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August 24, 2015
A report from two Maine PUC hearing examiners would deny a CCN sought by Emera Maine for a transmission line to address reliability concerns in the former Maine Public Service area, within the Northern Maine Independent System Administrator, and would open a second phase of the proceeding to further…
August 21, 2015
Panda Power Funds announced that it will construct a 450 MW expansion of its 758 MW combined cycle natural gas power facility in Sherman, Texas.
August 12, 2015
Favoring a stakeholder-driven solution over a unilateral board-developed solution, Direct Energy Business has offered to lead discussions about raising the PJM energy market offer cap and presented its own proposal
August 7, 2015
"PJM indicated last week that it intends to clear [the capacity performance transitional incremental auctions] in a manner that does not minimize the cost of procuring capacity in each Delivery Year when satisfying the new Capacity Performance Resource procurement targets in these years," Direct…
July 30, 2015
ERCOT's Independent Market Monitor has released the 2014 state of the market report, which finds the overall performance of the ERCOT market to be competitive in 2014.
July 24, 2015
From a resource adequacy planning standpoint, Michigan is unlikely to experience outages due to a lack of supply in 2016/2017, the PSC has concluded, though the PSC remains wary about future prospects.
July 24, 2015
Given delays in the adjudication of sought PPAs between AEP's Ohio utilities and its merchant power plants, AEP executives said during an earnings call yesterday that the "main determinant" in AEP's strategic review of its merchant generation business (including its retail supplier) will be PJM…
July 23, 2015
PJM's correct interpretation of its capacity performance tariff that excludes demand response and other non-generation resources from upcoming capacity auctions during a transition period is nonetheless unjust and unreasonable, FERC ruled yesterday, as the Commission directed PJM to delay the…
July 21, 2015
NextEra Energy Resources, LLC filed comments at FERC in support of a petition from load interests to require PJM to use an updated load forecast methodology for upcoming capacity auctions, saying it is, "plainly unjust and unreasonable," to require load to pay $625 million in excessive capacity…
July 6, 2015
ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resources:
July 1, 2015
Attorneys General from Massachusetts and Rhode Island, along with PowerOptions, Freedom Energy Logistics, and several consumer advocates sent a letter to ISO-New England and New England electric transmission owners urging the companies to develop a transparent process that allows all stakeholders…
June 25, 2015
The California ISO, citing a lack of benefits, has asked FERC to allow the ISO to retain the current level of aggregation for load aggregation point (LAP) zones, and retail suppliers are supporting the ISO's request due to the "anti-competitive" impacts from any further disaggregation of LAPs.
June 19, 2015
Texas Public Utility Commissioners yesterday discussed next steps regarding their review of the reserve margin, with Chairman Donna Nelson stating that with ERCOT's "healthy" reserve margins, there is no "hurry" to resolve the issue.
June 11, 2015
FERC denied make-whole payments sought by various Duke Energy generators related to their operation during the polar vortex, but opened a section 206 proceeding regarding compensation to generators in such circumstances (Docket EL14-45)
June 10, 2015
In a dissent from a FERC order largely adopting PJM's capacity performance proposal without modification, FERC Chairman Norman Bay warned that the flawed market design adopted by his colleagues will allow generators to profit despite non-performance.
June 10, 2015
ERCOT's Board of Directors has approved a nearly 20% increase in the system administration fee, and will seek approval for the new fee from the Public Utility Commission of Texas.
June 10, 2015
FERC generally accepted as-filed PJM's capacity performance proposal, including most notably approving PJM's proposed transition mechanism without modification.
June 1, 2015
FERC accpeted a filing from ISO New England that identifies two potential new boundaries for Capacity Zones for ISO-NE’s tenth Forward Capacity Auction (FCA 10).
May 19, 2015
Staff of the New Hampshire PUC have invited stakeholders to offer, "written description of [their] preferred solution to address the high winter wholesale electricity prices that have plagued New Hampshire's and the region's electricity markets in recent winters."
May 5, 2015
ERCOT's latest Capacity, Demand and Reserves (CDR) report shows that reserve margins are expected to exceed 15 percent through 2021, and above the target 13.75% through 2022.
May 4, 2015
The Pennsylvania PUC has informed the electric distribution companies that its Office of Competitive Market Oversight is performing an informal review of the non-market based charges imposed on load serving entities (LSEs) by PJM.
May 1, 2015
To put a capper on why capacity markets are bad for customers, consider this:
April 27, 2015
FERC granted PJM a waiver to delay its base residual capacity auction for the 2018-19 delivery year.
April 20, 2015
The New Hampshire PUC has opened an investigation into potential approaches to ameliorate adverse wholesale electricity market conditions in the state (IR 15-124).
April 15, 2015
FERC rejected the as-filed version of an RMR contract for Exelon's Ginna nuclear reactor, but set the matter for hearing to determine whether the contract is appropriate when certain provisions are eliminated.
