electricity , jurisdiction , commission , statement (logic) , business , fossil fuel , commerce , finance , engineering , waste management , electrical engineering , political science , law
On October 15, 2020, the Federal Energy Regulatory Commission (FERC) announced in a proposed policy statement that it had jurisdiction over carbon pricing mechanisms within the wholesale electricity markets. In that same policy statement, FERC also confirmed it had the authority to approve such rules if brought forward by regional transmission organizations (RTOs) and independent system operators (ISOs).