November 7, 2012
FERC Slaps Down Pennsylvania PUC Concerns Over Shortage Pricing in PJM
FERC has again dismissed concerns raised by the Pennsylvania PUC regarding shortage pricing in PJM, in denying a request for rehearing of an earlier FERC order.
FERC
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
November 6, 2012
NRG Energy Moving Forward with Deployment of EV Charging Network in California
NRG Energy, through its eVgo subsidiary, is moving forward with its deployment of an electric vehicle (EV) charging network in California after FERC approved a settlement under which NRG Energy will deploy the network.
November 6, 2012
PJM Seeks to Create Cleveland Locational Deliverability Area for Load Serving Entities' Capacity Obligations
PJM has filed at FERC to create a new Cleveland Locational Deliverability Area (LDA) as part of the capacity obligations required to be met by load serving entities through the capacity market.
November 2, 2012
AEP Files at FERC to Terminate Pool Agreement, Separate Ohio Generation from Utility
American Electric Power has submitted filings to the Federal Energy Regulatory Commission (FERC) seeking approval to fully separate its Ohio generating assets from its Ohio distribution and transmission operations following an Oct. 17 decision from the Public Utilities Commission of Ohio in the…
November 2, 2012
Start-up Star Energy Partners Preparing Retail Market Entry; FirstEnergy Holds Minute Voting Interest in Company
A new start-up retail supplier led by Tony Banks, called Star Energy Partners, is preparing to launch operations.
November 1, 2012
FERC Dismisses Complaint Regarding California ISO Meter Data, Settlement Process
FERC dismissed, as unsupported, a complaint brought against the California ISO by Shell Energy North America regarding the definition of "complete and accurate" meter data, as Shell had said that the lack of a clear definition had led to a breakdown in the integrity of the grid-wide settlement…
November 1, 2012
FERC Proposes $435 Million Penalty for Barclays Alleged Manipulation
FERC yesterday issued a show cause order and notice of proposed penalty against Barclays Bank PLC and individual traders Daniel Brin, Scott Connelly, Karen Levine, and Ryan Smith, as FERC alleged that they manipulated the electricity markets in and around California from November 2006 to December…
October 29, 2012
FERC Reduces Constellation Penalty in CAISO
FERC granted Exelon and Constellation NewEnergy, Inc. a limited, one-time waiver of section 37.11.1 of the California Independent System Operator Corporation (CAISO) tariff that was in effect prior to October 1, 2011, to avoid a penalty of $282,000 for untimely submission of settlement meter data.
October 29, 2012
FERC Approves Mitigation Measures for CAISO Exceptional Dispatch, Refers Behavior to Office of Enforcement
FERC has approved tariff revisions from the California ISO which grant additional mitigation authority related to exceptional dispatch, and FERC also referred behavior intended to be curbed by the tariff revisions to its Office of Enforcement for formal investigation.
October 23, 2012
Retail Suppliers: Latest Midwest ISO Capacity Market Mechanism "Unworkable"
The Midwest ISO's latest proposed changes to its capacity market, regarding the allocation of capacity obligations, are "unworkable" and reveal the flaws inherent in MISO's current methodology, the Retail Energy Supply Association said in comments to FERC.
October 12, 2012
New York PSC: FERC Capacity Market Order to Cost Customers $500 Million in 2013
A FERC order regarding the application of buyer-side mitigation in the New York ISO installed capacity market could lead to a $500 million increase in customer electricity bills in 2013, the New York State Public Service Commission said yesterday in announcing that it was seeking rehearing of the…
October 11, 2012
Maryland PSC: PJM Process for Changes to Capacity Market Offer Floor "Tainted"
Citing the "clandestine and exclusionary process" under which proposed changes to PJM's capacity market Minimum Offer Price Rule were developed, the Maryland PSC sought an immediate halt of PJM's fast-track "educational" process, and called for the introduction of "open and transparent" stakeholder…
October 11, 2012
MP2 Energy Expanding to Additional Northeast States
MP2 Energy has formed several additional retail suppliers to enter two new states.
October 10, 2012
Retail Supplier Collegiate Clean Energy, LLC Preparing to Launch Operations
A new retail supplier called Collegiate Clean Energy, LLC is preparing to launch operations.
October 4, 2012
PJM Releases Details of Revised Offer Floor in Capacity Market -- Dares States to Re-regulate
PJM has released details of what has been called a "settlement" regarding changes to the minimum offer price rule (MOPR) -- an offer floor designed to limit competition in the mandatory capacity auction.
October 1, 2012
MISO Says FERC-Approved Capacity Mechanism Could Result in Some Retail Suppliers Over-paying
The Midwest ISO said in a FERC filing that a further review of the resource adequacy construct as accepted and modified by FERC in a June 11 Order is subject to two risks: (1) that some Planning Resource Margin Requirement may not be sufficiently accounted for and modeled at the time of the Planning…
September 24, 2012
Exchange Transaction to Create Crius Energy from Regional Energy Holdings, Inc., Public Power, LLC Consummated
An exchange transaction designed to consolidate the retail suppliers held by Regional Energy Holdings, Inc. (including Viridian Energy and other companies) and Public Power, LLC under the ownership of Crius Energy LLC has been consummated, Crius Energy informed FERC.
September 24, 2012
FERC To Require e-Tag, Exchange/Broker Data in EQR Reports
FERC has issued a final rule to require the filers Electric Quarterly Reports (EQRs), such as retail suppliers with market-based rate authority, to submit e-Tag IDs for each transaction reported in the EQR if an e-Tag was used to schedule the transaction.
September 21, 2012
FERC Initiates Proceeding into Actions by JP Morgan
The Federal Energy Regulatory Commission (FERC) has initiated a proceeding into whether J.P. Morgan Ventures Energy Corp., "submitted misleading information and omitted material facts in communications with the Commission, the California Independent System Operator (CAISO) and the ISO’s Department…
September 20, 2012
Affiliate of Entrust Energy Preparing Retail Market Launch in Northeast
A retail supplier affiliated with Texas retail electric provider Entrust Energy has filed for FERC market-based rate authority as part of its coming entry into the Northeast retail markets.
September 14, 2012
Start-up Eligo Energy, LLC to Launch Retail Supplier
A new start-up called Eligo Energy, LLC will soon be entering the retail electric markets in several states.
September 11, 2012
FERC Orders NYISO to Re-test Capacity Units' Exemption from Buyer-Side Mitigation Using New Data
FERC yesterday ordered the New York ISO to recalculate its determinations exempting the new 575 MW generating facility owned by Astoria Energy II LLC (Astoria II) and the 512 MW generating facility being developed by Bayonne Energy Center, LLC from the buyer-side mitigation rules, as FERC granted…
September 6, 2012
Briefly
FERC Dismisses Astoria Generating Company Complaint
September 6, 2012
FERC Issues Show Cause Order to Deutsche Bank Energy Trading, LLC Regarding Alleged Manipulation
FERC yesterday directed Deutsche Bank Energy Trading, LLC to show cause why it should not be assessed a civil penalty in the amount of $1.5 million for alleged violation of the Commission's anti-manipulation rules.
September 4, 2012
License Briefs
Dynamis Energy, LLC Seeks License in New State