December 2, 2015
ERCOT CDR Shows Reserve Margins Exceeding 16% Through 2025
ERCOT's latest Capacity, Demand and Reserves (CDR) report shows that reserve margins are expected to exceed 15 percent through 2025.
HomeNews By CategoryWholesale & Markets
Wholesale & Markets
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
November 25, 2015
ERCOT Receives Notification of Suspension of Operations
ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Calpine Corporation (RE) – CTL_GT_103 (Capitol Cogen)
November 23, 2015
FERC Rejects Retail Suppliers' Concerns Over MISO Capacity Market
FERC rejected several concerns raised by retail suppliers in accepting a compliance filing concerning the Midcontinent ISO's capacity market
November 20, 2015
FERC Orders Virtual Marketers To Payback, With Interest, Refunds Received Under FERC's Prior "Erroneous" Order
FERC, in an order on remand, ruled that virtual marketers should be required to repay refunds, with interest, that FERC had previously granted to the marketers but which FERC later rescinded, in order to put the parties back in the positions in which they would have found themselves if the…
November 20, 2015
FERC Denies States' Complaint To Cease Use of Outdated Forecast Model in PJM Capacity Market Which States' Say Costs $600 Million
FERC denied a complaint from a coalition of consumer representatives, including the New Jersey Board of Public Utilities and Delaware Public Service Commission, which had requested that FERC direct PJM to update its 2015 PJM Region Peak Load Forecast values, for purposes of the Capacity Performance…
November 20, 2015
Keep Pumping: FERC Requires Reports on 'Price Formation' in RTOs
The Federal Energy Regulatory Commission said in a news release yesterday that it, "took another step today to address price formation by directing regional grid operators to submit reports on price formation in their energy and ancillary services markets."
November 20, 2015
Texas PUC's Anderson Focused on Potential for Unhedgeable Uplift as ERCOT Studies Multi-Interval Real-Time Market
Texas Public Utility Commissioner Kenneth Anderson expressed concerns with potential uplift costs under a multi-interval real-time market (MIRTM) in ERCOT, particularly as LSEs such as retail providers cannot hedge such uplift.
November 3, 2015
ERCOT Anticipates Sufficient Generation For Winter And Spring
The Electric Reliability Council of Texas (ERCOT) expects the region will have sufficient electricity to meet expected peak demands this winter.
October 9, 2015
Report: Cost Impact Of PJM Capacity Performance Adjustments Estimated At $7.3 Billion
A new report, PJM’s "Capacity Performance" Tariff Changes: Estimated Impact on the Cost of Capacity, commissioned by the American Public Power Association (APPA) estimates the cost impact on consumers of PJM’s recent Capacity Performance (CP) package of changes to its Reliability Pricing Model (RPM)…
October 9, 2015
Texas PUC Approves 20% Increase in ERCOT System Admin Fee
The Public Utility Commission of Texas approved a nearly 20% increase in the ERCOT system administration fee
October 8, 2015
Texas PUC's Anderson Proposes Review of Operating Reserve Demand Curve Parameters
With 16 months of operation and citing recent experience, Texas Public Utility Commissioner Kenneth Anderson proposed in a memo in advance of today's open meeting that, "now is the time for the Commission to review the ORDC [Operating Reserve Demand Curve] in order to examine how it has functioned…
October 5, 2015
FERC To Hold Technical Conference On MISO Capacity Auction Mitigation Measures, Alternatives
FERC will hold a technical conference on October 20 concerning market power mitigation in the Midcontinent ISO capacity market, and related market design issues
October 2, 2015
PJM Set To Seek FERC Approval For Increase in Energy Market Price Cap
PJM is set to formally ask FERC to approve tariff changes that would increase the energy market offer cap, after the Members Committee approved a compromise proposal
October 1, 2015
Texas Seasonally Mothballed Generators Return To Operational Status
ERCOT has received a Notification of Change of Generation Resource Designation (NCGRD) for Luminant Generation Company LLC – MNSES_Unit1 and MNSES_Unit2 with an effective date of October 10, 2015:
September 25, 2015
Texas PUC To Set Workshop Process on Reliability Standard
The Public Utility Commission of Texas directed Staff to hold a series of Staff-led workshops concerning the ERCOT reliability standard.
September 18, 2015
FERC Seeks To Raise Wholesale Market Electric Energy Rates Via Shortage Pricing, Under Guise of "Reform"
FERC proposed two measures meant to raise electric rates in wholesale energy markets, under the pretext that the markets are not properly reflecting scarcity when warranted (Docket RM15-24)
September 14, 2015
FERC Adopts Winter Reliability Program For 2015-18 (Non-Market Costs To Retail Suppliers)
FERC has approved a winter reliability program for 2015-18 at ISO New England, adopting the alternative proposed by NEPOOL which was found to be less costly than the ISO's proposal.
September 10, 2015
Exelon Defers Decision On Two Nuclear Plants
Exelon Corporation announced that all of its nuclear plants in the PJM market cleared in the transition capacity auction for the 2017-18 planning year and that the company will defer any decisions about the future operations of its Quad Cities and Byron nuclear plants for one year.
September 10, 2015
Retail Suppliers Facing 25% Increase in Capacity Costs for 2017/18 From Transitional CP Auction
Retail suppliers are facing a 23% increase in capacity prices for the 2017/18 versus the prices established in the base residual auction as a result of the capacity performance transitional auction held this week
September 2, 2015
ERCOT Expects Sufficient Generation For Upcoming Fall And Winter
The Electric Reliability Council of Texas (ERCOT) expects to have sufficient generation available to serve forecasted peak demands in the upcoming fall and winter months, it said in releasing its final Seasonal Assessment of Resource Adequacy (SARA) for fall and the preliminary outlook for the…
September 1, 2015
Exelon: Illinois Nukes Cleared PJM 2016-17 Capacity Performance Transitional Auction
Exelon Corporation announced that all of its Illinois nuclear plants in PJM cleared in the transitional capacity auction for the 2016-17 planning year, which included a capacity performance product
September 1, 2015
Retail Suppliers Facing Near Doubling of Unhedgeable Capacity Costs For Next Year Under PJM Transitional Auction
While retail suppliers have more lead time to account for the higher capacity performance prices under the initial base residual auction featuring the new performance product for the 2018/19 delivery year (click here for recent results) , retail suppliers are facing a near doubling of capacity…
August 26, 2015
FERC Chair Says Decision To Deny Retail Suppliers' Complaint Over PJM Transitional Capacity Auction Clearing Mechanism, "Simply Permits Consumers To Be Charged More In Exchange For No Additional Benefit"
FERC has denied a complaint by retail suppliers to require PJM to clear the transitional incremental capacity performance auctions in a manner which minimizes costs, as FERC Chairman Norman Bay said in a dissent that FERC's denial of the complaint, "authorizes PJM to impose costs on consumers with…
August 24, 2015
Three Exelon Nuclear Plants Fail To Clear PJM Capacity Auction
Exelon Corporation today announced that the Oyster Creek, Quad Cities and Three Mile Island nuclear power plants did not clear in the PJM capacity auction for the 2018-19 planning year
August 24, 2015
PJM Capacity Prices Spike For 2018-19
Capacity prices in PJM soared in the 2018-19 Base Residual Auction, the first auction which included a capacity performance product