November 2, 2016
ERCOT Expects Sufficient Capacity For Upcoming Winter And Spring
ERCOT currently expects to have enough generation capacity available to serve the region’s electricity demands this winter and next spring.
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November 2, 2016
Alleging "Imminent Reliability Risk In Retail Choice Areas," MISO Files At FERC To Impose Three-Year Forward Capacity Obligation On Retail Suppliers
Alleging an, "Imminent Reliability Risk In Retail Choice Areas," the Midcontinent ISO filed at FERC for approval of its proposed capacity market changes that would impose a three-year forward capacity obligation on retail suppliers in Zone 4 (Illinois) and Zone 7 (Michigan Lower Peninsula).
November 1, 2016
Texas Generators: RMR Contracts Should Require ERCOT Board Approval
Reliability Must Run should require ERCOT Board approval, several NRG Energy subsidiaries said in comments to the Texas PUC concerning an RMR rulemaking
October 26, 2016
Court Says It Lacks Authority To Review Deadlocked FERC Which Allowed ISO-NE Capacity Auction Results Clouded By Market Power Allegations To Take Effect
Court Laments "Questionable" Decision By Then-FERC Chair To Disclaim Authority Over Auction Results
The U.S. Court of Appeals for the D.C. Circuit said in an order that it lacks authority to review deadlocked FERC decisions, in finding that it cannot review a deadlocked FERC which allowed the results of the 2014 ISO New England Forward Capacity Auction (FCA 8, for 2017/18 delivery year) to stand
October 21, 2016
RESA: Generators' Play To Terminate ISO-NE Peak Energy Rent Rebate Immediately Would Harm Retail Suppliers
A complaint filed at FERC by the New England Power Generators Association, Inc. seeking to terminate the Peak Energy Rent (PER) rebate, a key feature of the ISO-NE capacity market, effective September 30, 2016 would harm retail suppliers, the Retail Energy Supply Association said in comments at FERC…
October 20, 2016
PJM Increasing Admin. Fee Applicable To Retail Suppliers, Other Market Participants
On Oct. 18, 2016, the PJM Board of Managers approved the Members Committee-endorsed proposal for a new composite "stated rate" of 36 cents per megawatt-hour for two years (2017 and 2018), and then a 2.5 percent annual increase to 41 cents per MWh in 2024, to recover administrative costs
October 19, 2016
Auction Advisor Recommends Delay in PSNH Generation Auction Process
Auction advisor J.P. Morgan has recommended to the New Hampshire PUC that the PUC slightly delay the timeline for the auction process for Public Service Company of New Hampshire to divest it utility-owned generation.
October 19, 2016
CFTC Issues Final Order to Exempt RTO Transactions From Private Rights of Action
The U.S. Commodity Futures Trading Commission (CFTC) said that it approved a final order in response to a petition from Southwest Power Pool, Inc. (SPP) and has exempted certain specified transactions of SPP from the Commodity Exchange Act (CEA) and CFTC regulations, with the exception of the CFTC’s…
October 18, 2016
ERCOT: Greens Bayou 5 Not Needed For RMR Service Beyond July 31, 2017 Under Revised RMR Study Metrics
ERCOT issued a market notice stating that, under revised Reliability Must-Run (RMR) study metrics, NRG Texas Power LLC's Greens Bayou Unit 5 is not needed for RMR service beyond July 31, 2017
October 13, 2016
ERCOT Issues Final Determination Of RMR Status For Calpine Clear Lake Units
ERCOT issued a final determination of RMR status for Calpine's generation resources CTL_GT_102, CTL_GT_103, CTL_GT_104, CTL_ST_101, and CTL_ST_102 (Clear Lake units)
October 12, 2016
FERC Orders Refunds To Market Participants Who Had Been Required To Pay Deactivated Generator For Reactive Service, Won't Direct Refund Of Amounts Overpaid Prior To Generator's Emergence From Bankruptcy
FERC issued an order requiring refunds resulting from the prior payment to Midwest Generation, LLC for reactive service from generating units which had been deactivated and therefore did not provide such service despite being paid for such service
October 12, 2016
ERCOT Board Adopts Changes To RMR Study Process, Other RMR Provisions
The ERCOT Board of Directors yesterday approved several nodal protocol revision requests (NPRRs), including NPRR 788, relating to RMR Study Modifications
October 11, 2016
ERCOT Defers Final Determination On RMR Need for Calpine Clear Lake Units To Potentially Reflect New Study Process
ERCOT said in a market notice that it is deferring its final determination on the need for certain of Calpine's Clear Lake units until the ERCOT Board’s consideration of NPRR788, which would modify the studies used for ERCOT's evaluation of RMR determinations
October 11, 2016
Texas Strawman Would Add New Provisions Related To Evaluation of RMR Agreements
Staff of the Public Utility Commission of Texas filed a strawman proposal to, among other things, propose new provisions related to the evaluation of RMR service.
