June 1, 2015
FERC Accepts ISO-NE Potential New Boundaries for Capacity Zones
FERC accpeted a filing from ISO New England that identifies two potential new boundaries for Capacity Zones for ISO-NE’s tenth Forward Capacity Auction (FCA 10).
HomeNews By StateVermont
Vermont
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
May 1, 2015
Georgia, Vermont Regulators Discuss Electric Choice
Regulators from Vermont and Georgia discussed prospects for electric choice in their states during the National Energy Marketers Association National Restructuring conference.
February 5, 2015
ISO New England Capacity Auction Results in Shortfall for New Zone, Record $4 Billion Price Tag
ISO New England's forward capacity auction for the 2018/19 delivery year resulted in a shortfall of resources for the new Southeast Massachusetts/Rhode Island (SEMA/RI) zone.
December 6, 2014
ISO New England Seeks Changes to Market Participant Financial Requirements to Protect Against "Thinly Capitalized" Retail Suppliers
ISO New England has filed at FERC proposed changes to its minimum capitalization requirements, claiming that the changes are needed to protect market participants against, "thinly capitalized," load serving entities which do not own physical assets.
September 19, 2014
N.H. PUC Opens New Proceeding to Determine Whether to Divest PSNH Utility Power Plants
The New Hampshire PUC has opened Docket 14-238 in response to HB 1602, which requires the PUC to, "commence and expedite a proceeding to determine whether all or some of PSNH's generation assets should be divested."
September 10, 2014
FERC Accepts ISO-NE Non-Market Reliability Solution, Assignment of Costs to Real-Time Load, Directs Stakeholder Process to Address 2015/16 Winter
FERC has accepted without modification ISO New England's 2014-15 winter reliability program, a series of non-market programs and compensation which are said to be needed to assure reliability.
June 2, 2014
FERC Approves Sloped Demand Curve for New England Capacity Market
FERC approved, without modification, ISO New England's proposal to introduce a sloped demand curve into its forward capacity market, effective for auction for the 2018-19 delivery year.
April 2, 2014
ISO New England Files to Implement Sloped Demand Curve for Capacity Market, Net CONE Equals $11/kW
ISO New England has filed at FERC to implement a system-wide sloped demand curve in its capacity market for Forward Capacity Auction 9 to be held in February 2015, for the 2018-19 delivery year.
February 11, 2014
Affiliate of Retail Supplier Offering $600 for Solar Referrals; Still Offering 2 Years Free Electricity
NRG Residential Solar Solutions is offering customers $600 for referring a customer who installs a solar system.
February 5, 2014
FLASH: RTO's Capacity Market Auction Ends in Shortfall of Resources to Meet Demand, Despite Tripling of Cost
ISO New England's capacity auction to procure capacity to meet a mandated reserve margin resulted in a shortfall of resources for the 2017–2018 year, the ISO said.
January 27, 2014
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…
January 21, 2014
Seven Years Later, Capacity Market Conceded by RTO To Be A "Failure"
"[R]eliability in New England is deteriorating as a result," of the "failure" of the current capacity market to reflect some of the most basic principles of a market -- higher-valued, higher quality goods should receive greater compensation than goods offering poor quality and poor service, ISO New…
January 21, 2014
What Billions in Capacity Payments Buy: Shoestring-Operated Generators Unable to Run Because No Staff is Present
In our related story today (click here) , Matters noted that unplanned outages in ISO New England have doubled since the introduction of a forward capacity market, and we reported some of the reasons given to the ISO for failure to perform.
January 21, 2014
SHOCK: Unplanned Generation Outages DOUBLE After Introduction of Capacity Market; 13% of Total Capacity Supply Obligation Offline During Heatwave
"The overall rate of unplanned outages across the entire New England generating fleet has more than doubled since 2007," ISO New England said in a filing at FERC.
November 26, 2013
SHOCK: Capacity Market Facing 1,000 MW Deficit of Existing Resources
Despite a capacity market and mandated reserve margin, ISO New England told FERC that it is facing a shortage of existing resources to meet its Installed Capacity Requirement (ICR).
November 15, 2013
Report: Vermont Committee Chair Eyes Review of Electric Choice
Vermont State Representative Tony Klein, Chair of the House Committee on Natural Resources and Energy, has stated an intent to review a form of electric choice, the Rutland Herald reports .
September 20, 2013
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…
September 5, 2013
ISO-NE Seeks to Change Capacity Market Rules Because Current Regs Have Yet to Require Capacity Resources to Perform
ISO New England has sought changes to the forward capacity market design because the current rules have never actually required capacity resources to meet performance obligations.
September 3, 2013
FERC Orders ISO-NE to Clarify Tariff Provisions Related to CFTC Exemption due to Impact on Small Retail Suppliers
On August 30, FERC conditionally accepted a tariff filing by ISO New England Inc. to reflect that market participants may qualify for an exemption from certain provisions of the Commodities Exchange Act (CEA) and Commodity Futures Trading Commission (CFTC) regulations when engaging in specified…
August 27, 2013
Capacity Market Not Enough to Keep Vermont Yankee Nuclear Plant in Operation, Entergy Announces Decommissioning
Entergy Corporation announced this morning that it plans to close and decommission its Vermont Yankee Nuclear Power Station in Vernon, Vt.
August 16, 2013
Support for Competition Decreasing in New England
While still high, support for electricity competition in New England has declined versus the year-ago, according to an annual region-wide telephone survey sponsored by the New England Energy Alliance.
July 2, 2013
ISO New England to Start Charging Sales Tax on Transactions
ISO New England has filed changes at FERC to collect sale taxes on certain transactions in the market.
July 2, 2013
New Math: Capacity Market No Longer Designed to Clear at Lowest Cost!
If tariff revisions are approved at FERC, ISO New England's forward capacity market will no longer be designed to clear the market to minimize total costs.
July 1, 2013
Reality Check: ISO With Capacity Market Forced to Rely on "Out of Market" Solutions for Reliability
ISO New England, which requires load to pay capacity to meet a mandated reserve margin, has filed at FERC "out-of-market solutions" to meet looming reliability risks due to non-performance of resources receiving capacity payments.
June 18, 2013
Capacity Markets Again Harming Retail Choice: New England States Seeking to Buy Large Hydro due to Frustration With Wholesale Market
Five New England states have announced a regional initiative to import low-cost, large-scale hydro power from Canada to, among other reasons, bring "cheaper power options" to customers.