April 14, 2017
MISO Says Still Working With Illinois On "State-Based" Approach For Long-Term Resource Adequacy
Clearing prices in the Midcontinent ISO capacity auction for the 2017-18 delivery year were $1.50/MW-day for all zones.
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April 5, 2017
The New York ISO summer 2017 strip capacity auction produced higher prices for Zone J (New York City) as well as the G-J Locality versus the summer 2016 auction.
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March 24, 2017
Lubbock Power & Light is seeking from ERCOT generator-unit specific data, which is considered protected information, as part of a study concerning the proposed integration of Lubbock Power & Light into ERCOT
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March 24, 2017
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication concerning changes to the Reliability Must-Run (RMR) service rules
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March 10, 2017
Anderson Says Distributed Generation Needs To Be Integrated in ERCOT SCED, Says DG Should Receive LMP Anderson Suggests Study Finds Multi-Interval SCED Not Cost-Effective, Says Commission Should Turn Attention To Co-optimization in ERCOT
During an open meeting yesterday, Texas PUC Commissioners agreed that a final order revising the Emergency Response Service (ERS) rule should omit language that would allow ERS resources to be used to relieve local transmission congestion or emergencies, with Commissioner Kenneth Anderson stating…
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February 28, 2017
ERCOT announced in a market notice that it has terminated the Reliability Must-Run (RMR) agreement with NRG Energy's Greens Bayou Unit 5
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February 22, 2017
The New Hampshire PUC has set a new timeline for the auction of generation owned by Public Service Company of New Hampshire (Eversource).
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February 3, 2017
Use of State-Determined Capacity Payment For Michigan Retail Suppliers Implicated
FERC has rejected the Midcontinent ISO's proposal to create a three-year forward capacity auction specific to those areas of MISO with retail choice (often called the "competitive retail solution" or CRS)
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January 30, 2017
PJM's stakeholders have created the Capacity Construct/Public Policy Senior Task Force, which will report to the Markets and Reliability Committee
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January 20, 2017
FERC issued an order finding that PJM’s current application of its Financial Transmission Rights (FTR) forfeiture rule to virtual transactions is no longer just and reasonable.
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January 20, 2017
The Federal Energy Regulatory Commission (FERC) issued a policy statement providing additional guidance for electric storage resources that seek to concurrently recover their costs through cost-based and market-based rates.
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January 20, 2017
RESA Had Said Such Immediate PER Modification Would Harm Retail Suppliers, Negatively Impact Fixed Price Agreements
FERC granted in part a complaint filed by generators and found that ISO New England's Peak Energy Rent (PER) mechanism, which is a form of capacity market revenue clawback paid to load, is no longer just and reasonable. FERC ordered immediate changes to the PER strike price
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January 20, 2017
Costs To Be Allocated To Entities Which Deviate From Their Day-Ahead Market Schedules
The Federal Energy Regulatory Commission in a NOPR is proposing to revise its regulations to require that each regional transmission organization (RTO) and independent system operator (ISO) that currently allocates the costs of real-time uplift due to deviations shall allocate such real-time uplift…
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January 16, 2017
A group of commenters including several NRG retail providers, Texas Industrial Energy Consumers, Austin Energy, and CPS Energy said in comments to the Public Utility Commission of Texas that a calculation in the ERCOT 4CP report created a "false" peak interval on July 14, 2016
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January 9, 2017
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT for January 2017.
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January 6, 2017
PJM Report: 99.9% of PJM Resource Adequacy Risk Is In Summer Alliance: Basing LSEs' Capacity Costs On Summer Peaks Forces Customers To Subsidize Generators' Winter Outages
Citing new analyses prepared by PJM, the Advanced Energy Management Alliance said that the transition to a 100% capacity performance procurement as scheduled in the May 2017 PJM Base Residual Auction is not just and reasonable, as the Alliance filed a complaint at FERC requesting that FERC order…
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December 29, 2016
FERC has set for hearing proposed changes to capacity obligations in the Northern Maine Independent System Administrator, Inc., stating that the sought changes have not been shown to be just and reasonable
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December 21, 2016
The Michigan Public Service Commission opened a proceeding to seek additional information on Consumers Energy's announcement that it intends to terminate early its power purchase agreement (PPA) with Entergy Nuclear Palisades, LLC (ENP) for the purchase of electricity from the Palisades Nuclear…
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December 19, 2016
As a result of the "economic fiasco" related to the Greens Bayou RMR agreement, "I've become convinced that we need to go ahead and bite the bullet, and at the very least I think we need to co-optimize the real-time market," Texas PUC Commissioner Kenneth Anderson said at Friday's meeting, echoing…
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December 16, 2016
ERCOT's latest Capacity, Demand and Reserves (CDR) report indicates sufficient reserve margins through 2021 despite an increase in the load forecasts
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November 30, 2016
FERC has approved a temporary waiver sought by the Midcontinent ISO to allow resources with incremental energy costs above the current $1,000/MWh offer cap to include those costs in the No Load component of their supply offers during the December 1, 2016, through April 30, 2017 period
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November 18, 2016
Uplift Allowed For Costs in Excess of $2,000/MWh FERC Acknowledges Difficulties in Verifying Costs Above $1,000, Subjects Load To Them Anyway
FERC has adopted a hard cap of $2,000/MWh for the energy markets in all the FERC-jurisdictional RTOs, with offers up to $2,000/MWh permitted to set LMP, and offers in excess of $2,000/MWh also permitted but with offers in excess of $2,000/MWh not setting LMP and addressed instead through make-whole…
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November 9, 2016
Staff of the Public Utility Commission of Texas have scheduled for December 14 a workshop on the rulemaking concerning Reliability Must-Run service in Project 46369
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November 9, 2016
Asked about the "ideal" outcome for FirstEnergy Solutions' generating assets, which the company announced last week are under a strategic review which could include asset sales, FirstEnergy Corp. CEO Chuck Jones told analysts at an EEI conference that, "The ideal outcome would be that Pennsylvania…
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November 7, 2016
Cites PJM's Embrace of More Costly "Annual" Resources Which Had Forced Outages During Polar Vortex
John Schultz, President of Direct Energy Business, LLC, wrote in a letter to the PJM Board of Managers that PJM's decision to adopt an "aggregation" proposal to address concerns about demand response's ability to participate in the 2020-21 capacity auction (which will only procure capacity…
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