October 6, 2016
PSEG To Retire 1,200 MW of PJM Capacity In 2017
PSEG announced today that its coal-fired Hudson Generation Station in Jersey City, N.J., and its Mercer Generation Station in Hamilton Township, N.J., will be retired on June 1, 2017.
October 3, 2016
FERC To Convene a Technical Conference on Electric Storage Resource Compensation
The Federal Energy Regulatory Commission will convene a technical conference on November 9, 2016 concerning electric storage resource compensation and other issues
September 30, 2016
Utility DTE Energy To Build 1,000 MW Of New Generation
DTE Energy today announced, "it will build new energy generation as part of its commitment to ensure long-term reliability and produce cleaner energy for its customers."
September 23, 2016
Texas PUC Moves To Drop 1-in-10 LOLE Reliability Metric, Potentially Publish 4 Alternative Metrics
The Public Utility Commission of Texas yesterday moved forward to drop use of the target 1-in-10 Loss of Load Expectation (LOLE) reliability standard, and potentially replace the target with four new metrics
September 21, 2016
Update: MISO-Michigan Agreement On State Compensation Mechanism Would Preclude Retail Suppliers From Participating in MISO Capacity Auction
Retail Suppliers Would Be Required to Pay State Capacity Charge or Use Fixed Resource Adequacy Plan
The Michigan Governor's office has provided more details concerning an agreement between the state and Midcontinent ISO concerning the use of the state compensation mechanism to address resource adequacy in the state.
September 20, 2016
ERCOT Won't Award Contracts for Must-Run Alternative Resources To Replace Greens Bayou
ERCOT said that it will not award any contracts for Must-Run Alternative (MRA) Resources that had been sought to eliminate the need for the Greens Bayou Unit 5 RMR contract, as ERCOT said that the proposals contained in the MRA responses did not provide an acceptable solution to the reliability…
September 19, 2016
Martin Lake Unit Returns To Operational Status
On September 14, 2016, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource with an effective date of October 1, 2016: Luminant Generation Company LLC – MARTIN LAKE SES, MLSES_UNIT2
September 15, 2016
CFTC Chair Says He Will Withdraw Move To Allow Private Lawsuits Concerning ERCOT, RTO Market Outcomes
U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad has written in a letter to U.S. Senator John Boozman that Massad plans to recommend to his colleagues that the CFTC, "exempt RTOs and ISOs from all private rights of action under Section 22 of the Commodity Exchange Act ('CEA")…
September 13, 2016
NY PSC, NYISO Say ISO-NE Capacity Market Change Could Spike NY Capacity Prices By $340 Million
A change to the treatment of imports in ISO New England's capacity market could expose an "inefficiency" in the New York ISO capacity market that could raise capacity prices for load by $340 million, the New York ISO and New York PSC warned in separately filed comments at FERC.
September 12, 2016
Industrial Customers Say MISO Use of Wrong Zonal Import Limit Raised Capacity Prices By $50/MW-Day, Seek Refunds
Would "Preserve" Revenue Streams For Generators That Relied on Incorrect Clearing Price (Uplift?)
September 9, 2016
N.H. Starts Development Of Auction Process To Divest PSNH Assets
The New Hampshire PUC has released a procedural schedule for development of an auction to divest Public Service Company of New Hampshire's generation