May 6, 2020
ERCOT Receives Notification of Change of Generation Resource Designation
On May 5, 2020, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resources:
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April 27, 2020
ERCOT Reports That, Due To Cybersecurity Failure At Market Participant (MP), Attacker Was Able To Modify MP's Banking Details With ERCOT, Re-route Monies Owed To MP To Fraudulent Account
ERCOT issued a market notice stating, "On April 23, 2020, ERCOT was informed by a Market Participant (disclosing MP) that its registration information (i.e., contact information and bank account information) with ERCOT may have been compromised. ERCOT and the disclosing MP immediately began…
April 17, 2020
FERC Rules That State Default Service Auctions Are "State Subsidies" For Purposes Of PJM Capacity Market Minimum Offer Price Rule (MOPR)
FERC Also Says Voluntary REC Generators Must Ensure Purchasers Do Not Resell RECs For RPS Compliance, In Order To Receive MOPR Exemption
April 15, 2020
MISO Capacity Price For Ameren Illinois Zone Jumps 67%
Michigan DTE/Consumers Zone Capacity Price Spikes To Over $250/MW-day
The Midcontinent ISO has released pricing from its capacity auction for the 2020-21 delivery year
April 8, 2020
ERCOT Releases COVID-19 Load Impact Analysis, Will Update Weekly
ERCOT has begun providing weekly updates regarding load pattern changes due to COVID-19 in the ERCOT region.
March 25, 2020
ERCOT Defers Consideration Of Several Proposals To Improve Payment Processes, Will Move Forward With One Proposal
ERCOT, which recently held a market payment processes workshop to discuss several proposed changes to improve payment processes, issued a market notice stating that it will defer all improvement proposals, except one
March 24, 2020
NRG Energy Generating Units In ERCOT Returning From Mothballed Status Sooner
On March 23, 2020, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resources:
March 23, 2020
ISO Opposes Retail Supplier's Petition At FERC For Billing Adjustment
ISO New England filed an answer at FERC opposing a petition filed by Liberty Power Holdings LLC in which Liberty is seeking a billing adjustment related to a utility billing error, as the ISO said that, "Liberty had numerous occasions to detect the error and request that it be corrected pursuant to…
March 20, 2020
Retail Supplier Parents, Brokers, Pa. PUC Among Those Requesting That PJM Capacity Auction Schedule Be Resumed "As Quickly As Possible"
An ad hoc group of stakeholders identifying itself as the "the Competitive Markets Coalition", which includes several integrated generation and retail energy supply companies as well as a representative of brokers, urged FERC to act expeditiously on a PJM minimum offer price rule (MOPR) capacity…
March 19, 2020
FERC Denies Rehearing Of Prior Finding That MISO Zone 4 Capacity Rates From 2015/16 Auction Were Just And Reasonable
FERC has denied rehearing of its prior finding that the results from the Midcontinent ISO 2015/16 Planning Resource Auction for Local Resource Zone 4 were just and reasonable
March 18, 2020
Retail Suppliers Seek Halt To CAISO Resettlement
Shell Energy North America (US), L.P. and the Alliance for Retail Energy Markets filed a motion at FERC seeking an emergency order immediately instructing the California ISO to cease its plans to, as described by petitioners, "unilaterally" issue invoices and resettle the market to address a FERC…
March 16, 2020
Citing Retail Growth Strategy, Energy Harbor (f/k/a FirstEnergy Solutions) Rescinds Deactivation Notice For Nuclear Generating Plant In Pennsylvania
Energy Harbor Corp. (f/k/a FirstEnergy Solutions) has notified PJM Interconnection of its decision to rescind the March 28, 2018, Deactivation Notices for its competitive nuclear generating station in Shippingport, Pennsylvania.
March 13, 2020
PJM Proposes Schedule To Conduct 2022/2023 & Later Base Residual Capacity Auctions
During a stakeholder meeting yesterday, PJM proposed a schedule for the base residual capacity auctions (BRA) for 2022/2023, and later years, which have been delayed due to a FERC order
March 5, 2020
ERCOT Schedules Workshop To Discuss Shortening The Existing Settlements Timeline
ERCOT will be hosting a workshop to discuss opportunities for shortening the existing Settlements timeline.
March 5, 2020
ERCOT Expects Record Electricity Use This Summer, Releases Expectations For Load, Capacity
The Electric Reliability Council of Texas (ERCOT) expects record electric use this summer and grid conditions similar to summer 2019.
February 20, 2020
FERC Subjects Storage, Special Case Resources To Buyer-Side Mitigation In NYISO Capacity Market
Directs NYISO To Ensure That Exemptions For Renewables, Self-Supply Be "Narrowly Tailored"
FERC has approved a series of orders related to buyer-side market power mitigation in the New York ISO ICAP capacity market
February 13, 2020
FERC Denies Retail Suppliers' Requested Stay Of Interest Charges Under ISO Compliance Filing To Allocate Prior Must-Offer Generation Costs To Multiple LSEs
FERC denied a motion to stay interest charges under a compliance filing from the California ISO which would implement FERC's prior order on rehearing 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…
February 7, 2020
ERCOT: Up To Nearly 2,500 MW Of REP/NOIE Price Responsive Demand Seen During August 2019 Peak
146 MW of Peak Rebate/Direct Load Control
ERCOT filed with the Texas PUC a report on demand response during the summer of 2019
February 6, 2020
Capacity Clearing Price For 2023-24 Term In ISO New England Is Lowest In FCA History
ISO New England's 14th Forward Capacity Market (FCM) primary auction (FCA #14), for the delivery year 2023-2024, closed at a preliminary clearing price of $2.00 per kilowatt-month (kW-month) across New England, compared to $3.80/kW-month in last year’s auction.
February 5, 2020
Texas PUC Staff Updates Estimate Of ERCOT Capacity Used For Small Fish Swim Free Rule
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT.
January 22, 2020
ERCOT Receives Notification of Suspension Of Operations For Plant Previously Announced To Retire
ERCOT received a Notification of Suspension of Operations (NSO) from Public Service Company of Oklahoma for the following Generation Resource: Oklaunion (OKLA_OKLA_G1)
January 22, 2020
Texas PUC Staff Say ERCOT Protocols Do Not Require Re-Pricing Of May ERCOT Price Spike Caused By QSE Input Error
Staff (Staff) of the Public Utility Commission of Texas said that the ERCOT protocols do not require ERCOT to re-price the published settlement prices for interval 14:50 on May 30, 2019 as is being sought in a complaint filed by Aspire Commodities, LLC ("Aspire")
January 22, 2020
FERC Approves, Without Modification, Changes To Credit Requirement At New York ISO
FERC has approved without modification changes in its credit policy and requirements at the New York ISO
January 17, 2020
IBM To Join PJM As Associate Member
International Business Machines Corporation (IBM) has applied to be an Associate Member of PJM, according to a market notice issued by PJM concerning new members
January 9, 2020
PJM Won't Run Base Residual Capacity Auctions Until FERC Approves Price Floors, Could Delay BRAs Beyond 2020
Vistra Energy Reports Negative Impact On Retail Contract From Delay
At a Market Implementation Committee yesterday, PJM said that it will not conduct a Base Residual Auction for capacity until FERC rules on new price floors to be developed as a result of FERC's recent order expanding the minimum offer price rule (MOPR)