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February 10, 2021
The District Of Columbia Department of Energy & Environment announced a new opt-in electricity and natural gas supply aggregation for business customers called District Buying Power
February 1, 2021
Microsoft recently formed Microsoft Energy LLC, which has applied for electric market-based rate authority at FERC
January 26, 2021
A January 26 auction to determine the Retail Price Adjustment (RPA) for the Standard Choice Offer at Columbia Gas of Ohio resulted in an RPA of $1.70 per Mcf, for the period April 1, 2021 to March 31, 2022
January 26, 2021
Vectren Energy Delivery of Ohio's Standard Choice Offer auction conducted on January 25, 2021 resulted in a Retail Price Adjustment (RPA) of $1.16 per Mcf for the period April 1, 2021 through March 31, 2022.
January 11, 2021
FERC, in a 2-1 vote, approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and NRG Power Marketing LLC (collectively, the Parties) to resolve Enforcement’s investigation into whether NRG Power Marketing LLC violated the ISO New England Inc. (ISO-NE)…
January 5, 2021
Resi Station, LLC applied for electric market-based rate authority at FERC, for the Southwest Region
November 30, 2020
With FERC having recently approved the transaction (as previously reported) , NRG Energy Inc. announced that its previously reported acquisition of Direct Energy from Centrica PLC is expected to close in early January 2021, with a target date of January 5th.
November 25, 2020
FERC approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and Richard Silkman (Silkman) and Competitive Energy Services, LLC (CES) (together, Respondents) (Enforcement and Respondents collectively, the Parties) which resolves (a) the Commission's…
November 25, 2020
FERC issued an order approving the application of NRG Energy, Inc. (NRG), Direct Energy Marketing Inc. (Direct Marketing), Direct Energy Services, LLC (Direct Services), Direct Energy Business, LLC (Direct Business), Direct Energy Business Marketing, LLC (Direct Business Marketing), and Gateway…
November 19, 2020
Welcomes New Proposals From Companies To Implement Climate Goals
The Public Service Commission of the District of Columbia opened a new proceeding (Formal Case No. 1167), "to consider whether and to what extent utility or energy companies under our purview are meeting and advancing the District of Columbia to achieve its energy and climate goals and then take…
November 17, 2020
The New Jersey BPU has petitioned FERC to vacate a footnote in FERC's recent order on the Minimum Offer Price Rule which discussed the potential exemption (or lack thereof) of the New Jersey's BGS default service auction from the MOPR, as the BPU called the footnote, "non-binding dicta," that…
November 5, 2020
Capitalization, Financial Security Requirements
Staff of the Federal Energy Regulatory Commission (FERC) will convene a technical conference to discuss principles and best practices for credit risk management in organized wholesale electric markets, on February 25-26, 2021
November 5, 2020
In reporting third quarter 2020 earnings today, NRG Energy provided an update concerning the financing of its previously reported agreement to acquire Direct Energy, which is pending final regulatory approval from FERC, with the updated financing plan no longer requiring new equity issuance
October 30, 2020
During a Markets & Reliability Committee meeting, PJM staff provided an update on implementation of FERC's recent Minimum Offer Price Rule order, and, in particular, its applicability to state default service auctions for electricity supply
October 26, 2020
ArcelorMittal S.A. ('ArcelorMittal'), its indirect, wholly owned subsidiaries ArcelorMittal USA LLC ('ArcelorMittal USA') and ArcelorMittal Cleveland LLC ('ArcelorMittal Cleveland'), along with Cleveland-Cliffs Inc. ('Cliffs') and its indirect, wholly owned subsidiary AK Electric Supply LLC ('AK…
October 16, 2020
Contrary To Spin, FERC Hasn't Found Any Current SOS Auctions To Be Exempt From MOPR; Glick Suggests Any Full Requirements SOS Auction With RPS Obligation May Trigger MOPR
October 15, 2020
FERC adopted an order on rehearing and compliance regarding a PJM plan to implement a revised minimum offer price rule (MOPR) in the capacity market
October 12, 2020
(Earlier): Ohio Utilities Seek Extension In Deadline For Filing Plans For Simultaneous Dual Auctions For Default Service (Full Requirements Auction Versus Separate Energy Plus Capacity Hedge Procurement)
October 9, 2020
(Earlier): Ohio Utilities Seek Extension In Deadline For Filing Plans For Simultaneous Dual Auctions For Default Service (Full Requirements Auction Versus Separate Energy Plus Capacity Hedge Procurement)
October 8, 2020
NRG Energy Inc. announced that, on October 7, 2020, the Company received notice from the Department of Justice and the Federal Trade Commission granting early termination of the Hart-Scott-Rodino (HSR) waiting period for its previously announced Direct Energy acquisition (story here)
September 23, 2020
FERC issued an order approving the application of Just Energy Group Inc. (Just Energy), Just Energy (U.S.) Corp. (JEUS), Hudson Energy Services, LLC (HES), Just Energy Illinois Corp. (JEIL), Just Energy New York Corp. (JENY), Just Energy Pennsylvania Corp. (JEP), Just Energy Texas I Corp. (JET), and…
September 17, 2020
Just Energy Group Inc. ('Just Energy' or the 'Company') today announced that it is only awaiting the approval of the Federal Energy Regulatory Commission ('FERC') to be able to close the Company’s previously announced plan of arrangement (the 'Plan of Arrangement').
September 17, 2020
The Federal Energy Regulatory Commission (FERC) said that it approved a final rule, Order 2222, enabling distributed energy resource (DER) aggregators to compete in all jurisdictional regional organized wholesale electric markets.
September 14, 2020
The Public Utilities Commission of Ohio granted Grand Energy, LLC a natural gas supplier license as a marketer and broker to serve all customer classes in all service areas
September 1, 2020
UP Power Marketing, LLC ('UPPM' or the 'Applicant'), which had served as a retail electric supplier in Michigan, filed an application at FERC for the disposition of UPPM’s jurisdictional facilities in connection with the sale of the ownership interests of UPPM (as described further below, the…
