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June 23, 2011
Responding to the American Public Power Association's characterization of proposed changes to the Midwest ISO Module E resource adequacy construct, MISO emphasized several key differences in the MISO proposal versus the PJM Reliability Pricing Model.
June 23, 2011
Texas, "must not in a reactionary mode rush to impose up-front administrative fixes to potential future threats, and thereby do exactly that [about] which we are fighting the EPA: and that is increasing the cost of doing business ... through [higher] electric charges," Luke Bellsnyder, executive…
June 21, 2011
FERC has denied a request from Sempra Generation to make capacity sales to its affiliate San Diego Gas & Electric Company pursuant to a competitive solicitation, as FERC found that the solicitation does not satisfy the Commission's concerns regarding the potential for affiliate abuse (ER11-3464).
June 21, 2011
Texas Competitive Power Advocates is seeking to impose a "backstop" capacity obligation on ERCOT loads.
June 17, 2011
FERC has approved without modification a settlement under which all claims that arose, or could have arisen, under the PJM-Midwest ISO Joint Operating Agreement (JOA) are released, and which imposes a one-year time limit for future claims arising under the JOA.
June 17, 2011
Frustration of policymakers in Maryland, New Jersey, Connecticut and other states with capacity prices, "stems from a basic flaw in RTO-run centralized markets -- they do not sufficiently support new generation investment but instead overcompensate existing generators," the American Public Power…
June 13, 2011
PUCT Schedules Additional Reserve Adequacy Workshop
June 10, 2011
AEP announced a plan to comply with a series of regulations proposed by the U.S. Environmental Protection Agency which includes the retirement of nearly 6,000 megawatts of coal-fueled power generation, including some in Ohio, and the refueling of an Ohio facility, "depending on regulatory treatment…
June 8, 2011
New Brunswick Power Generation Corporation has protested at FERC several transactions involving Emera, Algonquin Power & Utilities Corp., and First Wind Holdings, alleging that the transactions would, "adversely affect competition by creating affiliated entities possessing horizontal and vertical…
June 6, 2011
FERC has suspended PJM's tariff filing to revise the rules for measuring reductions from demand response resources which have cleared the capacity market, and ordered a technical conference on issues raised by protestors (ER11-3322).
June 6, 2011
A disproportionately high level of transaction costs may threaten the viability of virtual transactions in the ISO New England Day-Ahead Energy Market, the Internal Market Monitor said in an annual markets report.
June 6, 2011
No doubt emboldened by several recent FERC decisions, several New York capacity suppliers have filed a complaint at FERC alleging that the New York ISO's implementation of its buyer-side market power mitigation provisions is in violation of its tariff.
June 1, 2011
Note : ERCOT has issued corrected numbers after releasing its initial data. The updated numbers can be found here . While there are some slight changes in the projected reserve margins, the revisions do not lead to a projected reliability violation where there was not one previously, or vice versa…
May 31, 2011
The Midwest ISO ignored the fact that its Module E Resource Adequacy construct, regardless of whether an auction is used to procure capacity, has imposed new costs on load that would otherwise not be required, and that such costs would be imposed on customers at Entergy Texas should it join MISO.
May 25, 2011
FERC dismissed a complaint filed in 2009 by the California attorney general which had alleged that various market participants had made short-term bilateral sales at unjust and unreasonable prices to the California Energy Resources Scheduling Division (CERS) of the California Department of Water…
May 25, 2011
Two financial marketers, Longhorn Energy LP and West Oaks Energy LLC, have appealed, to the PUCT, ERCOT's resettlement of Operating Days December 1, 2010 through February 1, 2011 (Docket 39433).
May 24, 2011
San Diego Gas & Electric has sought approval at the California PUC for three power purchase tolling agreements (PPTAs) totaling 450 MW of local peaking power which SDG&E said are needed for local reliability, and accordingly sought to recover costs through a nonbypassable surcharge.
May 24, 2011
The California PUC has issued a proposed decision establishing local procurement obligations for 2012 and further refining the resource adequacy program (Rulemaking 09-10-032).
May 23, 2011
The Public Utility Commission of Texas scheduled a workshop for June 22 regarding the potential effect of proposed federal environmental regulations on reserve adequacy in ERCOT (see 5/12) .
May 20, 2011
ERCOT's Board of Directors approved a temporary price cap revision for the Valley area.
May 16, 2011
The Midwest ISO has filed expedited tariff changes at FERC to prevent the current exploitation of a flaw by certain market participants which allows suppliers to inflate make-whole payments by inducing reductions in output through their own changes in day-ahead and real-time offers.
May 16, 2011
PJM's Base Residual Auction for the 2014-2015 Delivery Year produced a clearing price, for all resources except Limited Demand Response, of $125.99/MW-day for the Rest of RTO region, a spike of nearly $100 versus the 2013-2014 clearing price of $27.73/MW-day.
May 13, 2011
Entergy's comprehensive evaluation of alternative transmission arrangements, in which it justifies its selection of Midwest ISO membership, essentially dismisses capacity costs as a potential cost to ratepayers under the MISO option.
May 13, 2011
The PUCT needs to consider "non-quantifiable" metrics as it studies the future of Entergy Texas, PUCT Chairman Barry Smitherman said during yesterday's open meeting.
May 13, 2011
The Fixed Resource Requirement (FRR) alternative to the PJM Reliability Pricing Model capacity auctions is "effectively unavailable" to any state with retail choice, the Maryland PSC said in a rehearing request at FERC, which begs the question, if Maryland and New Jersey are unable to overturn…
