April 15, 2015
Boom: Huge Increase in Capacity Costs Set For Retail Suppliers At Ameren
The Midcontinent ISO capacity auction for the 2015-16 compliance year resulted in a Zone 4 (Illinois, including Ameren) clearing price of $150.00/MW-day.
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April 14, 2015
Luminant, Texas Staff File Voluntary Mitigation Plan
Luminant Energy Company LLC and Staff of the Public Utility Commission of Texas have filed for approval of a voluntary mitigation plan (VMP).
April 13, 2015
Texas PUC Staff Preamble: Granting Regulated Cost Recovery of Generators' SSO Risk Compliance Cost Inconsistent with Competitive Market
Staff of the Public Utility Commission of Texas have filed a draft proposal for adoption addressing Subsynchronous Oscillation (SSO) risk in ERCOT.
April 8, 2015
PJM Seeks Delay in Upcoming Base Residual Auction For Capacity
Citing uncertainty at FERC, PJM has requested authorization to delay its upcoming Base Residual Auction for capacity, otherwise scheduled for May, to no later than the week of August 10-14, 2015.
April 6, 2015
Higher New York Capacity Prices Persist For Summer 2015
The New York ISO summer 2015 strip capacity auction produced only marginally lower prices versus the spikes seen in last year's auction.
April 3, 2015
Texas Generator to Return Mothballed Plant to Service
ERCOT reported in a market notice that ERCOT has received a Notification of Change of Generation Resource Designation for the unit NRG Texas Power LLC GBY_GBYGT82
April 2, 2015
FERC Rejects PJM "Stop Gap" Demand Response Proposal
FERC has rejected as "premature" PJM's "stop gap" demand response proposal intended to address demand response in the capacity market should the Supreme Court ultimately determine the decision in EPSA that FERC lacks jurisdiction to set compensation for demand response
April 1, 2015
FERC Staff Calls PJM Capacity Performance Proposal Deficient, Directs Further Filings
FERC Staff called PJM's filing of its capacity performance proposal "deficient" and directed PJM to respond to a series of questions.
March 31, 2015
PJM Files Changes for Submission of Meter Data To Reflect Retail Choice Environment, Reduce Adjustments
PJM has filed with FERC revisions to the process of submitting meter data to reflect the increased breadth of retail choice, and to reduce attendant adjustments.
March 25, 2015
Market Monitor Report Filed on 2014 Lower Rio Grande Valley Load Shed
Staff of the Public Utility Commission of Texas have filed reports from the Independent Market Monitor and Texas Reliability Entity concerning load shed which occurred in the Lower Rio Grande Valley on October 8, 2014.
March 19, 2015
Utility Proposes Mandatory Transfer of Demand Response Obligation, Payments Among Retail Suppliers, DR Providers In Light of PJM Stop-Gap Proposal
Baltimore Gas & Electric has asked the Maryland PSC to address various issues related to PJM's stop-gap proposal related to reflecting the impact of demand response in the capacity market if courts uphold that demand response cannot be compensated through the capacity market due to a lack of FERC…
March 18, 2015
Texas Staff Updates Estimate of ERCOT Capacity Used for Small Fish Swim Free Rule
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT for March 2015.
March 10, 2015
Other Foot: Retail Supplier Says Filed Rate Doctrine Prevents PJM's Proposed Capacity Performance "Transition" Mechanism
PJM relied on the filed rate doctrine in opposing Champion Energy's request for a refund of what Champion said were unjust and unreasonable uplift charges during the polar vortex, but now it is retail suppliers who say PJM is ignoring the filed rate doctrine in seeking to impose a capacity…
March 9, 2015
Retail Supplier: PJM Uplift Mechanism "Grossly Imperfect"; PJM Cites Filed Rate Doctrine in Opposing Refunds
PJM has opposed a refund of uplift charges related to January 2014 sought by Champion Energy Marketing, citing the filed rate doctrine, while Verde Energy USA, Inc. called PJM's current application of uplift, "unjust and unreasonable, and is contrary to the Commission's cost causation principles."
March 3, 2015
ERCOT Forecasts Sufficient Generation Available For Spring, Summer
Seasonal forecasts released by the Electric Reliability Council of Texas (ERCOT) indicate the region will have sufficient electric generation available to serve expected peak demand requirements in the upcoming spring and summer.
February 23, 2015
FERC Allows PJM to Retain Capacity Otherwise Due To Be Released, But Rejects (Without Prejudice) Additional Non-RPM Capacity Procurements
FERC approved PJM's request to retain 2,000 MW of capacity that would otherwise be released under the RPM incremental project, but denied a separate request from PJM for authorization to enter into contracts for capacity for reliability purposes outside of the centralized capacity market.
February 19, 2015
Retail Supplier Files Complaint Against PJM Over Uplift Charges, Seeks Refund
Champion Energy Marketing LLC has filed a complaint at FERC against PJM regarding PJM's allocation of balancing operating reserves for January 2014.
February 17, 2015
DTE Exec: Nobody Planning Capacity to Serve Retail Choice Customers
During an earnings call last week, DTE Energy CEO Gerard Anderson said that "nobody" is planning capacity required to fill projected shortfalls which Anderson said aligns with the amount of retail access load.
February 10, 2015
FERC Approves RTO's Request To Compensate Generators In Excess of $1,000/MWh Offer Cap, Recovery Via Uplift
FERC approved the Midwest ISO's request to allow the ISO to compensate generators in excess of the current $1,000/MWh offer cap.
February 6, 2015
Texas Staff File Revised Reserve Margin Questions for Consideration
Staff of the Public Utility Commission of Texas have filed a revised set of questions regarding the Commission's review of the ERCOT reserve margin which Staff recommends be issued for public comment.
February 6, 2015
Court Throws Out Petulant Lawsuit Against GDF Suez's PUCT-Sanctioned ERCOT Behavior
A federal court has dismissed with prejudice a lawsuit filed by two power traders against GDF Suez Energy North America, Inc., finding that GDF Suez's behavior is exempted from the Commodities Exchange Act
February 5, 2015
ISO New England Capacity Auction Results in Shortfall for New Zone, Record $4 Billion Price Tag
ISO New England's forward capacity auction for the 2018/19 delivery year resulted in a shortfall of resources for the new Southeast Massachusetts/Rhode Island (SEMA/RI) zone.
February 4, 2015
Michigan PSC Cites "Concern" Over Assuring Resource Adequacy in Customer Choice Environment
In its annual report on retail open access electricity service (click here for related story today) , the PSC expressed "concern" over assuring resource adequacy in a retail choice environment.
February 4, 2015
Texas PUC "May Consider" Whether Entergy MISO Membership Continues to Be in Public Interest Under Changed Circumstances
FERC-driven changes in Midcontinent ISO practices may require the Public Utility Commission of Texas to consider whether changed circumstances exist such that Entergy Texas' participation in MISO is no longer in the public interest, the PUCT said in a filing at FERC.
February 2, 2015
FERC Dismisses Generators' Petition to Eliminate Clawback in Capacity Market
FERC has dismissed a complaint from the New England Power Generators Association that had asked FERC to eliminate the Peak Energy Rent (PER) Adjustment in the ISO New England market, and to adjust the mechanism for capacity periods for which auctions have already been run.