February 25, 2016
Dynegy Inc. and Energy Capital Partners, through a newly formed joint venture, have signed a definitive agreement to acquire the United States fossil portfolio of Engie (f/k/a GDF Suez), consisting of 8,731 megawatts of generation capacity located in ERCOT, PJM, and ISO-New England.
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February 16, 2016
Current Power & Gas Inc. has applied for FERC market-based rate authority, stating an intent to act as a retail supplier
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February 15, 2016
FERC accepted a filing to allow PJM to sell excess capacity in the third incremental auction for the 2016/2017 Delivery Year, which retail suppliers and load had said is contrary to the tariff and would result in a flooding on the incremental auction, depressing prices received by load for such…
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January 28, 2016
Econpower, LLC requested that the New York PSC terminate its eligibility to operate as an ESCO, stating that it has ceased operating and providing commodity supply service to customers in New York, and does not intend to provide such service at any future time. Econpower is the subject of a show…
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January 28, 2016
In separately filed complaints, the Electric Power Supply Association, Dynegy, Eastern Generation, LLC, several NRG Companies, and the Retail Energy Supply Association petitioned FERC to withdraw waivers previously granted to market-based rate subsidiaries of AEP and FirstEnergy concerning affiliate…
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January 26, 2016
In a decision declaring a broad interpretation of FERC's authority, the U.S. Supreme Court overturned a lower court and ruled that FERC's Order 745, which requires full payment of LMP to demand response, is consistent with FERC's jurisdiction under the Federal Power Act.
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January 22, 2016
FERC has issued a proposed rule to require that all of the FERC jurisdiction RTOs increase their offer caps above $1,000.
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January 18, 2016
FERC approves changes to the market-to-market procedures contained in the Interregional Coordination Process, section 4, of the Joint Operating Agreement (JOA) between the Midcontinent ISO and PJM, which are meant to enhance the day-ahead market-to-market coordination procedures and their real-time…
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January 18, 2016
The FERC jurisdictional RTOs filed a petition for extension of time to file reports on price formation recently ordered by FERC.
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January 15, 2016
Aspirity Holdings LLC, the ultimate parent of retail suppliers Aspirity Energy Northeast, LLC and Aspirity Energy Mid-States, LLC sought FERC approval of a transaction under which Aspirity Holdings would sell equity interests to six individuals
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January 14, 2016
FERC has denied a petition from several RTO market participants to wholly withdraw and start anew on controversial proposed rules issued by the Commission in September under which FERC proposes to require all RTO market participants, including buyers, to file new reports concerning the participant's…
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January 11, 2016
FERC granted the Midcontinent ISO a temporary waiver, to allow MISO to pay generators verifiable costs in excess of the $1,000/MWh offer cap, for the period January 1, 2016 through April 30, 2016
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January 7, 2016
FERC issued a show cause order to Coaltrain Energy, L.P. (Coaltrain), Coaltrain’s co-owners Peter Jones and Shawn Sheehan, and traders/analysts Robert Jones, Jeff Miller, Jack Wells, and Adam Hughes, "to show cause why they should not be found to have violated section 1c.2 of the Commission’s…
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January 6, 2016
A proposal from PJM to sell back excess amounts of capacity previously procured outside of the current tariff, "is likely to significantly harm the load interests it is designed to protect," Direct Energy Business, LLC and a coalition of industrial customers said in joint comments to FERC.
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January 4, 2016
FERC found that using a capacity supplier's opportunity costs of selling capacity in PJM is not a just and reasonable basis for setting the mitigation of capacity supply offers in the Midcontinent ISO capacity market, and ordered that such provisions be stricken from the MISO tariff
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December 29, 2015
FERC said that it will hold a technical conference concerning tariff revisions filed by PJM to address revenue inadequacy issues relating to its allocation of Auction Revenue Rights (ARR) and Financial Transmission Rights (FTR).
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December 29, 2015
FERC issued an order yesterday finding that the ISO New England participating transmission owners' current Regional Network Service (RNS) and Local Network Service (LNS) formula rates appear to be unjust, unreasonable, unduly discriminatory or preferential, or otherwise unlawful.
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December 29, 2015
FERC yesterday issued an order finding that ISO New England Inc.’s (ISO-NE) forward capacity market tariff is unjust, unreasonable, unduly discriminatory or preferential, "because it applies vertical demand curves within constrained zones, which does not sufficiently address concerns such as price…
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December 23, 2015
A federal appeals court said FERC engaged in "specious" reasoning in dismissing cost concerns from the 2013-14 ISO New England winter reliability program which imposed new, unhedgeable costs on retail suppliers, and whose costs ballooned past initial estimates.
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December 21, 2015
ENGIE Retail, LLC d/b/a Think Energy, GDF SUEZ's mass market brand, said that it anticipates that it will commence providing retail energy marketing services in New Hampshire and Rhode Island states as early as January 2016.
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December 18, 2015
FERC yesterday directed the California ISO to refund $307,500 in erroneous unavailability charges, plus interest, to Shell Energy North America (US), L.P., granting Shell a waiver of the deadline for billing disputes as contained in the tariff
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December 17, 2015
FERC issued a show cause order directing ETRACOM LLC and its principal member and primary trader Michael Rosenberg to show cause, "(i) why they should not be found to have violated section 1c.2 of the Commission’s regulations and section 222 of the Federal Power Act (FPA), by submitting virtual…
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December 15, 2015
A subsidiary of The Blackstone Group L.P. and a private equity firm have sought approval to increase their ownership of Twin Eagle Resource Management, LLC from 50% to 99%
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December 14, 2015
FERC approved as-filed PJM's proposal to increase its energy market offer cap to $2,000/MWh with no changes to the current shortage pricing mechanism, which means that energy market prices may rise to $3,700/MWh.
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December 10, 2015
Noble Americas Energy Solutions LLC has filed comments in support of a complaint from Industrial Energy Users-Ohio filed at FERC in which the industrials argued that the treatment of certain transmission charges, including Network Integration Transmission Service (NITS), as nonbypassable at AEP Ohio…
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