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April 20, 2012
FERC has approved a new shortage pricing mechanism at PJM which features an $850 per MWh reserve price cap, and a $2,700 per MWh combined energy and reserves price cap (ER09-1063).
April 19, 2012
Certain customers at Indiana Michigan Power Company (I&M), an AEP company, intend to take electric service from competitive suppliers in the "near future," the Michigan PSC has been informed.
April 18, 2012
Staff of the Public Utilities Commission of Ohio has sponsored testimony supporting a reduced capacity charge applicable to capacity provided to retail suppliers from AEP Ohio under the AEP Ohio Fixed Resource Requirement plan.
April 17, 2012
Ohio Power Company (AEP Ohio) has created an organization called FairEnergyOhio.org which is running television ads opposing a mechanism under which retail suppliers would be charged the Reliability Pricing Model price for 100% of capacity provided by Ohio Power Company under its Fixed Resource…
April 12, 2012
The Public Utility Commission of Texas will publish for comment a proposed rule that would raise the ERCOT system wide offer cap effective August 1, 2012.
April 11, 2012
ERCOT has received Notification of Suspension of Operations for the following Generation Resource: Brownsville Public Utilities Board – SILASRAY_SILAS_5
April 11, 2012
ERCOT said in a market notice yesterday that it has seen an increase in wires being held for review by the Office of Foreign Asset Control (OFAC), an agency of the US Department of Treasury.
April 11, 2012
FERC has ordered hearing and settlement judge procedures regarding an error in PJM's calculation of Operating Reserve Lost Opportunity Cost credits paid to generators, which resulted in an overpayment of such credits funded by load, but declined to address in the instant proceeding any issues…
April 9, 2012
ISO New England has sought changes to the information provided to market participants prior to the Forward Capacity Auction (FCA) to prevent pivotal suppliers from using the information to undertake strategic withdrawals.
April 9, 2012
ISO New England's Forward Capacity Auction for the 2015-16 delivery year resulted in a higher capacity price, though the auction still hit the price floor.
April 6, 2012
Maryland Order on Long-Term Capacity Imminent
April 6, 2012
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication concerning an increase in the high and low system offer caps and the peaker net margin in ERCOT (40268).
April 5, 2012
New York Governor Andrew M. Cuomo's Energy Highway Task Force yesterday said that it expects to issue a Request for Information (RFI) on April 11, seeking ideas for potential energy projects from private developers, investor-owned utilities, the financial community and others.
April 4, 2012
Viridity Energy, Inc. has filed a complaint at FERC regarding the compensation provided to customers registering with one curtailment service provider (CSP) in PJM's capacity program, but who use a different CSP for energy and ancillary services (EL12-54).
April 4, 2012
ERCOT has sought authorization at the Public Utility Commission of Texas to restructure its debt for, among other reasons, to stabilize the System Administration Fee (40291).
April 3, 2012
Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company have informed the Public Utilities Commission of Ohio that, absent an order from PUCO insulating them from economic harm, the electric distribution companies do not plan to offer any potential energy…
April 1, 2012
FERC has approved the extension of the price floor in the ISO New England Forward Capacity Auction (FCA), and adopted a modification to the price floor (ER12-953).
March 30, 2012
The Maryland investor-owned electric distribution companies (EDCs) have informed the Maryland PSC that the existing draft contract for differences to be procured under the PSC's capacity RFP (see 9/30) poses serious risks to the EDCs and their customers if any awarded contracts become subject to…
March 27, 2012
FirstEnergy Solutions Corp. has filed a complaint at FERC concerning rules governing the PJM Auction Revenue Right (ARR) allocation process for transmission facilities that have been modeled as out-of-service for the entire year but which return to service for one or more months.
March 23, 2012
The California PUC has directed Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric to enter into contract negotiations with Calpine for Calpine to maintain operation of the Sutter Energy Center, with costs recovered via nonbypassable charge.
March 22, 2012
American Electric Power today made official notifications to regional reliability organizations PJM Interconnection and Southwest Power Pool (SPP) of the company's plan to retire more than 4,600 megawatts (MW) of coal-fueled power generation, primarily to comply with a series of U.S. Environmental…
March 22, 2012
Indiana Michigan Power Company (I&M), an AEP company, has sought FERC approval to charge a capacity rate other than the Reliability Pricing Model clearing price for capacity it provides to retail suppliers as the Fixed Resource Requirement entity (ER12-1173).
March 22, 2012
The PUCT intends to address an increase in the Power Balance Penalty Curve (PBPC), to be in place for this summer, at its next open meeting on April 12.
March 16, 2012
Monitoring Analytics, LLC, the Independent Market Monitor (IMM or MMU) for PJM, has released the 2011 State of the Market Report for PJM .
March 16, 2012
Staff of the Public Utility Commission of Texas has filed a draft proposal for adoption to adopt new Subst. R. 25.507 regarding ERCOT Emergency Response Service (ERS), a replacement of the current Emergency Interruptible Load Service, and which would expand the resources eligible to provide the…
