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November 26, 2012
PJM has filed a settlement at FERC to revise the Cost of New Entry (CONE) in the capacity market, with the revisions higher than an earlier PJM proposal from December 2011, and also generally higher than current values.
November 19, 2012
Commissioners of the Public Utility Commission of Texas on Friday agreed to direct Staff to open a project addressing demand response in ERCOT.
November 15, 2012
Adopting an operating reserve demand curve in ERCOT would improve reliability, support adequate scarcity pricing, and would be fully compatible with other market-oriented policies, the existing Texas "energy only" market design, and the proposed options for long-term resource adequacy, a new paper…
November 14, 2012
Texas Public Utility Commissioner Rolando Pablos has suggested that the Commission explore expanding operating reserves as a "good interim solution" as the Commission considers long-term resource adequacy.
November 14, 2012
ERCOT is not projected to dip below the 13.75% target reserve margin until 2018 (and then only by 0.5% in 2018), according to an analysis by Texas Public Utility Commissioner Kenneth Anderson.
November 12, 2012
PJM Interconnection, L.L.C. has submitted to FERC a filing reflecting the permanent termination of City Power Marketing, L.L.C. as a PJM Member in accordance with Sections 15.1.6(c) and 4.1(c) of the Operating Agreement.
November 7, 2012
FERC has again dismissed concerns raised by the Pennsylvania PUC regarding shortage pricing in PJM, in denying a request for rehearing of an earlier FERC order.
November 6, 2012
PJM has filed at FERC to create a new Cleveland Locational Deliverability Area (LDA) as part of the capacity obligations required to be met by load serving entities through the capacity market.
November 2, 2012
American Electric Power has submitted filings to the Federal Energy Regulatory Commission (FERC) seeking approval to fully separate its Ohio generating assets from its Ohio distribution and transmission operations following an Oct. 17 decision from the Public Utilities Commission of Ohio in the…
November 2, 2012
ERCOT has released a Seasonal Assessment of Resource Adequacy (SARA) for the upcoming winter season and a preliminary outlook for spring 2013.
October 31, 2012
ERCOT has completed its review of Luminant Generation Company LLC Monticello Units 1 & 2 which had submitted a notification of suspension of operations and found that the units are not required to support ERCOT system reliability.
October 31, 2012
Despite lower wholesale electric prices and natural gas prices, retail pricing across REPs in ERCOT has not come down as much as may be expected, due to last summer's volatility, and expectations for future volatility lifting forward pricing, TXU Energy executives said on an earnings call yesterday.
October 30, 2012
ERCOT has completed its review of several units at S.R. Bertron which had submitted a notification of suspension of operations and found that the units are not required to support ERCOT system reliability.
October 29, 2012
FERC has approved tariff revisions from the California ISO which grant additional mitigation authority related to exceptional dispatch, and FERC also referred behavior intended to be curbed by the tariff revisions to its Office of Enforcement for formal investigation.
October 29, 2012
The Maine Public Utilities Commission has issued an RFP for long-term contracts for capacity, associated energy, and/or renewable energy credits (RECs) from qualifying resources.
October 26, 2012
The Public Utility Commission of Texas yesterday conditionally approved Entergy Texas' application to transfer the operational control of its transmission assets to the Midwest ISO.
October 26, 2012
The Public Utility Commission of Texas has approved a series of increases in the ERCOT high system-wide offer cap (HCAP) starting June 1, 2013, with the cap eventually reaching $9,000/MWh.
October 24, 2012
Eager to have their desired mandatory capacity market meet the Public Utility Commission of Texas' approval, several capacity owners in ERCOT said that they agree with Brattle's recommendation that a Minimum Offer Price Rule (offer floor) would not be required in ERCOT's capacity market, before…
October 24, 2012
The Brattle Group presentation on "composite" resource adequacy alternatives filed with the Public Utility Commission of Texas on October 19, 2012, "does not accurately capture or meaningfully evaluate the various stakeholder proposals that support an energy-only market, including the backstop…
October 24, 2012
ERCOT is projected to exceed or meet the target reserve margin through 2017 when including available mothballed capacity not included in the Capacity, Demand and Reserves report, the Texas Industrial Energy Consumers said in comments to the Public Utility Commission of Texas
October 23, 2012
The New York Energy Highway Task Force has released its blueprint regarding future state energy policy, which includes recommendations for repowered and new generating capacity, but does not address cost recovery of such capacity, or disposition of products from such generation.
October 23, 2012
The Midwest ISO's latest proposed changes to its capacity market, regarding the allocation of capacity obligations, are "unworkable" and reveal the flaws inherent in MISO's current methodology, the Retail Energy Supply Association said in comments to FERC.
October 23, 2012
The ERCOT reserve margin in 2014 could exceed 13.75% based on updated load forecasts, reflecting more recent economic data, and the specific start dates of several new announced units scheduled to come online in 2014, ERCOT informed the Public Utility Commission of Texas.
October 23, 2012
In developing its composite proposals on resource adequacy in Texas, Brattle omitted "critical" steps required for implementation of any "significant change" in market structure, ERCOT said in comments to the Public Utility Commission of Texas yesterday.
October 22, 2012
Commissioners of the Public Utility Commission of Texas have agreed on a set of conditions under which they would approve Entergy Texas, Inc.'s application to transfer operational control of its assets to the Midwest ISO.
