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Wholesale & Markets

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Luminant To Close Power Plant

Luminant, a subsidiary of Vistra Energy, today announced that it filed a notice of suspension of operations with PJM and other mandatory regulatory notifications related to the retirement of its 51-megawatt waste coal facility, Northeastern Power Company, in McAdoo, Pennsylvania, "due to its…

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Texas PUC Staff Says Commission May Wish To Examine Retail Mass Transition Issues, Collateral As Part Of Summer 2018 Review

Starts Review By Proposing Questions On Wholesale Price Formation

In a proposed process to begin a review of the Summer 2018 ERCOT Market Performance, Staff of the Public Utility Commission of Texas noted that the PUC may wish to address lessons learned and issues related to retail mass transitions and market participant collateral, in addition to other issues…

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PJM Seeks Delay For 2022/2023 RPM Base Residual Auction

PJM Interconnection, L.L.C. petitioned FERC for a one-time waiver of provisions of the PJM Open Access Transmission Tariff as necessary to enable PJM to delay its 2019 Base Residual Auction (BRA) for the 2022/2023 Delivery Year until August 14-28, 2019, to the extent FERC extends the comment process…

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ERCOT Seeks Revision To ORDC Methodology

ERCOT has submitted as a sponsor Other Binding Document Revision Request (OBDRR) 007 for revisions to the Operating Reserve Demand Curve (ORDC) methodology to include Photo-Voltaic Generation Resources (PVGRs)

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PJM Seeks To Implement New Minimum FTR Credit Requirement

PJM Interconnection, L.L.C. filed tariff revisions at FERC which it said are designed to, "limit potential credit exposure of PJM Members with Financial Transmission Rights ('FTR') portfolios, i.e. FTR Holders, that have little to no credit requirement relative to the megawatt-hour ('MWh') volume of…

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PUC Issues RFP For Long-Term Contracts For Capacity, Energy

The Maine PUC issued a request for proposals for long-term contracts for capacity resources and associated energy, initiating the process for the solicitation and review of long-term contract proposals pursuant to Title 35-A, section 3210-C and Chapter 316 of the Commission's rules.

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ERCOT To Seek Correction Of Prices For Operating Day

ERCOT stated in a July 20 market notice that, "An issue was discovered in ERCOT’s Energy and Market Management Systems (EMS and MMS) with respect to the definitions of two double-circuit contingencies, DCNLHS8 and DLHSCNR8," relating to operating days July 18 and 20, 2018

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Texas PUC Details Process To Consider Potential ERCOT Market Changes: Co-optimization, Marginal Losses

Chair Will Seek Info On Implementation Costs To Market Participants (System Change Costs) Chair Expects Legislature To Have "Broad Look" At Market During 2019 Session

During yesterday's Texas PUC open meeting, Commissioners discussed a process to further consider two potential changes to the ERCOT market -- Real-Time Co-optimization (RTC) of Energy and Ancillary Services (AS), and use of marginal losses.

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Wholesale & Markets News (Page 30) | EnergyChoiceMatters.com