February 27, 2018
12% Of Capacity Still Underwent Forced Outage
In a report on grid performance during a recent cold snap in January 2018, PJM said that there was an 11-fold increase in uplift charges during the cold snap period (Dec. 28, 2017 to Jan. 7, 2018).
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February 26, 2018
FERC has directed Commission staff to convene a technical conference to explore issues raised in two complaints against PJM's transition to a 100% "capacity performance" product in its capacity market and the methodology by which load-serving entities’ peak-shaving actions are reflected in capacity…
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February 22, 2018
Adjusted Operating Profit, Gross Margin Up For North America Home Business Centrica Enters "Retail Partnerships" To Expand North America Home Sales Channels
Centrica's North America Business (C&I) segment delivered a, "poor financial result," in the second half of 2017, Centrica said in reporting preliminary results for the year ending December 31, 2017, due to increased competitive intensity and changes in market structure and input costs, including…
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February 20, 2018
The Maine PUC has set the Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric for the month of March 2018.
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February 15, 2018
This story was first published on February 15, with an alert to our email alert subscribers
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February 9, 2018
New Jersey's 2018 procurement of contracts for one-third of the fixed priced Basic Generation Service (BGS) default electric service portfolio resulted in contracts that are 5 percent to 9 percent less expensive than the expiring contracts from the 2015 BGS auction.
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February 9, 2018
Staff Address ORDC Changes, LOLP Changes, Extended LMP
Staff of the Public Utility Commission of Texas have filed a memo proposing certain action by the Commission in a project assessing price formation issues in ERCOT.
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January 26, 2018
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT.
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December 18, 2017
ERCOT: More Than 14,000 MW In New Generation Resources Planned By 2020
ERCOT released its latest Capacity, Demand and Reserves (CDR) report which projects a 9.3 percent planning reserve margin for summer 2018, increasing to 11.7 percent by summer 2019 as more planned generation resources begin operating.
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December 1, 2017
The Michigan PSC has set the amount for the state reliability mechanism (SRM) capacity charge at 3 more utilities that customers of alternative retail electric suppliers shall pay if their supplier fails to demonstrate that it has enough capacity into the future, or elects not to arrange generating…
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November 27, 2017
Vistra Energy, in filing for approval at the Texas PUC of its merger with Dynegy, has confirmed the units subject to a sale process, which would result in the combined entity being under the 20% market power threshold, but, to the extent the sale processes are not consummated, the company sought a…
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November 22, 2017
The Michigan PSC has set the amount for the state reliability mechanism (SRM) capacity charge that customers of alternative retail electric suppliers shall pay if their supplier fails to demonstrate that it has enough capacity into the future, or elects not to arrange generating capacity to meet the…
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November 16, 2017
Shortage Pricing Changes Would Require Load To Pay For Mandatory Excess Insurance, Similar to Capacity Market VRR Curves PJM Says Uplift Would Be Reduced
PJM Interconnection has released a proposal meant to improve wholesale energy market "price formation" and also revise the triggers for scarcity pricing, which would make scarcity pricing more frequent
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November 13, 2017
The Illinois Commerce Commission has initiated a workshop process to examine resource adequacy in MISO Zone 4 (Ameren), and several proposals to be considered in the process would impose new obligations on competitive retail electric suppliers
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October 31, 2017
Vistra, in a communication to employees, has identified several power plants under consideration for sale as a result of its proposed merger with Dynegy
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October 27, 2017
Dynegy announced support for two Illinois bills (SB2250, HB4141) that would require the Illinois Power Agency to procure capacity needs on behalf of all customers at Ameren Illinois, and require competitive retail electric suppliers to execute contracts with capacity suppliers selected by the IPA…
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October 12, 2017
The Michigan PSC issued an order in Case No. U-18444 opening a contested case proceeding for determining the process and requirements for a forward locational requirement for generation resources used to meet electric capacity obligations under Section 6w of 2016 PA 341 (Act 341).
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October 10, 2017
In comments on the Illinois Power Agency's 2018 default service procurement plan, Staff of the Illinois Commerce Commission have recommended granting the IPA additional flexibility to procure more than the targeted amount of capacity at Ameren in a spring procurement event if lower prices would make…
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September 29, 2017
Entergy Corporation announced that it plans to operate Palisades Power Plant in Covert, Michigan, until the spring of 2022, under the existing Power Purchase Agreement (PPA) with Consumers Energy.
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September 18, 2017
Adopts Capacity Showing Rules, Limits Reliance on MISO Auction To 5%
The Michigan PSC, in an order on the capacity demonstration process, ruled that LSEs, including retail suppliers, will not need to meet a locational capacity requirement for the period 2018-2021, but opened a new proceeding to determine the allocation of the forward locational requirement starting…
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September 1, 2017
Additional Proposals Meant To Spur Competition Include Virtual Releases Of Reliability Assets, Changes To Imbalance, Penalty Rules
The Pennsylvania PUC issued an advanced notice of proposed rulemaking addressing several proposed operational changes in the retail natural gas market aimed at removing barriers to retail choice.
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August 1, 2017
While the Michigan PSC said there will be enough electricity available to meet customer needs throughout Michigan in the next five years, the PSC said that it, "remains concerned," that load serving entities in the Lower Peninsula do not have adequate capacity to meet the planning reserve…
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July 13, 2017
The U.S. House of Representatives Subcommittee on Energy, chaired by Rep. Fred Upton (R-MI), announced two hearings as part of the committee’s new Powering America series.
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July 12, 2017
Dynegy Inc. has reached agreements to sell three of its generating plants for approximately $300 million.
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June 19, 2017
The Maine PUC has set the Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric for the month of July 2017
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