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January 4, 2016
FERC found that using a capacity supplier's opportunity costs of selling capacity in PJM is not a just and reasonable basis for setting the mitigation of capacity supply offers in the Midcontinent ISO capacity market, and ordered that such provisions be stricken from the MISO tariff
December 29, 2015
FERC yesterday issued an order finding that ISO New England Inc.’s (ISO-NE) forward capacity market tariff is unjust, unreasonable, unduly discriminatory or preferential, "because it applies vertical demand curves within constrained zones, which does not sufficiently address concerns such as price…
December 23, 2015
As in prior years, the Michigan PSC has ordered electric utilities and other load-serving entities (LSEs), including retail suppliers, to file assessments of their plans for meeting customer loads during the 2016 to 2020 timeframe.
December 17, 2015
The Maine PUC has set the monthly Standard Offer rate for the large non-residential classes at Central Maine Power for the month of January 2016
December 2, 2015
ERCOT's latest Capacity, Demand and Reserves (CDR) report shows that reserve margins are expected to exceed 15 percent through 2025.
November 23, 2015
FERC rejected several concerns raised by retail suppliers in accepting a compliance filing concerning the Midcontinent ISO's capacity market
November 20, 2015
FERC denied a complaint from a coalition of consumer representatives, including the New Jersey Board of Public Utilities and Delaware Public Service Commission, which had requested that FERC direct PJM to update its 2015 PJM Region Peak Load Forecast values, for purposes of the Capacity Performance…
November 3, 2015
The Electric Reliability Council of Texas (ERCOT) expects the region will have sufficient electricity to meet expected peak demands this winter.
October 19, 2015
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 November 2015.
October 13, 2015
Calpine announced that it has agreed to acquire the Granite Ridge Energy Center from Granite Ridge Holdings, LLC for $500 million, or approximately $671 per kilowatt, subject to working capital adjustments.
October 9, 2015
A new report, PJM’s "Capacity Performance" Tariff Changes: Estimated Impact on the Cost of Capacity, commissioned by the American Public Power Association (APPA) estimates the cost impact on consumers of PJM’s recent Capacity Performance (CP) package of changes to its Reliability Pricing Model (RPM)…
October 6, 2015
The New Hampshire PUC approved a settlement agreement between Liberty Utilities (EnergyNorth Natural Gas) and the Commission Staff and approved a 20-year contract for long-term, firm natural gas pipeline capacity on the proposed Northeast Energy Direct pipeline.
October 5, 2015
The Massachusetts DPU issued an order finding that it has authority to review and approve contracts entered into by electric distribution companies to expand natural gas pipeline capacity
October 5, 2015
FERC will hold a technical conference on October 20 concerning market power mitigation in the Midcontinent ISO capacity market, and related market design issues
October 2, 2015
FERC disclosed yesterday that shortly after the conclusion of the 2015/16 Planning Resource Auction (capacity auction) conducted by Midcontinent Independent System Operator, Inc. (MISO) in April 2015, the Commission’s Office of Enforcement began a non-public informal investigation under Part 1b of…
September 29, 2015
The Illinois Power Agency has filed with the Illinois Commerce Commission its 2016 procurement plan for default service power suppliers.
September 18, 2015
As part of its "reset" (see story today) , NRG Energy announced that it is actively pursuing the sale of certain conventional generating assets.
September 18, 2015
The Illinois Power Agency has sorted results from its fall procurement for default service energy and (for Ameren) capacity for various periods through May 2018.
September 18, 2015
FERC proposed two measures meant to raise electric rates in wholesale energy markets, under the pretext that the markets are not properly reflecting scarcity when warranted (Docket RM15-24)
September 10, 2015
Exelon Corporation announced that all of its nuclear plants in the PJM market cleared in the transition capacity auction for the 2017-18 planning year and that the company will defer any decisions about the future operations of its Quad Cities and Byron nuclear plants for one year.
September 10, 2015
Retail suppliers are facing a 23% increase in capacity prices for the 2017/18 versus the prices established in the base residual auction as a result of the capacity performance transitional auction held this week
September 2, 2015
The Electric Reliability Council of Texas (ERCOT) expects to have sufficient generation available to serve forecasted peak demands in the upcoming fall and winter months, it said in releasing its final Seasonal Assessment of Resource Adequacy (SARA) for fall and the preliminary outlook for the…
September 1, 2015
Exelon Corporation announced that all of its Illinois nuclear plants in PJM cleared in the transitional capacity auction for the 2016-17 planning year, which included a capacity performance product
September 1, 2015
While retail suppliers have more lead time to account for the higher capacity performance prices under the initial base residual auction featuring the new performance product for the 2018/19 delivery year (click here for recent results) , retail suppliers are facing a near doubling of capacity…
August 26, 2015
FERC has denied a complaint by retail suppliers to require PJM to clear the transitional incremental capacity performance auctions in a manner which minimizes costs, as FERC Chairman Norman Bay said in a dissent that FERC's denial of the complaint, "authorizes PJM to impose costs on consumers with…
