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May 13, 2011
Capacity markets do not appear to produce the results they are designed to produce, while engendering significant litigation and conflict between consumers and generators, PUCT Chairman Barry Smitherman said during yesterday's open meeting.
May 12, 2011
Various proposed regulations by the U.S. Environmental Protection Agency could lead to the retirement of 8,100 MW of gas-fired generation, and, in a worst case scenario, 5,600 MW of coal-fired generation.
May 6, 2011
The United States, particularly New England and the mid-Atlantic, are facing an "alarming" shortage of baseload construction, and efforts by FERC to stymie state-led baseload development will likely lead to a "breaking point" for state policymakers, said Steve Mitnick, president of Build Energy…
May 2, 2011
A preliminary analysis by Entergy Texas reveals that, under a certain set of assumptions, Texas ratepayers will become net payers under the Entergy system agreement in 2014 even as the Entergy companies join the Midwest ISO, PUCT Commissioner Kenneth Anderson reported during Friday's open meeting.
April 26, 2011
The Public Utilities Commission Of Ohio, PJM, and several other parties have filed protests at FERC against AEP Ohio's complaint seeking to raise the capacity costs paid by competitive retail suppliers (EL11-32).
April 25, 2011
Notwithstanding the limited physical interconnection between the two areas, Entergy Corporation announced this morning that, "it has concluded that joining the Midwest Independent System Operator (MISO) will provide meaningful long-term benefits for the customers of the Entergy operating companies."
April 22, 2011
FERC proposed requiring certain market participants that are not subject to Section 205 of the Federal Power Act to file electric quarterly reports (EQRs), which FERC said would enhance market transparency.
April 20, 2011
Citing the "diminished prospects for the South Texas Project nuclear development project as a result of the ongoing nuclear incident in Japan," NRG Energy, Inc. said yesterday that it will not invest additional capital in the STP development effort.
April 19, 2011
FERC denied PJM's request for a declaratory order concerning a methodology that would determine, "when an entity does not have an economic or commercial interest that would be significantly affected by PJM's actions or decisions."
April 18, 2011
PJM's current tariff regarding the conduct of the incremental auctions under the Reliability Pricing Model could require PJM to seek to procure or release too many or too few capacity commitments relative to the reliability requirement, PJM said in a filing to revise the tariff.
April 14, 2011
Essentially providing a bailout to generators due to low capacity prices in ISO New England, FERC directed ISO-NE to develop a mitigation regime that relies on benchmark pricing for so-called out-of-market (OOM) capacity, but which does not procure more capacity than the Installed Capacity…
April 13, 2011
FERC yesterday rushed to adopt tariff changes regarding the PJM Reliability Pricing Model administrative capacity mechanism which are solely designed to raise the capacity prices paid by end use customers by up to $3 billion, in accepting revisions related to the Minimum Offer Price Rule (MOPR).
April 11, 2011
The Midwest ISO has petitioned FERC for a declaratory order, asking that FERC confirm that the terms of the Joint Operating Agreement in effect between the Southwest Power Pool and MISO, regarding the sharing of transmission capacity on a common path, will remain in effect and applicable to Entergy…
April 11, 2011
Several measures taken by ERCOT in February to exclude the impacts of the anomalous severe weather event on credit requirements prevented several additional retail electric providers from defaulting, two leading retail executives told KEMA's Executive Forum.
April 7, 2011
"[B]arriers that exist in the MISO [Midwest ISO] market make Ameren a less attractive market," than Commonwealth Edison and other PJM residential markets, several retail suppliers told the Illinois Commerce Commission.
April 5, 2011
AEP has filed a section 206 complaint at FERC seeking changes to the capacity cost compensation mechanism for utilities using the Fixed Resource Requirement (FRR), after the Commission rejected the AEP Ohio companies' earlier attempt, through a section 205 filing, to raise the capacity costs charged…
March 31, 2011
ERCOT has suspended several State Estimator Load Report postings on the Market Information System (MIS) as of March 30, 2011, at 09:00 due to specific claims of confidentiality raised by members of Texas Industrial Energy Consumers (TIEC).
March 31, 2011
ERCOT has filed Nodal Protocol Revision Request 342 to provide ERCOT with authority to implement corrective measures and advise Market Participants to discontinue practices that are inconsistent with "efficient operation of the market," after identifying such outcomes in the Day-Ahead Market (DAM)…
March 30, 2011
ERCOT has posted the final list of generation units that experienced a forced outage during last month's severe weather event, Feb. 1- 4, at this link .
March 30, 2011
FERC ruled yesterday that New Brunswick Power Generation Corporation satisfies the Commission's standards for market-based rate authority in the New Brunswick System Operator balancing authority area, dismissing a complaint from Integrys Energy Services (EL09-32).
March 30, 2011
The New Jersey Board of Public Utilities yesterday awarded three long-term Standard Offer Capacity Agreements to build new mid-merit electric generation facilities, which are anticipated to reduce retail electric rates by $1.8 billion.
March 25, 2011
The PUCT yesterday granted ERCOT the authority to procure additional Emergency Interruptible Load Service (EILS) under a new contract period, limiting such emergency authority to April through May 2011 (2/28) .
March 24, 2011
A determination by the ISO New England Internal Market Monitoring Unit that 151 MW of new energy efficiency resources resulting from state sponsored programs, which had sought to bid into the fifth Forward Capacity Auction, are out of market could result in hundreds of millions of dollar in…
March 23, 2011
PUCT Staff have recommended that the Commission allow ERCOT to procure additional Emergency Interruptible Load Service (EILS) under a new contract period, and that the Commission limit such emergency authority to April and May 2011 (2/28) .
March 22, 2011
The California ISO has identified an "exploitation" of the existing bid cost recovery tariff rules which has caused load to overpay certain resources by $57 million, CAISO said in submitting tariff changes to prohibit the practice (ER11-3149).
