On September 30, 2020, the Commission convened a technical conference on state-determined carbon pricing in organized wholesale electricity markets operated by regional transmission organizations and independent system operators (RTO/ISO) (Carbon Pricing Technical Conference). As discussed further below, the record in this proceeding identified numerous potential benefits of incorporating a carbon price set by one or more states into RTO/ISO markets.[1] On October 15, 2020, the Commission issued a Proposed Policy Statement, and sought comments on whether the information and considerations discussed in the Proposed Policy Statement are appropriate for the Commission to take into account or whether the Start Printed Page 21715Commission should consider different or additional considerations.[2] After considering those comments, we issue this Policy Statement to explain how the Commission will approach filings submitted pursuant to Federal Power Act (FPA) section 205 [3] that propose RTO/ISO market rules that incorporate a state-determined carbon price.

Read more > https://www.federalregister.gov/documents/2021/04/23/2021-08218/carbon-pricing-in-organized-wholesale-electricity-markets