October 16, 2020
FERC Baffled As To Why States Allow Suppliers To Meet POLR Obligations Without Specifying What Resources Will Be Used (Yes, Really)
Contrary To Spin, FERC Hasn't Found Any Current SOS Auctions To Be Exempt From MOPR; Glick Suggests Any Full Requirements SOS Auction With RPS Obligation May Trigger MOPR
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October 15, 2020
While Clock May Start On Date For Resumption Of PJM Capacity Auction, Some Pre-auction Activities Still Can't Proceed
FERC adopted an order on rehearing and compliance regarding a PJM plan to implement a revised minimum offer price rule (MOPR) in the capacity market
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October 15, 2020
Connecticut Governor Ned Lamont, Maine Governor Janet Mills, Massachusetts Governor Charlie Baker, Rhode Island Governor Gina Raimondo, and Vermont Governor Phil Scott are calling for reform of the regional electricity market design, transmission planning process, and the governance of the ISO-New…
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October 2, 2020
ERCOT received a Notification of Suspension of Operations (NSO) for the following Resources: South Texas Electric Cooperative Inc. - RAYBURN_RAYBURG1 and RAYBURN_RAYBURG2
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September 22, 2020
ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Petra Nova Power I LLC - PNPI_GT2
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September 15, 2020
Broad Reach Power announced today that it has begun construction on two, 100 megawatt (MW) greenfield battery storage projects in ERCOT
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September 3, 2020
The Electric Reliability Council of Texas (ERCOT) anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this fall and winter.
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July 10, 2020
ERCOT said in a July 9 market notice that it, "has identified an error in the [Credit Monitoring and Management] CMM system that occurred beginning January 1, 2020."
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July 7, 2020
PJM formally filed tariff revisions at FERC to allow the use or surety bonds, which conform to proposed PJM requirements, as collateral, except for the Financial Transmission Rights (FTR) market
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June 16, 2020
ERCOT has issued a reliability analysis determination for the generating unit City of Austin d/b/a Austin Energy - DECKER_DPG1, which had submitted a Notification of Suspension of Operations
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June 12, 2020
The California Public Utilities Commission (CPUC) adopted a framework that designates a central buyer to procure local, multi-year resource adequacy in the Pacific Gas and Electric Company (PG&E) and Southern California Edison (SCE) distribution service areas.
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June 8, 2020
FERC has issued an agenda for a July 8-9 technical conference concerning impacts that the emergency conditions caused by COVID-19 are having on various segments of the United States’ energy industry, with specifics concerning FERC's focus on access to capital now available
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June 5, 2020
ERCOT stated in a market notice that it has identified a software error in its Credit Monitoring and Management (CMM) system that impacted the Total Potential Exposure (TPE) calculation for market participants, with the error occurring with the implementation of Nodal Protocol Revision Request (NPRR…
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June 2, 2020
ERCOT received a Notification of Suspension of Operations (NSO) for the following Resource: City of Austin d/b/a Austin Energy - DECKER_DPG1
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May 22, 2020
Addresses Effective Date For Market Changes
FERC has adopted changes to PJM's reserves market proposed by PJM that could see reserves prices reach $10,000 per MWh.
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May 21, 2020
Exelon, PSEG Propose FRR, Allocation Of Capacity Costs To Retail Suppliers Clean Energy Group Urge Consideration Of Long-Term Contracts For BGS
Various retail suppliers filed comments with the New Jersey BPU opposing, or otherwise expressing concerns with, a Fixed Resource Requirement (FRR), while PSEG and Exelon Generation Company, LLC proposed an "Integrated FRR Procurement" to address resource adequacy and clean energy goals in light of…
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May 20, 2020
Report Says Existing ICAP Buyer-Side Mitigation Rules To Cost Nearly $1 Billion Per Year, Double Under Expansion
Reports from The Brattle Group addressing quantitative and qualitative analyses of resource adequacy, structures prepared for the New York Department of Public Service and NYSERDA, include a novel Co‐optimized Capacity & Clean Energy Procurement mechanism for LSEs such as ESCOs to meet various…
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May 20, 2020
At the request of stakeholders, ERCOT has developed a Long-Term Load Forecast for the COVID-19 Scenario (click here) page on the ERCOT website.
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May 19, 2020
ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Nacogdoches Power LLC – NACPW_UNIT1
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May 18, 2020
Staff of the New York Department of Public Service (DPS Staff) will convene a Technical Conference on May 29, 2020 to review the results of analyses prepared by The Brattle Group to evaluate, from an economic and policy perspective, the merits of existing and potential resource adequacy structures
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May 13, 2020
2021 Reserve Margin Forecast Above 17%
ERCOT today released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June – September), a preliminary assessment for fall and an updated Capacity, Demand and Reserves (CDR) Report.
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May 12, 2020
ERCOT said in a market notice that it has identified a software error with the implementation of Other Binding Document Revision Request (OBDRR) 002, ORDC OBD Revisions for PUCT Project 47199, that impacted the level of the Real-Time On-Line Reserve Price Adder (RTORPA)
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May 12, 2020
A report prepared for the Environmental Defense Fund concerning resource adequacy and demand-side resources in the ERCOT market says that the Texas PUC, "should maintain or strengthen requirements that all major power purchasers – REPs and Qualified Scheduling Entities – are credit-worthy…
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May 11, 2020
Cites Experience In New York ISO Where New ESCO Allegedly Affiliated With Defaulting Supplier Sought To Register At NYISO; Also Cites Greehat
ERCOT is proposing changes to the qualifications and requirements, including financial and credit standards, for Qualified Scheduling Entities (QSEs) and/or Congestion Revenue Right (CRR) Account Holders (CRRAHs) -- i.e., ERCOT Counter-Parties (CPs) -- seeking to enter the ERCOT market as well as…
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May 11, 2020
FERC has denied rehearing requests from retail electric suppliers concerning FERC's August 2019 order that revised the allocation of must-offer generation commitment costs in the California ISO, and in doing so, allocated the costs to a broader group of LSEs (which includes retail suppliers), rather…
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