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December 4, 2013
Maxim Power Corp. announced today that Patriot Power Holdings, LLC, an affiliate of Rockland Capital, has issued a notice to Maxim to terminate the agreement to purchase 100% of Maxim's ownership interest in Maxim Power (USA), Inc. due to an outstanding regulatory inquiry by the Federal Energy…
December 4, 2013
Twin Cities Power Holdings, LLC recently entered into a membership interest purchase agreement to acquire all the membership interests in retail energy supplier Discount Energy Group, LLC.
December 3, 2013
In a filing rich with irony, a group of ESCOs have claimed that a New York order on the cost recovery mechanism for transmission projects meant to ensure reliability in the face of a potential shut down of the Indian Point nuclear plant, "will discriminate against competitive ESCOs."
December 2, 2013
A proposed phase-in of the new G-J local capacity zone in the New York ISO, as formally proposed at FERC by NYISO last week, won't completely shield ESCOs and customers from rate shock associated with spiked capacity prices from the new zone, an analysis by NYISO shows.
December 2, 2013
South Bay Energy Corp. is expanding to retail electric sales, according to an application for FERC market-based rate authority.
November 26, 2013
During yesterday's hearing at the Texas Senate, Donna Nelson, Chair of the Public Utility Commission of Texas, and PUCT Commissioner Brandy Marty both emphasized that, if Texas ultimately adopted a capacity mandate, the design would be unique to Texas.
November 26, 2013
Despite a capacity market and mandated reserve margin, ISO New England told FERC that it is facing a shortage of existing resources to meet its Installed Capacity Requirement (ICR).
November 25, 2013
Innov8energy, Benefit LLC has been granted electric and natural gas broker licenses by the District of Columbia PSC.
November 22, 2013
Dynegy Receives Final Approval for Acquisition of Ameren Plants, Retail Supplier
November 13, 2013
Several coalitions representing end users and industrial customers have filed a complaint at FERC regarding what complainants argue are "unjust and unreasonable" transmission rates in the Midwest ISO due to the currently used Base Returns on Equity as well as various adders.
November 4, 2013
Direct Energy Completes Acquisition of Retail Book
October 30, 2013
FERC Dismisses Retail Suppliers' Concerns Over Capacity Obligations
October 29, 2013
The New York ISO has asked FERC for rehearing of the Commission's earlier decision to establish a new capacity zone (the G-J Locality or Lower Hudson Valley zone) on May 1, 2014, for the purpose of allowing a phase-in of the new capacity zone to avoid potential "rate shock."
October 21, 2013
FERC approved a settlement between its Office of Enforcement (Enforcement) and Exelon Corporation to resolve an investigation into Constellation Energy Commodities Group's (CECG's) alleged submission of inaccurate information.
October 21, 2013
NRG Energy, Inc. has entered into a plan sponsor agreement with Edison Mission Energy (EME), certain of EME's subsidiaries, the unsecured creditors committee, certain of EME's unsecured noteholders, and other parties to acquire substantially all of the assets of EME, including its equity interests…
October 14, 2013
Retail Association of Maine Selects Exclusive Energy Procurement Consultant
October 3, 2013
A start-up retail supplier is preparing to offer retail electric and natural gas supply service.
October 2, 2013
FERC accepted but suspended for a five-month period, subject to refund, and to the outcome of a technical conference and a further order, tariff revisions altering how demand response is qualified to participate in PJM's forward capacity auctions.
September 27, 2013
PPL Corporation announced that its PPL Montana, LLC subsidiary has reached an agreement to sell its hydroelectric facilities to NorthWestern Energy for $900 million in cash, subject to certain adjustments.
September 25, 2013
Republican members of the U.S. House Energy and Commerce Committee have urged FERC, in a letter to Commissioners, to ensure that, "restructured electricity markets operate pursuant to legitimate market forces and are not becoming mere administrative constructs dependent on an increasing amount of…
September 20, 2013
"It is difficult to declare the [ISO New England] capacity market a success if a significant number of the resources that have been selected and compensated as capacity resources fail to perform as needed," Robert Ethier, Vice President of Market Development for ISO New England, said in comments at…
September 18, 2013
U.S. Gas & Electric, Inc. has sought FERC approval to enter into a reverse merger transaction under which new ownership will assume control of the company.
September 17, 2013
Showing once again its utter indifference to realities of the retail electric market, FERC has assigned unhedgeable, out-of-market costs to load serving entities, such as retail suppliers, deeming that retail suppliers "benefit" from such costs.
September 11, 2013
US Power Generating Company (USPG) today announced that it has entered into a definitive agreement and plan of merger with Tenaska Capital Management, LLC affiliates (TCM).
September 10, 2013
AEP, Dominion Retail File Settlement Over SECA Charges
