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Rhode Island

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JOKE: FERC Administratively Doubles ISO-NE Capacity Prices ($1.4 Billion Hit); Moeller Claims "Real" Reliability Benefits from Capacity Payments Even as 75% of Gas-Fired Generation Offline

FERC has administratively doubled capacity prices to be paid by retail suppliers, and their customers, in ISO New England, with Commissioner Philip Moeller brazenly trying to sell customers on the "reliability benefits" of the rate shock -- at a time when 75% of ISO-NE's gas-fired generation was…

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Retail Supplier Receives $100,000 Investment, $280,000 Grant

The Slater Technology Fund announced that it has committed an additional $100,000 to VCharge, an energy management services company whose operation includes retail electric supply in competitive markets, as part of their $1-million dollar round, bringing Slater's total investment to $600,000.

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ISO New England: "Difficult" to Call Capacity Market a Success When Resources Fail to Perform, and NERC Violation Occurs (Solution is to Borrow from Energy-Only Market!)

"It is difficult to declare the [ISO New England] capacity market a success if a significant number of the resources that have been selected and compensated as capacity resources fail to perform as needed," Robert Ethier, Vice President of Market Development for ISO New England, said in comments at…

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Rhode Island Retail Energy News (Page 6) | EnergyChoiceMatters.com