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NiMo To Require ESCOs To Take Capacity Under New Mandatory Capacity Release For New Core Service; Will Cease Adding Capacity Exempt Customers

National Grid Calculates New Backout Credits, Billing Charges To ESCOs Updates Merchant Function Charge, POR Discounts

As part of a rate case newly filed with the New York PSC, Niagara Mohawk (National Grid, NiMo, or "the Company") is proposing to close its non-core daily balancing transportation service to new customers, and is proposing to offer a new core daily balancing transportation service, which will require…

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ESCO Asks New York PSC To Divert Uncommitted Funds From Public Policy Surcharges To Support ESCOs Facing Financial Difficulty From Pandemic, Related Issues

ESCOs Serving C&I Customers, "Are Losing Money At A Rapid And Unsustainable Rate"

Comments filed on behalf of Aggressive Energy LLC (AE) at the New York PSC, in a proceeding on COVID-19, proposed that the PSC allocate a portion of previously collected, and uncommitted, funds from various public policy riders to provided financial relief to ESCOs which are experiencing an…

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Retail Suppliers Oppose New Jersey Fixed Resource Requirement

Exelon, PSEG Propose FRR, Allocation Of Capacity Costs To Retail Suppliers Clean Energy Group Urge Consideration Of Long-Term Contracts For BGS

Various retail suppliers filed comments with the New Jersey BPU opposing, or otherwise expressing concerns with, a Fixed Resource Requirement (FRR), while PSEG and Exelon Generation Company, LLC proposed an "Integrated FRR Procurement" to address resource adequacy and clean energy goals in light of…

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Report Prepared For New York DPS Offers Novel Co‐optimized Capacity & Clean Energy Procurement Obligation On ESCOs, LSEs To Address Buyer-Side Mitigation

Report Says Existing ICAP Buyer-Side Mitigation Rules To Cost Nearly $1 Billion Per Year, Double Under Expansion

Reports from The Brattle Group addressing quantitative and qualitative analyses of resource adequacy, structures prepared for the New York Department of Public Service and NYSERDA, include a novel Co‐optimized Capacity & Clean Energy Procurement mechanism for LSEs such as ESCOs to meet various…

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FERC Rules That State Default Service Auctions Are "State Subsidies" For Purposes Of PJM Capacity Market Minimum Offer Price Rule (MOPR)

Finding On SOS Contracts Has, "Sweeping Consequences For The Retail-Choice States," FERC's Glick Says FERC Says Voluntary RECs Are Not A State Subsidy, But Makes No Finding On Potential Broader Capacity Market "Distortions"

FERC Also Says Voluntary REC Generators Must Ensure Purchasers Do Not Resell RECs For RPS Compliance, In Order To Receive MOPR Exemption

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Utilities Seek Delay In Default Service Auction

The Maryland electric utilities have petitioned the PSC to delay a scheduled April 2020 SOS procurement to a previously contemplated alternative date, in light of pending potential changes to the SOS product due to delays in the PJM capacity auction, and the current circumstances surrounding…

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New Jersey BPU Opens Resource Adequacy Proceeding To Consider Leaving PJM Capacity Market

Seeks Comments On Changes To Default Service; State Power Authority, Portfolio Manager

The New Jersey Board of Public Utilities formally initiated a proceeding, "to examine whether New Jersey can achieve its long-term clean energy and environmental objectives under the current resource adequacy procurement paradigm and, if not, recommend how best to meet New Jersey’s resource adequacy…

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Capacity News (Page 10) | EnergyChoiceMatters.com