August 23, 2021
U.S. Arm Of Tech-Focused International Retail Supplier Moves To Serve Customers In Northeast (Has Already Entered Texas)
Octopus Energy LLC f/k/a Evolve Retail Energy LLC applied for FERC electricity market-based rate authority.
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August 9, 2021
Appeals Court Remands Alleged Capacity Market Price Manipulation Complaint To FERC; Says FERC's "Breezy" Analysis That No Manipulation Occurred Lacked Support
The U.S. Court of Appeals for the D.C. Circuit has remanded to FERC a complaint concerning the results of the 2015 Midcontinent ISO capacity auction, finding that FERC's conclusion that the outcome of the auction was just and reasonable, because the auction complied with the applicable tariff…
August 3, 2021
Update: Integrated Retail Energy, DER Provider Acquires Retail Supplier
Catalyst Power REPCo LLC has taken ownership of AP Gas & Electric (NY), LLC as of August 1st, 2021
August 2, 2021
Senate Infrastructure Bill Would Empower EIA To Compel LSEs To Report "Financial Or Contractual Agreements" For Power To EIA
The U.S. Senate "infrastructure" bill (H.R.3684, S.Amdt.2137) would empower the Energy Information Administration to compel LSEs to report to the EIA financial or contractual agreements for power and generation resource type attributes
July 26, 2021
Danish Energy Marketer Entering U.S. Electricity Markets, Sells Minority Stake To Goldman Sachs
In Commodities US, LLC has applied for FERC electricity market-based rate authority
July 20, 2021
PSC Approves New Purchase Of Receivables (POR) Discount Rates
The District of Columbia PSC has approved new purchase of receivables discount rates at Pepco, to be effective July 1, 2021
July 9, 2021
Groups Ranging From Public Citizen To R Street Ask Congress For Study Of RTO Impacts On Retail Customers
Several groups ranging from Public Citizen to R Street Institute and the Energy Choice Coalition have requested that U.S. congressional leaders direct the Government Accountability Office (GAO) or other independent organization, "to examine the cost and reliability impacts of wholesale markets."
July 8, 2021
PJM Board Of Managers Approves Proposal To Address Capacity Market Reform; Addresses Default Service Auctions
PJM Interconnection's Board of Managers has approved a proposal to address what PJM termed, "long-standing concerns with the Minimum Offer Price Rule (MOPR) in the PJM capacity market."
June 29, 2021
Pennsylvania Utility Files Application To Make Market-Based Electricity Sales
Peoples Natural Gas Company LLC, a natural gas distribution utility serving western Pennsylvania, applied for FERC market-based rate authority for electricity sales
June 21, 2021
Citing Feb. ERCOT Pricing, PJM Says Administratively Limiting Prices Under Sustained Extreme Price Conditions "Could Be Helpful" To Limit Unnecessary Risk To Market Participants And Consumers
In a response to the Independent Market Monitor's state of the market report, PJM said that, "PJM believes that provisions to administratively limit prices under sustained extreme price conditions could be helpful to limit unnecessary risk to market participants and consumers."
June 18, 2021
FERC Sets Demand Response Opt-Out for Further Consideration
The Federal Energy Regulatory Commission (FERC) said that it will take a further look at whether participation by demand response resources in distributed energy resource (DER) aggregations in regional wholesale markets should be subject to the opt-out, opt-in requirements established in Order Nos…
June 18, 2021
FERC Issues Guidance On Justification For Sales Above WECC Soft Price Cap
FERC issued an order providing guidance regarding the $1,000/MWh soft price cap in the Western Electricity Coordinating Council (WECC).
June 16, 2021
Energy Marketer To Pay $1 Million Under Settlement With FERC Concerning Alleged Price Manipulation
FERC approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and Shell Energy North America (US), L.P. (SENA) (collectively, the Parties) to resolve Enforcement’s investigation under Part 1b of the Commission’s regulations, 18 C.F.R. Part 1b (2020)…
June 7, 2021
International Retail Supplier Which Recently Launched In Texas Takes Steps For Potential Expansion Into Other U.S. Markets
Bulb US LLC and Bulb Energy US Inc. have each applied at FERC for electricity market-based rate authority.
June 1, 2021
Integrated Retail Energy, DER Provider Enters LOI To Acquire Another Retail Supplier
Catalyst Power REPCo LLC ('Catalyst Power REPCo' or 'Buyer') has signed a letter of intent for a transaction under which it will acquire 100% of the limited liability company interests in AP Gas & Electric (NY), LLC ('AP-NY' or 'Applicant')
May 12, 2021
Update: Utility Revises Recently Proposed Update To POR Discount Rate, Increase No Longer Proposed
Pepco in the District of Columbia has filed a revision to its proposed new purchase of receivables (POR) discount rates, such that it now proposes to maintain the residential POR discount at 0%, rather than increasing it to 1.2443% as previously reported
April 26, 2021
BP Working To Launch Retail Energy Supplier In U.S.
BP has formed BP Energy Retail LLC and is applying for retail energy supplier licenses in several U.S. states
March 26, 2021
PSC Directs Workgroup To Develop Plan To Implement Green Button Connect My Data
The District of Columbia PSC reconvened the Customer Impact Working Group ('CIWG') to resolve the issues raised by Pepco in a report concerning Green Button Connect My Data (CMD), and to develop a plan for implementing Green Button Connect My Data (CMD) in the District.
March 16, 2021
Mitsubishi Subsidiary Creates New Retail Energy Company In U.S.
Diamond Retail Energy, LLC applied for FERC market-based rate authority
February 24, 2021
Updated: Exelon Evaluating "All Options" With Respect To ERCOT Business
Exelon To Spin-off Its Competitive Retail Supply, Generation Business Into Separate Company; Exelon Will Focus Solely On Regulated Utilities
February 19, 2021
FERC Terminates Grid Resilience Proceeding
FERC has terminated Docket No. AD18-7, a proceeding addressing, "Grid Resilience in Regional Transmission Organizations and Independent System Operators."
February 19, 2021
FERC To Hold Technical Conference On Resource Adequacy In The Evolving Electricity Sector
FERC has scheduled a technical conference on resource adequacy in the evolving electricity sector
February 19, 2021
FERC Vacates Footnote That Suggested NJ Default Service Auction Constituted State Subsidy To Generators, Would Be Subject To Minimum Offer Price Rule
FERC has vacated a prior footnote, in an order on the Minimum Offer Price Rule in the PJM capacity market, which had suggested that New Jersey's basic generation service (BGS) default service auction did not meet the PJM tariff exemption that holds that fuel-neutral SOS auctions do not trigger the…
February 17, 2021
Update: New Retail Supplier Led By Market Vet Discloses Ownership
Polaris Power Services LLC, a start-up retail supplier whose formation was first reported by EnergyChoiceMatters.com last year , filed for market-based rate authority at FERC, and in doing so disclosed ownership and other relevant information
February 12, 2021
Southeast Utilities Submit Filing With FERC For Proposed "Advanced" Bilateral Market Platform
The Southeast Energy Exchange Market (SEEM) members have filed with the Federal Energy Regulatory Commission (FERC) for the approval of an automated, intra-hour energy exchange