Renewables

The U.S. House and Senate passed a $1.1 trillion spending bill that included tax credits for wind and solar power projects, and the President is expected to sign it into law.

In a Dec. 31 order, FERC said the process MISO uses to set capacity rates is no longer just and reasonable and must be altered before the next planning auction.  The decision could lead to future refunds for Ameren Illinois customers, who experienced a price hike about 40-times higher than customers in other MISO zones.