June 2, 2025
AES, GenOn win waivers from FERC for re-start of shuttered fossil assets in PJM
The decisions enable two mothballed power plants totaling over 300-MW of capacity to potentially return to service in PJM, addressing capacity needs.
Details:
Filing Date: May 30, 2025
Short Summary:
FERC granted waivers to subsidiaries of GenOn Holdings Inc. and AES Corp. for the retention of capacity interconnection rights (CIRs) for their respective mothballed power generators in Maryland, according to two separate orders filed May 30. The decisions pave the way for the two plants to return to service, and it provides further evidence of the comprehensive efforts by power producers and regulators to seize on the capacity shortfall facing the market.
Impact Level:
Categories:
Tags: Capacity Interconnection Rights, Capacity Market, Coal-Fired Generators, Grid Reliability, Mothballed Generators, Oil-Fired Generators, Reliability Must Run Units, Resource Adequacy
Entities: GenOn Holdings Inc., The AES Corp.
Markets: PJM Interconnection (PJM)
Regions: Mid-Atlantic & Midwest
States: Maryland
Regulators: FERC
Courts:
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