TNERC Amends Regulations for Renewable Energy Purchase Costs
TNERC amended its Renewable Energy Purchase Obligation (RPO) regulations for 2024, defining the “Pooled Cost of Power Purchase.” A key change caps payments to Renewable Energy Generators at 75% of the preferential tariff when the Average Pooled Cost exceeds this rate. This aims to balance costs and promote fair pricing while supporting Renewable Energy growth amid legal precedents.
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