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Energy Business
Kinsey Grant Baker
Kinsey Grant Baker
Energy Central Team
 · Posted in Energy Business

NEWS: PJM market monitor urges FERC to set conditions on $12B NRG, LS Power deal

A $12B deal between NRG and LS Power could give NRG too much control over PJM markets, according to the grid’s independent market monitor. (Utility Dive)

  • The concern? NRG could start playing both sides—owning power plants and holding back demand response to jack up capacity prices.

  • The monitor urged FERC to add guardrails: 1) Require NRG to bid all emergency and pre-emergency demand response into the market and 2) block it from pulling plants into behind-the-meter uses unless FERC sets clear colocation policy.

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