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FAILURE: Paying for Mandated Reserve Margin, Capacity Market Can't Save Customers in Ohio, Pennsylvania, Michigan from Involuntary Load Shed, Outages due to Lack of Available Supply

In what is ultimately a failure of a mandated reserve margin to keep the lights on -- despite the billions of dollars in costs that it annually imposes on customers -- PJM was forced to direct utilities to involuntarily curtail tens of thousands of customers on Tuesday, due to "unseasonably" hot…

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Vectren Sells Gas Marketing Business Supplying End-Users

Vectren Corporation announced that effective June 18, 2013, ProLiance Holdings, LLC has disposed of certain of the net assets, along with the long term pipeline and storage commitments, of its wholesale natural gas marketing subsidiary, ProLiance Energy, LLC, to a subsidiary of Energy Transfer…

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FERC: AEP Formula Capacity Rate "May Be Substantially Excessive"

FERC accepted for filing but suspended for five months the formula capacity rate filed rate by Indiana Michigan Power (I&M) Company, an AEP company, that would be charged to retail suppliers taking capacity under I&M's Fixed Resource Requirement plan, as FERC's preliminary analysis, "indicates that…

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AEP Makes Official Notifications of Ohio, Texas Retirements

American Electric Power today made official notifications to regional reliability organizations PJM Interconnection and Southwest Power Pool (SPP) of the company's plan to retire more than 4,600 megawatts (MW) of coal-fueled power generation, primarily to comply with a series of U.S. Environmental…

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Indiana Retail Energy News (Page 4) | EnergyChoiceMatters.com