Americans keep hearing bold claims about wind and solar power. Advocates say wind and solar are growing more affordable, and are cheaper than natural gas or coal. But much of that advantage actually comes from significant taxpayer support. And without such hefty subsidies, a different picture emerges.
The Federal Energy Regulatory Commission (FERC) – which regulates the sale of electricity in the U.S. – recently decided to address the way that wind and solar are impacting America’s power sector. It expanded something called the Minimum Offer Price Rule (MOPR). And it did so in the largest electricity market in the nation – PJM Interconnection, which serves 65 million customers in 13 states, including Indiana.