March 3, 2020
Liberty Power Holdings, LLC ('Liberty') hereby files a Complaint against Eversource Energy Company ('Eversource') and ISO-New England, Inc. ('ISO-NE') at FERC in which Liberty seeks compensation for what Liberty alleges is improperly calculated and billed charges relating to Load that was not the…
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February 20, 2020
Directs NYISO To Ensure That Exemptions For Renewables, Self-Supply Be "Narrowly Tailored"
FERC has approved a series of orders related to buyer-side market power mitigation in the New York ISO ICAP capacity market
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February 17, 2020
FERC has approved certain transactions to execute a spinoff of FirstEnergy Solutions (FES), and related competitive companies, to FES's creditors, as part of FES's bankruptcy reorganization plan
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February 13, 2020
FERC denied a motion to stay interest charges under a compliance filing from the California ISO which would implement FERC's prior order on rehearing that revised the allocation of must-offer generation commitment costs in the California ISO, and in doing so, allocated the costs to a broader group…
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January 22, 2020
Includes New Certification, Material Change Example, Reporting Requirements; NYISO Ability To Reject Applicants
FERC has approved without modification changes in its credit policy and requirements at the New York ISO
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January 22, 2020
PSC Orders Utility To Develop Time Of Use Pilot Limited To SOS Customers
In a final decision in its Modernizing the Energy Delivery System for Increased Sustainability (MEDSIS) proceeding (Power Path DC), the District of Columbia PSC endorsed the Staff recommendation for a new retail electric choice shopping website, and has already begun work on the site
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January 22, 2020
A new retail electric supplier, Hampshire Power Corporation, has applied for market-based rate authority at FERC
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January 9, 2020
Vistra Energy Reports Negative Impact On Retail Contract From Delay
At a Market Implementation Committee yesterday, PJM said that it will not conduct a Base Residual Auction for capacity until FERC rules on new price floors to be developed as a result of FERC's recent order expanding the minimum offer price rule (MOPR)
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January 9, 2020
A start-up retail energy supplier, Actual Energy, Inc., has been formed
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January 8, 2020
Vistra Energy Corp. and NextEra Energy, Inc. have applied at FERC for a series of transactions that will ultimately result in two generating assets currently co-owned by the companies to each becoming solely owned by one of the respective companies
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January 2, 2020
$12.5 Million To Be Paid To Certain Participants; Funded Via Default Allocation Assessments On PJM Members
FERC approved a settlement among PJM and numerous parties to resolve all issues concerning liquidation of the GreenHat Energy, LLC's Financial Transmission Rights (FTRs) as a result of GreenHat's default, and the July 2018 FTR auction (July Auction)
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January 2, 2020
New Federal Anti-Robocall Measures Signed Into Law
New York Governor Andrew Cuomo announced as part of his 2020 State of the State Agenda, "a comprehensive proposal to fight incessant robocalls or nuisance calls."
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December 20, 2019
Glick: "We Should Be Taking A Hard Look At Whether A Mandatory Capacity Market Remains A Just And Reasonable Resource Adequacy Construct"
In a dissent, FERC Commissioner Richard Glick said that a generator's participation in the New Jersey Basic Generation Service (BGS) auctions could trigger such unit being subject to the expanded minimum offer price rule (MOPR) in PJM's capacity market
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December 19, 2019
FERC Says Fixed Resource Requirement Remains Unchanged Illinois Stakeholders Press For State To Assume Capacity Procurement Responsibility
FERC today issued an order directing PJM to expand its current Minimum Offer Price Rule (MOPR) in the capacity market
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December 2, 2019
Verso Paper Holding LLC, an indirect, wholly-owned subsidiary of Verso Corporation, has entered into a transaction under which it will sell 100% of the equity interests of Verso Androscoggin LLC (Androscoggin), including its FERC-jurisdictional facilities, and 100% of its equity interests in retail…
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November 27, 2019
Includes New Certification, Material Change Example, Reporting Requirements; NYISO Ability To Reject Applicants
The New York ISO has filed at FERC for changes in its credit policy and requirements
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November 25, 2019
In ruling on an ISO New England compliance filing relating to electric storage participation in the wholesale market, FERC directed changes to ensure that electric storage resources will not pay both the wholesale and retail price for the same charging energy
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October 28, 2019
The Federal Energy Regulatory Commission (FERC) issued an order finding that, "Vitol Inc. (Vitol) and Federico Corteggiano (Corteggiano) (collectively, Respondents) violated section 222(a) of the Federal Power Act (FPA) and section 1c.2(a) of the Commission’s regulations, which prohibit energy…
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October 18, 2019
Directs PJM To Address Price Paid By Storage For Charging Energy When Customer Is Charged At Retail For Power
FERC issued an order addressing a compliance filing by PJM to implement FERC's prior order which directed RTOs to remove barriers to the participation of electricity storage in the RTO markets, and which held that storage shall be paid the LMP for energy sold into the RTO market.
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October 17, 2019
Retail Supplier Had Said Change Would Disrupt Long-Term Retail Contracts
FERC has approved a filing by Virginia Electric and Power Co., d/b/a Dominion Energy Virginia (Dominion) to change the calculation of Network Service Peak Load (NSPL) for transmission customers within the Dominion Zone in PJM, with FERC approving Dominion's new twelve month coincident peak (12-CP)…
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October 10, 2019
$12.5 Million To Be Paid To Certain Participants; Funded Via Default Allocation Assessments On PJM Members
PJM and numerous parties have filed a settlement to resolve all issues concerning liquidation of the GreenHat Energy, LLC's Financial Transmission Rights (FTRs) as a result of GreenHat's default, and the July 2018 FTR auction (July Auction)
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October 10, 2019
OhmConnect, Inc. has applied for electricity market-based rate authority at FERC.
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October 7, 2019
The District of Columbia PSC has published draft revisions to its SOS rule to eliminate the minimum stay on SOS for non-residential customers who return to SOS from a competitive retail supplier
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September 27, 2019
PJM issued a market notice suspending Reliability Pricing Model Base Residual Auction activities and deadlines until further notice
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September 27, 2019
Change Decreases Normal Risk Undertaken By SOS Wholesale Suppliers, Has Potential To Skew Price To Compare
The District of Columbia PSC has ordered that bidders in an upcoming Pepco SOS procurement for the June 2022 to May 2023 delivery year shall include a $0/MW-day cost for capacity in their bids, with winning bidders instead reimbursed the actual final price of capacity once determined.
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