February 20, 2018
New Start-up Retail Supplier Formed By Market Vet
Iridium Energy, LLC, a start-up retail supplier, has submitted a registration as an ESCO in New York.
FERC
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February 19, 2018
FERC Denies Changes In Allocation Of Transmission Charges That Retail Suppliers Had Said Would Stifle Retail Competition
FERC denied, without prejudice, proposed tariff revisions from Virginia Electric and Power Co., d/b/a Dominion Energy Virginia to change the calculation of Network Service Peak Load for transmission customers in the Dominion Zone.
February 16, 2018
Retail Supplier Seeks Evaluation Of Rates Charged By Utilities To Retail Supplier In Light Of Federal Tax Cuts
The Public Utilities Commission of Ohio's review of the impact of the federal Tax Cuts and Jobs Act of 2017 (TCJA) should include an evaluation of cost-based rates charged to retail suppliers under utility tariffs, Interstate Gas Supply said in comments to PUCO
February 9, 2018
New Lubbock Power & Light Stipulation Reflects "Intent" To Opt-In To Retail Choice As Soon As "Practicable"
LP&L Agrees That If City Council Adopts Retail Choice, Decision Is Irrevocable
Lubbock Power & Light has filed with the Texas PUC an unopposed stipulation which would approve its transition of the majority of its load to ERCOT, subject to terms in the stipulation.
February 7, 2018
NRG Announces Asset Sales Providing $2.8 Billion In Cash Proceeds, Including Texas Generating Plant
NRG Energy, Inc. and Global Infrastructure Partners (GIP) have entered into a Purchase Agreement for GIP to purchase NRG's ownership in NRG Yield and NRG's Renewables Platform for cash proceeds of $1.375 billion, subject to certain adjustments.
January 22, 2018
Data Center Provider Creates Retail Supplier For Possible Sales To Other End-users
Switch, Ltd., which provides data center and related solutions, has created a 100% wholly owned subsidiary called Switched On, LLC to potentially act as a retail electric supplier serving other customers.
January 16, 2018
Retail Supplier Says Sought Changes In Allocation Of Transmission Charges Would Stifle Retail Competition
A new methodology for assigning charges for network service and other charges under the PJM Tariff filed by Dominion Energy Virginia at FERC would, "limit[] the ability of load-serving entities ('LSEs') and retail customers to reduce costs by managing their load, thereby promoting inefficiency and…
January 15, 2018
FERC Denies PJM Proposal To Allocate Uplift To UTCs
FERC rejected, without prejudice, a filing from PJM to allocate uplift to Up-to-Congestion transactions (UTCs)
January 12, 2018
Texas PUC Chair Concerned With Broad Language In FERC's New Resiliency NOPR, Focus On "Bulk Power System"
During yesterday's Public Utility Commission of Texas open meeting, PUCT Chairman DeAnn Walker raised concern with FERC's new grid resiliency NOPR and its broad language.
January 9, 2018
Calling Grid Resilience "An Important Issue," And Directing RTOs To Be "Proactive", FERC Opens New Proceeding On Grid Resiliency While Rejecting DOE's Sought Cost-Of-Service Payments
FERC rejected a request from the U.S. Department of Energy to adopt a cost-of-service rate to provide non-market compensation to resources in RTOs for the, "reliability, resiliency, and on-site fuel assurance," provided by such resources, but FERC ordered further investigation of grid resiliency…
October 31, 2017
International Retail Supplier, Which Leverages Aggregation, Data Driven Model, To Expand To U.S.
Company Touts Goal Of Fixing "Broken" Industry
En-Powered Inc., through its subsidiary EnPowered USA, is entering the U.S. retail energy market.
