July 30, 2013
EDF, Citing Shale Gas, Exiting U.S. Nuclear Investments
Electricité de France, S.A. (EDF) has moved to exit its investment in Constellation Energy Nuclear Group LLC (CENG), its joint venture with Exelon.
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June 14, 2013
New Winner in Duke Energy Ohio Default Service Auction
The Public Utilities Commission of Ohio released the winning bidders of Duke Energy Ohio's recent default service procurement, and as listed in the PUCO report, the winners included a company not previously awarded Ohio default service electric load.
June 12, 2013
Exelon Cancels Capacity Additions in PJM Market
Exelon Corporation has decided, based on market conditions, to cancel the previously deferred extended power uprate projects at the LaSalle and Limerick nuclear stations, it said in an 8-K.
May 29, 2013
Exelon Names New CEO at Constellation
Exelon named a new CEO at Constellation as outgoing Constellation CEO Kenneth Cornew was named to new positions at Exelon.
May 20, 2013
Self-Proclaimed Competitive Markets Leader: Moving Away from Laddered Three-Year SOS Contracts May Not Improve Retail Competition!
Transitioning Maine Standard Offer service away from the current use of laddered three year contracts in favor of more market-reflective procurements, "may not improve retail competition," a self-proclaimed leader in opening competitive markets told the Maine PUC in an investigation of default…
April 18, 2013
RESA Chides Exelon for Support of Three-Year Laddered Default Service
"[I]t cannot be said that three-year SOS supply contracts promote the development of competitive retail markets, as Exelon [Generation Company LLC] argues," the Retail Energy Supply Association said in comments to the District of Columbia PSC.
April 8, 2013
Edison Mission Veterans Launching New Retail Energy Company
Several veterans of Edison Mission Marketing and Trading are launching a start-up retail energy broker.
April 4, 2013
Texas Should be Skeptical of Capacity Market as Demand Response Incubator Given Obstacles Introduced to Negate Generator Competition in Eastern RTOs
As Texas considers resource adequacy, and specifically demand response, it should view skeptically claims, especially from capacity owners, that the fastest and most effective way to develop demand response resources is to introduce a centralized capacity market.
March 25, 2013
New Hampshire PUC Sets New Default Service Rates
The New Hampshire PUC has approved new default service rates at Granite State Electric for residential and small commercial customers (Small Customer Group) for the period May 1, 2013 through October 31, 2013, and for medium and large commercial and industrial customers (Large Customer Group) for…
March 6, 2013
Delmarva SOS Winning Bid Prices Decline for Small Customers, Increase for Large Customers
Energy prices in the Residential and Small Commercial SOS portfolio at Delmarva Power in Delaware will decline as a result of the 2012-13 auction for SOS supply, while prices for medium and large C&I customers will increase, but largely due to capacity, according to the auction report from The…
March 5, 2013
Connecticut "Ready" for Retail Auction of Default Service Customers, Lawmakers Told
Connecticut, with nearly 50% of residential customers on competitive supply, is "ready" to move to a retail auction to transition remaining standard service customers to competitive supply, Chris Kallaher, senior director of government and regulatory affairs for Direct Energy, told lawmakers in…
March 5, 2013
Shock: Largest Retail Supplier Endorses Laddered Three-Year SOS Contracts
The nation's largest retail supplier has endorsed continuation of a three-year laddered portfolio of SOS contracts in the District of Columbia.
February 14, 2013
Ohio Posts Winning Bidders in FirstEnergy Utilities' Default Service Auction
The Public Utilities Commission of Ohio has posted the winning bidders from the recent default service auction at the FirstEnergy utilities.
February 8, 2013
Update: New Jersey Discloses Winning BGS Auction Suppliers
The New Jersey BPU has reported winning suppliers in the recent BGS auctions.
February 8, 2013
Exelon: "Hyper" Competition Depressing Retail Energy Margins
Exelon reported during its earnings call yesterday that "hyper-competition" in the retail energy space depressed margins below forecast levels in the fourth quarter of 2012.
February 7, 2013
Flash: Exelon Cuts Dividend
Exelon this morning announced a cut to its dividend, "to position us to maintain our investment grade rating, return a stable dividend and provide capacity to invest in growth."
January 29, 2013
Briefly
GDF SUEZ Energy Resources NA Names New Regional Vice President, PJM, Mid-Atlantic
December 27, 2012
Draft Order Provides Pennsylvania Won't Review Competitiveness of Retail Market in Light of Exelon-Constellation Merger
A recommended decision from a Pennsylvania ALJ would deny a request from the Office of Small Business Advocate to initiate an investigation into the potential impacts of the Constellation-Exelon merger on Pennsylvania's retail electricity market
December 21, 2012
Raven Power Marketing Selects Marketer for Former Exelon Coal Plants
EDF Trading and Raven Power Marketing, a subsidiary of Raven Power Holdings LLC, have signed an Energy Management Agreement covering three Maryland coal plants recently acquired by Raven Power Holdings LLC from Exelon.
December 19, 2012
Melissa Lauderdale Elected Retail Energy Supply Association President, Expands with NJ Gas Caucus
Melissa Lauderdale, Director of Government & Regulatory Affairs at Integrys Energy Services, has been elected president of the Retail Energy Supply Association.
December 10, 2012
Ohio Discloses Winning Bidders for Duke Energy Default Service
The Public Utilities Commission of Ohio has disclosed winning bidders from the recent auction for Standard Service Offer supplies at Duke Energy Ohio.
December 4, 2012
Briefly
Bounce Energy 12 Days of Christmas Includes Toys for Tots Affinity Donation
November 26, 2012
PJM Files Settlement to Raise Cost of New Entry in Capacity Market
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 15, 2012
Ohio Discloses Winning Bidders in FirstEnergy Default Service Auction
The Public Utilities Commission of Ohio has disclosed winning bidders and tranches won in the October 2012 procurement of default service for the FirstEnergy Ohio utilities.
November 15, 2012
Exelon to Pay $400,000 Under Settlement With Justice Dept.
Under a settlement with the U.S. Department of Justice, Exelon has agreed to make a civil payment of $400,000 to the United States Treasury to resolve allegations that Exelon violated a prior court order, which adopted conditions on its merger with Constellation, due to "inadvertent" errors which…