March 22, 2019
FERC issued an order on a compliance filing from PJM in which PJM had submitted various revisions to its operating agreement to comply with a prior FERC order concerning the reporting of uplift to market participants
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March 12, 2019
During a California legislative hearing yesterday, California PUC President Michael Picker reiterated his concerns with the current hybrid market in the state, and the implications for resource adequacy
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March 5, 2019
The Electric Reliability Council of Texas (ERCOT) said today that it expects record electric use this summer and an increased chance of energy alerts.
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March 1, 2019
DeAnn Walker, Chair of the Public Utility Commission of Texas, said during yesterday's open meeting that while she wishes to afford stakeholders an ample opportunity to review real-time co-optimization (RTC) of energy and ancillary services in ERCOT, she was not comfortable with a protracted process…
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February 26, 2019
At the last ERCOT TAC meeting, stakeholders discussed ERCOT conducting a workshop so market participants can start developing a list of issues that need to be addressed for the proper integration of storage into the ERCOT system.
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February 26, 2019
TCPA: "Misleading" To Suggest Customers Will Be Exposed To High Real-Time Prices
In reply comments in a Texas PUC rulemaking concerning changes to the scarcity pricing rules, Texas Competitive Power Advocates (TCPA), in addressing stated concerns about high real-time prices, said that, "Customers should not be exposed to high real-time prices if their REPs are (as they should…
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February 22, 2019
Staff of the Texas PUC has filed a proposed list of questions for stakeholder comment concerning policy issues related to the implementation of Real-Time Co-Optimization in the ERCOT wholesale electricity market.
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February 21, 2019
PUC President "Cranky" With Retail Supplier Non-Compliance With RA Says PUC Can't Allow Retail Suppliers To "Skate", Says "We Need Hard Time For RA Crime" PUC Adopts LSE-Based Multi-Year Local Resource Adequacy Program
The California PUC today voted to adopt without modification a proposed decision setting forth requirements for the implementation of multi-year local resource adequacy (RA) procurement program to begin for the 2020 compliance year.
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February 14, 2019
The PJM Interconnection Board of Managers has approved filing the PJM reserve price formation proposal with FERC under Section 206 of the Federal Power Act.
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February 12, 2019
The New York Independent System Operator, Inc. on February 12 provided notice to the Federal Energy Regulatory Commission of the immediate termination of BBPC, LLC dba Great Eastern Energy (Great Eastern Energy) from the NYISO-Administered Markets in accordance with Section 2.7.5.3 of the NYISO’s…
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February 12, 2019
ERCOT will hold a Real-time Co-optimization Workshop on March 6th
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February 12, 2019
In comments on a Texas PUC rulemaking, Texas Competitive Power Advocates (TCPA) have proposed, as a "preferred" recommendation, eliminating the Low System-Wide Offer Cap (LCAP) in ERCOT
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February 8, 2019
During yesterday's open meeting, Texas PUC Chairman DeAnn Walker directed that a project be opened to consider the Emergency Response Service (ERS) program and accommodating load resources which may be available day-to-day, but which may not meet the current ERS requirements
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February 7, 2019
ISO New England's 13th Forward Capacity Market (FCM) primary auction (FCA #13), for the delivery year 2022-2023, closed at a preliminary clearing price of $3.80 per kilowatt-month (kW-month) across New England, compared to $4.63/kW-month in last year’s auction.
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February 4, 2019
Consolidated Edison Company of New York Inc. has filed at FERC for a limited one-time waiver of the New York Independent System Operator’s ('NYISO') Market Administration and Control Area Services Tariff ('Tariff') to allow ConEd and NYISO to correct the Load Serving Entity ('LSE') bus metering data…
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February 1, 2019
Says Order Adds Up To $300 Million In Default Allocation To Members
PJM in a January 31 market notice said that FERC's denial of a waiver related to the liquidation of certain Financial Transmission Rights will likely place a number of members in breach of their collateral requirements under PJM’s credit policy.
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January 31, 2019
FERC has denied a request from PJM for certain waivers relating to the liquidation of the GreenHat Energy, LLC Financial Transmission Rights (FTR) portfolio, with FERC denying waivers that would have resulted in the modification of the previously commenced July auction
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January 28, 2019
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT.
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January 17, 2019
Note: This story was first published on Jan. 17 with an alert to our email subscribers
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January 17, 2019
Note: This story was first published on Jan. 17 with an alert to our email subscribers
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December 31, 2018
On December 28, 2018, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for each of the following Generation Resources:
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December 24, 2018
ERCOT has received a Notification of Suspension of Operations (NSO) for the following Generation Resource: City of Garland – GIBCRK_GIB_CRG1 (Gibbons Creek Generating Station)
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December 21, 2018
Final Report Finds Economically Optimal Reserve Margin To Be 9.0% Final Report Finds Market Equilibrium Reserve Margin As 10.25%
The Electric Reliability Council of Texas, Inc. has posted a final version of the Estimation of the Market Equilibrium and Economically Optimal Reserve Margins for the ERCOT Region report
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December 14, 2018
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication that would revise certain provisions of the scarcity pricing rules in ERCOT
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December 7, 2018
Says Greater Transparency Needed Into Demand Response, Distributed Generation
Discussing the latest ERCOT CDR report at today's open meeting, Texas PUC Chairman DeAnn Walker said that, in light of significant, customer-centric changes in the electric market, ERCOT needs better transparency into the amount of demand response, distributed generation, and self-generation in the…
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