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June 25, 2015
The California ISO, citing a lack of benefits, has asked FERC to allow the ISO to retain the current level of aggregation for load aggregation point (LAP) zones, and retail suppliers are supporting the ISO's request due to the "anti-competitive" impacts from any further disaggregation of LAPs.
November 24, 2014
FERC has denied a request from 3 Phases Energy Services, LLC for a waiver of Section 37.11.1 of the California Independent System Operator tariff, which imposes financial penalties on scheduling coordinators that submit untimely meter data.
August 13, 2014
3 Phases Energy Services, LLC has requested at FERC a waiver of Section 37.11.1 of the California Independent System Operator tariff, which imposes financial penalties on scheduling coordinators that submit untimely meter data.
February 6, 2014
The California PUC yesterday voted to open a new rulemaking on a multi-year resource adequacy requirement for load serving entities.
October 21, 2013
FERC approved a settlement between its Office of Enforcement (Enforcement) and Exelon Corporation to resolve an investigation into Constellation Energy Commodities Group's (CECG's) alleged submission of inaccurate information.
July 30, 2013
The Federal Energy Regulatory Commission (FERC) said today that it approved a stipulation and consent agreement under which JP Morgan Ventures Energy Corporation (JPMVEC) will pay $410 million in penalties and disgorgement to ratepayers for allegations of market manipulation stemming from the…
May 29, 2013
FERC has scheduled a technical conference regarding its intrusion into California's resource adequacy policy debate
May 29, 2013
A proposed decision from a California ALJ would impose a flexible capacity requirement on load serving entities, including retail suppliers, as part of the current bilateral resource adequacy (RA) framework, but would not institute the requirement for the 2014 RA year.
April 1, 2013
Just as it has done in the Northeast, FERC is setting up the California market for FERC's preferred resource adequacy construct, ordering a technical conference to "collectively" pursue solutions to "reliability," but in reality meaning generation adequacy.
February 14, 2013
A final decision from the California PUC allows Southern California Edison to procure over 2,000 MW of electric capacity to meet local capacity requirements, with the procurement eligible for cost allocation mechanism (CAM) treatment. The PUC also declined to make any changes in the CAM, such as…
February 13, 2013
PacifiCorp and the California Independent System Operator Corporation have released a memorandum of understanding that commits the two largest western U.S. grid operators to work toward creating a real-time energy imbalance market (EIM) by October of 2014.
January 23, 2013
DB Energy Trading LLC will pay a $1.5 million civil penalty, and disgorge $172,000 plus interest, to resolve a FERC show cause proceeding regarding manipulation of California power markets.
January 14, 2013
A California PUC proposed decision would advance the deadline by which electric service providers must show their monthly compliance with resource adequacy obligations.
November 19, 2012
The Federal Energy Regulatory Commission (FERC) has approved a settlement between its Office of Enforcement and Gila River Power LLC for what FERC said was, "Gila River's manipulation of power markets in California."
November 15, 2012
The Federal Energy Regulatory Commission suspended the market-based rate authority of J.P. Morgan Ventures Energy Corporation for a period of six months, to become effective on April 1, 2013, for what FERC found to be, "repeated submission of false and misleading statements" to the California ISO…
November 1, 2012
FERC dismissed, as unsupported, a complaint brought against the California ISO by Shell Energy North America regarding the definition of "complete and accurate" meter data, as Shell had said that the lack of a clear definition had led to a breakdown in the integrity of the grid-wide settlement…
October 29, 2012
FERC granted Exelon and Constellation NewEnergy, Inc. a limited, one-time waiver of section 37.11.1 of the California Independent System Operator Corporation (CAISO) tariff that was in effect prior to October 1, 2011, to avoid a penalty of $282,000 for untimely submission of settlement meter data.
October 29, 2012
FERC has approved tariff revisions from the California ISO which grant additional mitigation authority related to exceptional dispatch, and FERC also referred behavior intended to be curbed by the tariff revisions to its Office of Enforcement for formal investigation.
September 21, 2012
The Federal Energy Regulatory Commission (FERC) has initiated a proceeding into whether J.P. Morgan Ventures Energy Corp., "submitted misleading information and omitted material facts in communications with the Commission, the California Independent System Operator (CAISO) and the ISO’s Department…
September 6, 2012
FERC yesterday directed Deutsche Bank Energy Trading, LLC to show cause why it should not be assessed a civil penalty in the amount of $1.5 million for alleged violation of the Commission's anti-manipulation rules.
August 29, 2012
The California ISO has filed tariff changes at FERC, "to build upon and enhance the existing provisions of the ISO tariff that prevent exposure to excessive payments that can be caused by the exercise of market power."
August 14, 2012
Despite the mandatory capacity obligations and purchases required of California load serving entities, including competitive retail electric suppliers, the California ISO has been forced to call a "Flex Alert" -- an early warning of potential emergency conditions -- twice over the past three…
July 26, 2012
Shell Energy North America (US), L.P. has filed a complaint at FERC asking the Commission to, among other things, institute an investigation into the integrity of the settlement process administered by the California ISO.
May 23, 2012
The California PUC intends to adopt a framework for requiring load serving entities, including electric service providers, to fill flexible capacity needs by the end of 2012, for implementation in 2014, a proposed decision in the 2013 local resource adequacy (RA) proceeding states (R. 11-10-023).
March 23, 2012
The California PUC has directed Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric to enter into contract negotiations with Calpine for Calpine to maintain operation of the Sutter Energy Center, with costs recovered via nonbypassable charge.
