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August 7, 2018
Linde Energy Services, Inc. (LESI), which acts as a retail supplier serving its own load in several states and also, "serves a limited number of non-affiliated customers," sought FERC approval of a sale under which it would ultimately fall under the ownership of a new unaffiliated third-party…
July 30, 2018
PJM Interconnection, L.L.C. filed tariff revisions at FERC which it said are designed to, "limit potential credit exposure of PJM Members with Financial Transmission Rights ('FTR') portfolios, i.e. FTR Holders, that have little to no credit requirement relative to the megawatt-hour ('MWh') volume of…
July 26, 2018
The Federal Energy Regulatory Commission has approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and Entergy Nuclear Power Marketing, L.L.C. (ENPM) which resolves Enforcement’s investigation under Part 1b of the Commission’s regulations, 18 C.F.R…
July 26, 2018
The New Jersey Board of Public Utilities (NJBPU) announced in a news release that it has, "proposed a rule that would establish an offshore wind funding mechanism known as an Offshore Wind Energy Certificate (OREC)."
July 23, 2018
Shares Certain Ownership With ERCOT Power Trader
Start-up Hudson Shore Energy Partners LLC applied for FERC market-based rate authority, and in doing so indicated that it will seek retail supplier licenses as well
July 16, 2018
The District of Columbia PSC has approved Pepco's proposed changes to its purchase of receivables (POR) discount rates
July 16, 2018
The New York PSC approved changes to the purchase of receivables (POR) reconciliation mechanism at Consolidated Edison (ConEd) for natural gas service, and directed that similar changes be filed for electricity service
July 13, 2018
Grid Power Direct, LLC applied for a District of Columbia electric supplier license
June 29, 2018
FERC Commissioner Robert Powelson announced that he will be leaving his position as FERC Commissioner in mid-August.
June 27, 2018
A new retail supplier, Power Up Energy, LLC, has been formed.
June 1, 2018
FERC approved a contested settlement agreement concerning the cost allocation methodology for existing and new transmission facilities in PJM, modifying the prior cost allocation due to remands from the courts.
May 9, 2018
FERC denied proposed tariff filings from PJM to change the manner in which excess capacity is released in the incremental auction, a change which had been opposed by Direct Energy as increasing costs to LSEs.
April 26, 2018
FERC has approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and PSEG Energy Resources & Trade, LLC (PSEG ERT) to resolve an investigation into whether PSEG ERT violated sections 1.2 and 6.4.2(a)(ii) of Schedule 1 of the PJM Operating Agreement…
April 23, 2018
CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced they have entered into a definitive merger agreement to form an energy delivery, infrastructure and services company serving more than 7 million customers across the United States.
April 20, 2018
As part of a final rule on price formation issues, FERC withdrew its proposal that would have required that each RTO/ISO that currently allocates the costs of real-time uplift to deviations should allocate such real-time uplift costs only to those market participants whose transactions are…
April 20, 2018
Will Seek Change In POR Rate Calculation
Pepco has filed with the District of Columbia PSC an annual update to its purchase of receivables (POR) discount rate
April 17, 2018
Star Energy Partners, LLC (Star Energy or the Applicant) submitted an application at FERC requesting authorization for a series of completed and planned equity raises and transfers by and among Star Energy's upstream owners (collectively, the Transactions).
April 16, 2018
ETRACOM LLC issues a statement concerning its recent settlement with FERC (see story here)
April 13, 2018
FERC has rejected the California ISO's proposed changes to its risk of retirement capacity procurement mechanism (CPM).
April 13, 2018
Notes "Intense Public Scrutiny" Surrounding Such Issues
In a letter to stakeholders, PJM said that its Board is requesting that stakeholders develop certain changes to reserves procurement and pricing such that they may be implemented for 2018/19
April 11, 2018
FERC has approved a Stipulation and Consent Agreement (Agreement) between the Office of Enforcement (Enforcement) and ETRACOM LLC and Michael Rosenberg (together, Respondents), which FERC said, "resolves on fair and equitable terms: (a) the Commission’s claims against Respondents for violations of…
March 19, 2018
FERC has set a date (April 24) and has issued questions for stakeholder comment in advance of a previously announced technical conference to explore issues raised in two complaints against PJM's transition to a 100% "capacity performance" product in its capacity market, and the methodology by which…
March 6, 2018
All American Power and Gas, LLC has applied for FERC market-based rate authority and has recently launched service in New York
February 26, 2018
FERC has directed Commission staff to convene a technical conference to explore issues raised in two complaints against PJM's transition to a 100% "capacity performance" product in its capacity market and the methodology by which load-serving entities’ peak-shaving actions are reflected in capacity…
February 21, 2018
FERC has accepted tariff changes filed by PJM to reduce the number of bidding points at which virtual transactions may be submitted by market participants
