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May 28, 2014
Exelon said in an 8-K yesterday that three Exelon Generation Company, LLC nuclear units located in PJM -- Byron and Quad Cities in Illinois and Oyster Creek in New Jersey -- did not clear the 2017/18 PJM Base Residual Auction.
May 27, 2014
FirstEnergy Service Company filed a complaint at FERC requesting that the Commission issue an order requiring the removal of all portions of the PJM tariff allowing or requiring PJM to include demand response as suppliers to PJM's capacity markets, with a refund effective date of May 23, 2014
May 27, 2014
Rest of RTO capacity prices in PJM increased by 100% in PJM's 2017/18 Base Residual Auction.
May 27, 2014
An order initially being hailed by competitive generators concerning demand response should ultimately prove most beneficial to retail suppliers and consumers in reining in FERC's unchecked authority to issue regulations over anything allegedly "affecting" wholesale electric rates.
May 27, 2014
A petition by Raiden Commodities to eliminate the current Small-Fish-Swim-Free rule in the ERCOT market was opposed by a diverse group of stakeholders, and of the publicly available comments at publication time, Raiden's petition had no support from any commenting party.
May 19, 2014
Under a preliminary PJM Staff recommendation concerning "reforms" to the capacity market, PJM would allow generators to earn windfall energy market revenues without such revenues being used to offset the compensation required from the capacity market.
May 19, 2014
Luminant Energy, LLC has submitted to ERCOT Nodal Protocol Revision Request 626, Operating Reserves Demand Curve (ORDC) Price Reversal Mitigation Enhancements
May 15, 2014
A proposed Texas order would grant an appeal regarding ERCOT's manual overrides of Odessa-Ector Power Partners, L.P.'s High Dispatch Limit (HDL) on November 15, 16, and 20, 2012.
May 12, 2014
FERC has rejected as unjust and unreasonable a series of changes proposed by PJM which would have had the effect of increasing capacity prices.
May 6, 2014
Duke Energy filed a complaint at FERC seeking $9.8 million in unrecovered costs which is said resulted from following PJM directives for certain of its merchant units to be available, but which were not dispatched.
May 2, 2014
ERCOT's May Capacity, Demand and Reserves report has again shown an improvement in forecast reserve margins as certain delivery years draw near, and now forecasts adequate reserve margins for the next three years -- the very outcome expected under a well-functioning energy-only market.
May 2, 2014
PSEG reported yesterday in releasing earnings that its PSEG Power merchant generation business, "has discovered that it incorrectly calculated certain components of its cost-based bids for certain generating units in the PJM energy market, with resulting over-collection of revenues related to its…
April 28, 2014
Opposition from the Independent Power Producers of New York to the re-opening of the Danskammer Generating Facility, "demonstrate its [IPPNY's] unwillingness to allow new entrants or reentry into the competitive wholesale energy and capacity markets," Central Hudson Gas & Electric said in comments…
April 25, 2014
Two power traders have filed a lawsuit against GDF SUEZ Energy North America, Inc. in federal court alleging market manipulation, in what amounts to a collateral attack on Texas' energy-only market and small-fish-swim-free rule.
April 22, 2014
Raiden Commodities petitioned the Public Utility Commission of Texas for a rulemaking to eliminate the current Subst. R. §25.504(c), which currently provides that entities with less than 5% of ERCOT installed capacity do not have ERCOT-wide market power.
April 16, 2014
The Midcontinent ISO's annual planning resource auction for 2014-15 resulted in a capacity clearing price of $16.75 per MW-Day for Illinois (Zone 4).
April 15, 2014
George Jepsen, Attorney General for the State of Connecticut, petitioned FERC to investigate the results from the 2017-18 ISO New England Forward Capacity Auction, alleging that a generator, "may have exercised market power."
April 11, 2014
Staff of the Public Utility Commission of Texas filed a memo outlining their proposal to examine issues related to the reliability standard in the ERCOT region.
April 10, 2014
The Council of Smaller Enterprises (COSE), a Northeast-Ohio small business association, warned small businesses about, "alarming increases projected in electricity cost."
April 9, 2014
The Electric Reliability Council of Texas (ERCOT) Board of Directors voted to endorse the approximately $590 million Houston Import transmission project and deemed the new construction portion of the project critical for reliability.
April 9, 2014
Addressing the U.S. Chamber of Commerce, FirstEnergy Corp. CEO Anthony Alexander complained yesterday of "intrusive and disruptive" government interference in the electric markets.
April 4, 2014
The National Energy Marketers Association annual restructuring conference , to be held April 30-May 1, will include a focus on recent wholesale market issues and inefficiencies.
April 3, 2014
As expected, ESCOs serving Lower Hudson Valley customers in New York will see a substantial increase in capacity prices, based on pricing from the summer 2014 ICAP strip auction.
April 3, 2014
"New England is currently experiencing an energy crisis," Public Service of New Hampshire said in response to a PUC Staff report which examined the economic impact of divesting PSNH's generation plants
April 2, 2014
ISO New England has filed at FERC to implement a system-wide sloped demand curve in its capacity market for Forward Capacity Auction 9 to be held in February 2015, for the 2018-19 delivery year.