October 30, 2017
FirstEnergy Committed To Transitioning To Fully Regulated Company Regardless Of DOE NOPR Outcome
During an earnings call on Friday, FirstEnergy CEO Chuck Jones said that the company's decision to transition to a fully regulated company, completely exiting the merchant business, would not change as the result of any outcome from a DOE-proposed NOPR at FERC which proposes various cost-based…
October 24, 2017
Direct Energy Affiliate Which Offers Cogeneration, Efficiency Solutions Moves To New Office To Support Growth
Centrica Business Solutions recently officially opened a new 30,000 sq. ft. office and facility for its ENER-G Rudox business, located in East Rutherford, New Jersey.
October 11, 2017
FirstEnergy Seeks FERC Waiver To Allow Centralized Unit To Receive Dispatch Offers From Both Regulated, Merchant Units, Communicate Offers To PJM ("Ministerial" Functions)
FirstEnergy Service Company ("Service Company"), filed a petition at FERC requesting that the Commission waive specified portions of 18 C.F.R. §§ 35.39 and any other rules and regulations as may be necessary, to allow Service Company to establish a centralized RTO interface services group to provide…
October 3, 2017
License Briefs
MPower Energy Receives License In New State
October 2, 2017
U.S. DOE Orders FERC To Consider Adopting Rule To Provide Non-Market Compensation To Coal, Nuclear Units in RTOs
U.S. Energy Secretary Rick Perry on September 28 submitted a directive to FERC to consider adopting rules which would provide non-market compensation to certain generating units, such as coal and nuclear plants.
September 11, 2017
ESCOs Seek New Lists Of Low-Income Customers From New York Utilities Prior To Prohibition Implementation
Several ESCOs filed individual requests with the New York PSC on Friday asking that the PSC direct the utilities to send updated lists of assistance program participant (APP) customers prior to starting the process of ending service to such customers, and also sought more time so they may comply…
August 30, 2017
Briefly
Texas PUC Schedules Workshop On Eliminating Customer Protections Linked To SBF
August 23, 2017
FERC Approves $10 Million Settlement With Financial Marketer
FERC approved a Stipulation and Consent Agreement (Agreement) between the Office of Enforcement (Enforcement) and City Power Marketing, LLC (City Power) and K. Stephen Tsingas (together, Defendants) which resolves the Commission’s claims against Defendants for alleged violations of section 222 of…
August 21, 2017
California Utility Holding Company Reaches Agreement To Acquire Texas Utility Oncor, Edging Out Berkshire Hathaway Energy
Sempra Energy today announced an agreement to acquire Energy Future Holdings Corp., the indirect owner of 80 percent of Oncor Electric Delivery Company, LLC
August 19, 2017
Calpine, Parent of Retail Suppliers, Agrees To Be Acquired By Investor Consortium
Calpine Corporation today announced that it has entered into a definitive agreement under which Energy Capital Partners (Energy Capital or ECP), along with a consortium of investors led by Access Industries and Canada Pension Plan Investment Board, will acquire Calpine for $15.25 per share in cash…
August 18, 2017
Calpine, Parent of Retail Suppliers, Agrees To Be Acquired By Investor Consortium
Calpine Corporation today announced that it has entered into a definitive agreement under which Energy Capital Partners (Energy Capital or ECP), along with a consortium of investors led by Access Industries and Canada Pension Plan Investment Board, will acquire Calpine for $15.25 per share in cash…
July 19, 2017
Utility Files POR Implementation Plan, Updates Implementation Costs, Timeline
Utility Proposes Changes In Enrollment Timeline, Procedures
Washington Gas Light has filed with the District of Columbia PSC a proposed plan for implementing purchase of receivables.
July 17, 2017
Trump Names McIntyre To FERC, Designated As Chair
President Trump has nominated Kevin McIntyre to be a Member of the Federal Energy Regulatory Commission, for the term expiring June 30, 2018, and an additional term expiring June 30, 2023
July 12, 2017
Retail Supplier Parent Reaches Agreement to Sell Three Power Generating Assets
Dynegy Inc. has reached agreements to sell three of its generating plants for approximately $300 million.