October 27, 2011
PUCT Majority Agrees on New Non-Spin Price Floors for ERCOT
The PUCT agreed, by a 2-1 margin, to set new offer floors for Non-Spinning Reserve Service (NSRS).
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October 26, 2011
Briefly
Entrance Software Offers Mobile App for CORE Customer Acquisition, Management Solution
October 21, 2011
FERC Adopts Final New Compensation Mechanism for Regulation Service
FERC yesterday adopted as final new rules for the compensation of regulation service in the jurisdictional RTOs, retaining a capacity payment and adding a performance-based payment (RM11-7).
October 17, 2011
TIEC Says "Compromise" Non-Spin Price Floors Would Have Raised Average Prices by $50/MWh
Imposing Non-Spinning Reserve Service (NSRS) price floors in ERCOT under the "compromise" proposal would have increased average prices by $46.49/MWh in 2011, if the low system offer cap [LCAP] were not applied, the Texas Industrial Energy Consumers said in comments to the PUCT.
September 29, 2011
N.Y. PSC Says PSC Consent Required for Termination of Blackstart Service
The New York PSC issued a declaratory ruling yesterday finding that generators are required to obtain the Commission's consent, pursuant to Public Service Law (PSL) §70, to discontinue blackstart service (11-E-0423).
September 1, 2011
Saying More Data Needed, PUCT Directs ERCOT to Study Various Non-Spin Proposals
The PUCT will allow ERCOT and stakeholders to move forward with several consensus changes meant to address the energy market pricing impact from deployment of certain ancillaries, but said that it needed more analysis before adjudicating more substantive changes, including whether to adopt the…
August 29, 2011
Briefly
ICEA, RESA Seek Rehearing of ComEd POR Order
August 23, 2011
Briefly
NRG Texas Power to Pay $35,000 to Resolve Investigation of Ancillaries Obligation
August 23, 2011
PUCT Debates Whether Offer Cap Adjustment More Efficient Than NSRS Reforms in Incenting New Generation
PUCT Commissioners yesterday debated whether adjusting the offer cap or Power Balance Penalty Curve may ultimately be a more efficient means of assuring resource adequacy versus changes in Non-Spinning Reserve Service (NSRS) and Reliability Unit Commitment (RUC).
August 23, 2011
Clean Currents Leads Retail Energy Companies in Inc. Rankings
Clean Currents led retail supply-related companies in this year's Inc. Magazine 500/5000 rankings of revenue growth at private companies from 2007 to 2010.
August 22, 2011
CPS Energy Suggests Higher ERCOT Energy Market Cap, Proposes Alternative NSRS Offer Floors
The current ERCOT market design, "may encourage other retailers to rely too heavily on short-term markets for supply," TXU Energy said in comments to the PUCT regarding changes to Non-Spinning Reserve Service (NSRS).
August 22, 2011
FERC Opens Probe of Manipulation of California Bid Cost Recovery Mechanism
FERC has opened a non-public, formal investigation regarding energy market manipulation that may have occurred in connection with certain bidding practices which artificially increased payments under the bid cost recovery mechanism in the California ISO (ER11-3856).
August 19, 2011
Texas Generators Endorse LCRA Compromise for Offer Floor for Non-Spin, RUC Service
Several generators are supporting a compromise proposal from the Lower Colorado River Authority to address the depressing energy price impacts from deployments of Non-Spinning Reserve Service in ERCOT, which would, among other things, set a minimum offer floor for online and offline Non-Spinning…
August 3, 2011
PUCT Sets Goal to Modify Non-Spin By End of Year, Schedules Workshop
The PUCT will hold a workshop on August 22 regarding issues related to non-spin in ERCOT, and various proposed modifications.
July 11, 2011
PUCT Directs ERCOT to Study Potential Adjustments to Offer Curves When Non-Spin, RUC Deployed
The PUCT has directed ERCOT to examine potential adjustments to the offer curves when Non-Spin or Reliability Unit Commitment is deployed for reliability purposes, to preserve scarcity pricing signals.
July 1, 2011
PUCT Identifies Two Near-Term Actions to Address Energy-Market Pricing Effects from Ancillary Deployment
The PUCT has focused attention on two relatively near-term solutions to reduce the pricing effects that various ancillary service deployments have on energy market prices in ERCOT. Specifically, such deployments tend to depress energy prices, reducing scarcity prices needed to incent new investment.
June 30, 2011
ERCOT Generators Plea for "Help" from PUCT
Calls for various changes in the ERCOT energy-only market design amount to generators seeking "help" from the PUCT in building new generation.
May 31, 2011
Texas Legislature Defines Electric Storage as Generation
The Texas legislature has enrolled and sent to the governor SB 943, which defines electric storage as generation.
May 10, 2011
StarTex's Bob Zlotnik Raises Concerns on REP Disclosures; Use of Non-Spin
Greater enforcement of retail pricing plans and disclosures in Texas is needed given some of the current practices in the market, said StarTex Power CEO Bob Zlotnik.
March 25, 2011
PUCT Grants ERCOT Authority to Procure Additional EILS Resources for April through May
The PUCT yesterday granted ERCOT the authority to procure additional Emergency Interruptible Load Service (EILS) under a new contract period, limiting such emergency authority to April through May 2011 (2/28) .
March 23, 2011
PUCT Staff Recommends Approval of Emergency EILS Procurement
PUCT Staff have recommended that the Commission allow ERCOT to procure additional Emergency Interruptible Load Service (EILS) under a new contract period, and that the Commission limit such emergency authority to April and May 2011 (2/28) .
March 4, 2011
PUCT to Restart Work on Resource and Reserve Adequacy, Shortage Pricing Project
The PUCT has directed Staff to restart work on Project 37897, which was originally opened as a proceeding relating to resource and reserve adequacy and shortage pricing (see 1/20/10) .
February 28, 2011
ERCOT Seeks Emergency Authority for New EILS Procurement
ERCOT has filed an emergency petition with the PUCT to allow ERCOT to procure additional Emergency Interruptible Load Service (EILS) under a new contract period, and without the otherwise required 90 days notice, due to the exhaustion of allowable deployments of EILS resources in the current period…
February 18, 2011
FERC Issues NOPR to Increase Compensation to Fast-Responding Providers of Frequency Regulation
FERC yesterday issued a Notice of Proposed Rulemaking (RM11-7) to establish uniform compensation for frequency regulation service in the jurisdictional RTOs, stating that faster-ramping resources may be under-compensated for their services.
January 7, 2011
SDG&E Seeks Authorization to Acquire El Cajon Energy Facility
San Diego Gas & Electric applied at the California PUC for authority to acquire the El Cajon Energy Facility from CalPeak Power for a total purchase price of $16.8 million, to be recovered in rates with an annual revenue requirement of $4.4 million in 2012 (A. 11-01-004).