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November 3, 2014
FERC announced that on January 7, 2015 it will convene a technical conference concerning the justness and reasonableness of PJM's existing tariff provisions related to the Financial Transmission Rights (FTR) forfeiture rule and uplift allocations as applied to Up-to Congestion (UTC) transactions and…
November 3, 2014
FERC approved without modification a series of tariff revisions filed by PJM to revise PJM's rules related to offer price adders ("FMU adders") for generation units that are frequently offer capped, referred to as Frequently Mitigated Units.
October 31, 2014
PSEG confirmed in reporting earnings yesterday that PSEG Power has been verbally notified by the FERC Staff that Staff has initiated a preliminary, non-public staff investigation into certain bidding by PSEG Power.
October 31, 2014
FERC revoked the market-based rate authority of about 25 power marketers, including several retail suppliers, for alleged failure to file electric quarterly reports.
October 30, 2014
Retail supplier Great American Power, LLC has filed at FERC for approval of a transaction under which its holding company parent, Great American Power Holding LLC, would acquire 100% of the equity interests in retail supplier Perigee Energy, LLC
October 23, 2014
The legal reasoning used by FirstEnergy in a FERC complaint that seeks to eliminate demand response from participation in the capacity market would also mean that FERC lacks jurisdiction to create and compel participation in capacity markets, the Pennsylvania PUC said in a protest of FirstEnergy's…
October 23, 2014
Granting a complaint from FirstEnergy which seeks to exclude demand response from participation in the PJM capacity market, including re-running, without demand response, the already cleared May 2014 capacity auction, "would create a windfall for existing generators," Direct Energy said in a protest…
October 21, 2014
The U.S. Court of Appeals for the D.C. circuit has granted FERC a stay of the court's May decision which found FERC lacked jurisdiction to set compensation for demand response.
October 21, 2014
Verde Energy Receives Licenses in New State
October 17, 2014
FERC Enforcement Staff revealed during a Commission meeting yesterday that Staff has opened two informal, non-public investigations related to generator offers during the polar vortex.
October 14, 2014
The New York PSC has issued an agenda for its November 5 joint technical conference with FERC concerning the New York ISO capacity market.
October 10, 2014
FERC stated that it intends to revoke the market-based rate authority of about 40 power marketers, including several retail suppliers, for alleged failure to file electric quarterly reports.
October 1, 2014
PJM has filed tariff revisions at FERC to institute a Demand Bid Screening process which will prevent Load Serving Entities from submitting Demand Bids into the Day-ahead Energy Market, "above a level that is commensurate with the amount of load they serve."
September 30, 2014
FERC has approved a settlement between DC Energy, LLC, Scylla Energy LLC, and PJM resolving disputes concerning the application of deviation charges to internal bilateral transactions (IBTs) that waives payment of $10 million of the amount originally ordered to be paid by certain market participants…
September 26, 2014
Apex Petroleum Corporation applied at FERC for approval of a transaction under which Apex would acquire 100% of Castlebridge Energy Group, LLC's outstanding membership shares.
September 24, 2014
Shipley Energy Seeks Supplier License in New State
September 23, 2014
In its comments to the New York PSC on a straw proposal in the Reforming the Energy Vision proceeding, Direct Energy offered several novel interpretations of the impact of a Court's order which vacated FERC Order 745, as the Court said that FERC lacked authority to set compensation for demand…
September 19, 2014
A wholesale energy marketer and a Native American are among the owners of a start-up retail supplier, Ioway Energy, LLC.
September 18, 2014
The New York PSC and FERC will hold a joint technical conference to address New York markets and infrastructure on November 5.
September 18, 2014
The U.S. Court of Appeal of the D.C. circuit has denied en banc rehearing of its earlier order striking down FERC Order 745, FERC's order which provided that demand response shall be paid full LMP.
September 17, 2014
The multi-step transaction that would essentially see PPL Energy Supply, LLC and RJS Power Holdings LLC combine to form Talen Energy, "would have an anticompetitive impact on several local energy markets," even with the companies' proposed mitigation measures, the PJM Independent Market Monitor said…
September 17, 2014
By taking no action on the filing of the results from ISO New England's capacity auction for the 2017-18 delivery period by September 15, FERC allowed ISO-NE's tariff filing containing the results of the auction to become effective by operation of law.
September 10, 2014
FERC has accepted without modification ISO New England's 2014-15 winter reliability program, a series of non-market programs and compensation which are said to be needed to assure reliability.
September 8, 2014
FERC has scheduled for October 28 a second workshop on price formation in the organized markets.
September 2, 2014
FERC has opened a Section 206 investigation regarding PJM Up-to Congestion (UTC) charges, including their treatment as virtual transactions, and the method of application of the Financial Transmission Rights (FTR) forfeiture rule to UTCs.
