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December 23, 2010
PJM has submitted to FERC modifications to its calculation of Peak Market Activity, used to set a market participant's credit requirements, to remove situations where a revised methodology adopted earlier this year could result in higher than anticipated credit requirements.
December 21, 2010
An analysis of the New York ISO ICAP market for the Winter 2009-2010 and Summer 2010 Capability Periods did not raise any withholding concerns, the New York ISO reported to FERC.
December 20, 2010
Interpreting the PJM Reliability Assurance Agreement as eliminating a Fixed Resource Requirement (FRR) entity's ability to seek relief from FERC regarding the cost paid for capacity under an FRR plan where a state-established compensation mechanism is set would, "render[] the provision invalid or…
December 13, 2010
The Public Utilities Commission of Ohio has asked FERC to dismiss the application of Columbus Southern Power and Ohio Power to institute a formula rate for capacity compensation from retail suppliers, given that PUCO action has made the issue moot (FERC Docket ER11-2183).
December 9, 2010
The Public Utilities Commission of Ohio yesterday expressly adopted the current capacity charges established by the three-year capacity auction conducted by PJM, Inc. as the as the state's capacity compensation mechanism for Columbus Southern Power and Ohio Power, during the pendency of a newly…
December 9, 2010
The Midwest ISO has filed with FERC the general "foundation" which MISO expects will govern further revisions to its resource adequacy mechanism, which may potentially include a five-year forward obligation for load serving entities to purchase capacity, and a mandatory capacity auction.
December 8, 2010
PUCO Opens Docket on AEP Ohio Capacity Pricing PUCO has opened a docket entitled, "In The Matter Of The Commission Review Of The Capacity Charges Of Ohio Power Company And Columbus Southern Power Company." Other than the opening docket sheet, nothing is contained in the docket at this time…
December 8, 2010
Parties have reached a unanimous stipulation under which the ERCOT would receive approval from the PUCT to use previously approved Nodal Surcharge revenues to pay for expenses associated with the transition to the nodal market that ERCOT will incur after the December 1, 2010 nodal market go-live…
December 6, 2010
PJM has petitioned FERC for approval of two new demand response products for the Reliability Pricing Model capacity auction, which PJM said would enhance PJM's emergency dispatch options while recognizing, through capacity resource commitments, the expanded response capabilities that are latent in…
December 1, 2010
The New York ISO has filed with FERC an application to set the ICAP demand curves for the Capability Years of 2011/2012, 2012/2013 and 2013/2014.
November 30, 2010
New York State Electric & Gas Corporation petitioned FERC for rehearing of the Commission's October 28 order denying NYSEG's request to rebill certain charges dating back 10 years to correct metering errors from both NYSEG and Niagara Mohawk (EL09-26).
November 29, 2010
FERC directed the New York ISO to make several changes to its proposed methodologies for determining the duration of in-City buyer-side mitigation in the ICAP market (ER10-3043, Only in Matters, 9/28/10 ), finding that the original proposals, "potentially may over- or under-mitigate the exercise of…
November 29, 2010
The new capacity compensation formulas proposed by Columbus Southern Power and Ohio Power "may not be cost-based" and may "result in the double recovery of capacity costs," because they fail to consider capacity equalization payments pursuant to the AEP-East Interconnection Agreement, the Ohio…
November 22, 2010
Columbus Southern Power and Ohio Power have petitioned FERC to alter how competitive retail electric service (CRES) providers in Ohio compensate the AEP Ohio utilities for capacity under the utilities' use of the Fixed Resource Requirement of the Reliability Pricing Model.
November 19, 2010
FERC Issues Variable Resource Integration NOPR
November 18, 2010
ERCOT Board Approves Shadow Price Cap Methodology ERCOT's board of directors approved shadow price caps and power balance penalties as recommended by the Technical Advisory Committee. As required by nodal protocols, ERCOT staff developed a methodology for setting maximum shadow prices for network…
November 18, 2010
ERCOT's board of directors has endorsed a new target reserve margin of 13.75 percent, up from 12.5 percent which has been used since 2002, in ERCOT's reporting of capacity, demand and reserves.
November 16, 2010
The California PUC has issued a proposed decision (Rulemaking 10-05-006) which would adopt upfront standards for investor owned utilities (IOUs) Pacific Gas and Electric Company (PG&E), San Diego Gas & Electric Company (SDG&E), and Southern California Edison (SCE) to participate in convergence…
November 10, 2010
PUCT Chairman Barry Smitherman has proposed that the Commission open a project to receive comments from interested parties on how the Commission or Southwest Power Pool rules should address several concerns regarding transmission expansion projects in order to limit the burden on Texas ratepayers.
October 29, 2010
Rejecting recommendations from Trial Staff, FERC denied requests from NYSEG to require the New York ISO to rebill certain charges dating back 10 years to correct metering errors from both NYSEG and Niagara Mohawk (EL09-26).
October 26, 2010
ERCOT has requested that the PUCT approve the use of previously approved Nodal Surcharge revenues to pay for expenses associated with the transition to the nodal market that ERCOT will incur after the planned December 1, 2010 nodal market go-live date (Docket 38840).
October 22, 2010
FERC clarified its decision regarding the California PUC's Combined Heat and Power purchase obligation and associated pricing, currently only applicable to the investor owned utilities, to hold that, "the concept of a multi-tiered avoided cost rate structure is consistent with the avoided cost…
October 22, 2010
FERC approved Duke Energy Ohio and Duke Energy Kentucky's plan to exit the Midwest ISO and join PJM and conditionally accepted the Duke companies' proposed Fixed Resource Requirement (FRR) Integration Plan (ER10-2254 et. al.).
October 22, 2010
Under the guise of reform, FERC issued an order on RTO credit policies which will increase end users' costs for generation service by millions of dollars annually (RM10-13).
October 20, 2010
ERCOT's Board of Directors yesterday certified that all nodal systems meet the readiness criteria to proceed with the Dec. 1 nodal market go-live.
