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March 2, 2016
FERC has found part of the market mitigation measures for PJM's capacity market to be unjust and unreasonable since the tariff allows the cost-based energy offer cap to be used as the sole measure of short-run marginal cost in calculating capacity market offer caps.
March 1, 2016
FERC approved tariff changes filed by PJM to provide a mechanism for funding the organization Consumer Advocates of the PJM States, Inc. (CAPS).
February 23, 2016
ERCOT replied to a complaint filed at the Public Utility Commission of Texas by Raiden Commodities concerning pricing on two separate operating days (OD), with ERCOT saying Raiden's arguments are erroneous and based on a fallacy.
February 22, 2016
ERCOT received a Notification of Suspension of Operations for NRG Energy's Petra Nova Power I LLC, PNPI_GT2 unit.
February 18, 2016
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT.
February 15, 2016
FERC accepted a filing to allow PJM to sell excess capacity in the third incremental auction for the 2016/2017 Delivery Year, which retail suppliers and load had said is contrary to the tariff and would result in a flooding on the incremental auction, depressing prices received by load for such…
February 12, 2016
ISO New England's 2019/20 Forward Capacity Auction resulted in a clearing price of $7.03/kW-month for the Rest of Pool and Southeastern New England zones.
February 5, 2016
In a memo concerning the review of the Operating Reserve Demand Curve (ORDC), Staff of the Public Utility Commission of Texas have offered potential next steps the Commission could take in its review, as little stakeholder consensus developed at ERCOT
January 28, 2016
In separately filed complaints, the Electric Power Supply Association, Dynegy, Eastern Generation, LLC, several NRG Companies, and the Retail Energy Supply Association petitioned FERC to withdraw waivers previously granted to market-based rate subsidiaries of AEP and FirstEnergy concerning affiliate…
January 26, 2016
In a decision declaring a broad interpretation of FERC's authority, the U.S. Supreme Court overturned a lower court and ruled that FERC's Order 745, which requires full payment of LMP to demand response, is consistent with FERC's jurisdiction under the Federal Power Act.
January 22, 2016
FERC has issued a proposed rule to require that all of the FERC jurisdiction RTOs increase their offer caps above $1,000.
January 18, 2016
FERC approves changes to the market-to-market procedures contained in the Interregional Coordination Process, section 4, of the Joint Operating Agreement (JOA) between the Midcontinent ISO and PJM, which are meant to enhance the day-ahead market-to-market coordination procedures and their real-time…
January 18, 2016
The FERC jurisdictional RTOs filed a petition for extension of time to file reports on price formation recently ordered by FERC.
January 18, 2016
ERCOT said that a record-breaking summer, which included a new all-time peak demand record, contributed to an increase in electricity use in the Electric Reliability Council of Texas (ERCOT) region in 2015.
January 11, 2016
FERC granted the Midcontinent ISO a temporary waiver, to allow MISO to pay generators verifiable costs in excess of the $1,000/MWh offer cap, for the period January 1, 2016 through April 30, 2016
January 6, 2016
A proposal from PJM to sell back excess amounts of capacity previously procured outside of the current tariff, "is likely to significantly harm the load interests it is designed to protect," Direct Energy Business, LLC and a coalition of industrial customers said in joint comments to FERC.
January 4, 2016
FERC found that using a capacity supplier's opportunity costs of selling capacity in PJM is not a just and reasonable basis for setting the mitigation of capacity supply offers in the Midcontinent ISO capacity market, and ordered that such provisions be stricken from the MISO tariff
December 29, 2015
FERC said that it will hold a technical conference concerning tariff revisions filed by PJM to address revenue inadequacy issues relating to its allocation of Auction Revenue Rights (ARR) and Financial Transmission Rights (FTR).
December 29, 2015
FERC issued an order yesterday finding that the ISO New England participating transmission owners' current Regional Network Service (RNS) and Local Network Service (LNS) formula rates appear to be unjust, unreasonable, unduly discriminatory or preferential, or otherwise unlawful.
December 29, 2015
FERC yesterday issued an order finding that ISO New England Inc.’s (ISO-NE) forward capacity market tariff is unjust, unreasonable, unduly discriminatory or preferential, "because it applies vertical demand curves within constrained zones, which does not sufficiently address concerns such as price…
December 23, 2015
A federal appeals court said FERC engaged in "specious" reasoning in dismissing cost concerns from the 2013-14 ISO New England winter reliability program which imposed new, unhedgeable costs on retail suppliers, and whose costs ballooned past initial estimates.
December 18, 2015
FERC yesterday directed the California ISO to refund $307,500 in erroneous unavailability charges, plus interest, to Shell Energy North America (US), L.P., granting Shell a waiver of the deadline for billing disputes as contained in the tariff
December 14, 2015
FERC approved as-filed PJM's proposal to increase its energy market offer cap to $2,000/MWh with no changes to the current shortage pricing mechanism, which means that energy market prices may rise to $3,700/MWh.
December 10, 2015
Noble Americas Energy Solutions LLC has filed comments in support of a complaint from Industrial Energy Users-Ohio filed at FERC in which the industrials argued that the treatment of certain transmission charges, including Network Integration Transmission Service (NITS), as nonbypassable at AEP Ohio…
December 4, 2015
On December 3, 2015, Luminant Generation Company LLC provided ERCOT written notice that it has cancelled the planned suspension of Martin Lake Unit 1 (MLSES_UNIT 1).
