January 2, 2020
$12.5 Million To Be Paid To Certain Participants; Funded Via Default Allocation Assessments On PJM Members
FERC approved a settlement among PJM and numerous parties to resolve all issues concerning liquidation of the GreenHat Energy, LLC's Financial Transmission Rights (FTRs) as a result of GreenHat's default, and the July 2018 FTR auction (July Auction)
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December 30, 2019
Tesla, Inc. has applied to be an Associate Member of PJM
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December 20, 2019
Glick: "We Should Be Taking A Hard Look At Whether A Mandatory Capacity Market Remains A Just And Reasonable Resource Adequacy Construct"
In a dissent, FERC Commissioner Richard Glick said that a generator's participation in the New Jersey Basic Generation Service (BGS) auctions could trigger such unit being subject to the expanded minimum offer price rule (MOPR) in PJM's capacity market
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December 19, 2019
FERC Says Fixed Resource Requirement Remains Unchanged Illinois Stakeholders Press For State To Assume Capacity Procurement Responsibility
FERC today issued an order directing PJM to expand its current Minimum Offer Price Rule (MOPR) in the capacity market
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December 5, 2019
2020 Reserve Margin Exceeds Economically Optimal Reserve Margin 2021 Reserve Margin Forecast Over 18%
The Electric Reliability Council of Texas (ERCOT) today released its December Capacity, Demand and Reserves (CDR) Report, which includes planning reserve margins for the next five years.
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November 27, 2019
Includes New Certification, Material Change Example, Reporting Requirements; NYISO Ability To Reject Applicants
The New York ISO has filed at FERC for changes in its credit policy and requirements
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November 26, 2019
The Electric Reliability Council of Texas, Inc. (ERCOT) has filed with the Texas PUC its report on the four monthly coincident peak (4CP) Loads in the ERCOT System for the months of June, July, August and September 2019 (2019 4CP Report)
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November 25, 2019
In ruling on an ISO New England compliance filing relating to electric storage participation in the wholesale market, FERC directed changes to ensure that electric storage resources will not pay both the wholesale and retail price for the same charging energy
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November 20, 2019
The Director of the Tax Policy Division of the Texas Comptroller has issued a letter to ERCOT concerning tangible personal property tax-related issues for Qualified Scheduling Entities (QSEs)
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November 11, 2019
Several Stakeholders Warn Against Long-Term Contracts
The joint New York utilities (Joint Utilities) have proposed at the New York PSC two capacity market redesign approaches that, "both address the NYPSC’s goals within the framework of the NYISO’s markets and may satisfy several key objectives and criteria for market design changes."
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November 8, 2019
Final Order Allows Retail Suppliers To Self-Provide (All or None), But Permits Use Of Utility Procurement Backstop Final Order Allows Some Imports To Qualify
The California PUC issued a final order concerning the obligation of LSEs, including competitive retail suppliers (electric service providers, or ESPs) to procure their assigned share of needed incremental reliability and renewable integration resources identified by the order
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November 7, 2019
The Electric Reliability Council of Texas (ERCOT) said today that it anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this winter and in spring 2020.
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October 18, 2019
Directs PJM To Address Price Paid By Storage For Charging Energy When Customer Is Charged At Retail For Power
FERC issued an order addressing a compliance filing by PJM to implement FERC's prior order which directed RTOs to remove barriers to the participation of electricity storage in the RTO markets, and which held that storage shall be paid the LMP for energy sold into the RTO market.
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October 17, 2019
Retail Supplier Had Said Change Would Disrupt Long-Term Retail Contracts
FERC has approved a filing by Virginia Electric and Power Co., d/b/a Dominion Energy Virginia (Dominion) to change the calculation of Network Service Peak Load (NSPL) for transmission customers within the Dominion Zone in PJM, with FERC approving Dominion's new twelve month coincident peak (12-CP)…
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October 15, 2019
PUC Chair: "May Be Moving To A Market That's Not To Incent Generation As Much As To Incent The Response On The Demand Side"
Market Expected To Attract Resources With Low Capital Costs, Potentially High Operating Costs (Or High Curtailment Costs)
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October 10, 2019
$12.5 Million To Be Paid To Certain Participants; Funded Via Default Allocation Assessments On PJM Members
PJM and numerous parties have filed a settlement to resolve all issues concerning liquidation of the GreenHat Energy, LLC's Financial Transmission Rights (FTRs) as a result of GreenHat's default, and the July 2018 FTR auction (July Auction)
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October 9, 2019
As previously reported (details here) , on October 3, 2019, ERCOT issued Market Notice M-A100319-01 informing Market Participants that Day-Ahead Market (DAM) prices were under investigation for Operating Days (ODs) September 16-23, 2019.
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October 8, 2019
ERCOT Provides Preliminary Estimates Of Load Reductions During Summer 2019 Peak Days IMM: Peaker Net Margin At Record Level Texas PUC Staff Details Increased Complaints Against REPs From Summer 2019
Staff: "Wholesale Pricing Plans" Saw Significant Increases In Complaints During August, September
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October 4, 2019
Clarifies Retail Suppliers Must Meet Local RA Requirement For Disaggregated PG&E 'Other' Area
The California PUC issued a final written order denying a petition from the Alliance for Retail Energy Markets for certain relief related to a prior decision to disaggregate the PG&E Other local resource adequacy area.
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October 2, 2019
PJM earlier today declared a Pre-Emergency Load Management Reduction Action in the AEP, Baltimore Gas & Electric (BGE), Dominion (DOM) and PEPCO service territories.
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September 27, 2019
PJM issued a market notice suspending Reliability Pricing Model Base Residual Auction activities and deadlines until further notice
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September 25, 2019
The results from the ISO New England capacity auction for the 2022/2023 Capacity Commitment (FCA 13) have taken effect by operation of law, after FERC did not render a decision on ISO-NE's results filing
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September 13, 2019
FERC Commissioner Richard Glick will recuse himself for a longer period of time from any cases to which Avangrid and its affiliates are a party, which includes pending changes to the PJM capacity market under Docket No. EL18-178 et al.
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September 10, 2019
A Texas PUC ALJ granted a motion from Commission Staff to extend the time to file comments on the merits of a complaint filed by Aspire Commodities, LLC ("Aspire") against ERCOT, in which Aspire has sought an order directing ERCOT to re-price the published settlement prices for interval 14:50 on May…
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September 9, 2019
The Electric Reliability Council of Texas (ERCOT) announced today that it, "anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this fall and winter."
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