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February 1, 2019
Says Order Adds Up To $300 Million In Default Allocation To Members
PJM in a January 31 market notice said that FERC's denial of a waiver related to the liquidation of certain Financial Transmission Rights will likely place a number of members in breach of their collateral requirements under PJM’s credit policy.
January 31, 2019
FERC has denied a request from PJM for certain waivers relating to the liquidation of the GreenHat Energy, LLC Financial Transmission Rights (FTR) portfolio, with FERC denying waivers that would have resulted in the modification of the previously commenced July auction
January 30, 2019
Retail supplier Light Power & Gas of NY LLC (LPGNY) filed at FERC a complaint against the New York Independent System Operator, Inc. requesting that the Commission direct the NYISO, "to immediately cease its unreasonable, unlawful and unduly discriminatory actions and process LPGNY’s application for…
January 30, 2019
As part of an order granting Ambit Northeast, LLC market-based rate authority, FERC directed Ambit Northeast to make refunds for the period of time during which market-based rates were collected without Commission authorization, i.e., May 2012 to December 21, 2018, for Ambit's sale of excess power…
December 24, 2018
The ICC issued clarifications to the data requests expounded on retail electric suppliers concerning their provision of transmission cost-related refunds to customers.
December 10, 2018
Public Service Company of New Hampshire (Eversource) has filed with the New Hampshire PUC a proposal for how it will comply with Senate Bill 365, which requires the solicitation for the purchase of output from various biomass electric generation facilities, with Eversource stating that it executed…
December 5, 2018
Note: This story was first published on Dec. 5 with an alert to our email subscribers
December 4, 2018
Dismisses Concerns About Risk Premiums, Says That's Life For LSEs
FERC has accepted as filed ISO New England's proposal regarding the allocation of out-of-market costs of resources retained for fuel security, as FERC agreed that such costs shall be allocated to load serving entities on a regional basis using the Real-Time Load Obligation allocator
December 4, 2018
Note: This story was first published on Dec. 4 with an alert to our email subscribers
November 19, 2018
FERC granted the Midcontinent Independent System Operator, Inc. (MISO) a limited waiver of sections 39.2.5 and 40.2.5 of its Open Access Transmission, Energy and Operating Reserve Markets Tariff (Tariff), which establish a $1,000/MWh Energy Offer Price Cap (offer cap) on incremental energy offers in…
October 25, 2018
Citing health reasons, Chairman Kevin McIntyre has stepped down as FERC Chairman. McIntyre will remain at FERC as a Commissioner.
October 22, 2018
Nebulous "Future" Pricing Information Obligation Created
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October 4, 2018
Note: The following story was first posted at 8:40 p.m. on October 4, with an alert to our email subscribers
October 4, 2018
President Donald Trump announced his intent to nominate Bernard L. McNamee to be a Member of the Federal Energy Regulatory Commission, for the term expiring June 30, 2020.
October 3, 2018
PJM filed with FERC proposed changes to its Reliability Pricing Model capacity market to accommodate a carve-out of state-subsidized resources from the market, along with the removal of an associated amount of load, after FERC suggested such mechanism in an order on other revisions that PJM had…
September 28, 2018
The United States Court of Appeals for the Second Circuit has upheld New York's Zero Emissions Credit (ZECs) nuclear subsidy program, affirming a lower court and denying a challenge brought by certain generators
September 20, 2018
Robindale Retail Power Services, LLC (RRPS) is launching as a retail electric supplier
September 20, 2018
In adopting final new rules applicable to natural gas supplier licensing, the District of Columbia PSC said that natural gas supplier licenses may not be transferred, and opined on how any purchase of customer books should be executed in light of this finding.
September 20, 2018
Clarification Appears To Require Suppliers To Post Rate Information For Commercial Customers On Website
September 11, 2018
AltaGas Ltd. announced that it has entered into definitive agreements for the sale of non-core midstream and power assets in Canada, including its Canadian C&I retail supply business, and power assets in the United States, for total proceeds of approximately $560 million (all $ Canadian unless…
September 4, 2018
ISO New England has filed with FERC proposed "interim" tariff revisions to allocate the out-of-market costs for resources retained for "fuel security" to load-serving entities on a regional basis using the Real-Time Load Obligation allocator.
September 2, 2018
Note: This story was first published on Sept. 2 with an alert to our email subscribers
August 31, 2018
FERC approved a request from PJM for a one-time waiver of provisions of the PJM Open Access Transmission Tariff as necessary to enable PJM to delay its 2019 Base Residual Auction (BRA) for the 2022/2023 Delivery Year from May 2019 to August 14-28, 2019
August 14, 2018
PJM Interconnection, L.L.C. petitioned FERC for a one-time waiver of provisions of the PJM Open Access Transmission Tariff as necessary to enable PJM to delay its 2019 Base Residual Auction (BRA) for the 2022/2023 Delivery Year until August 14-28, 2019, to the extent FERC extends the comment process…
August 10, 2018
The District of Columbia PSC initiated a biennial review of electricity Standard Offer Service (SOS)
