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November 6, 2013
"[O]ur competitive operations have been challenged, not by operational performance, but by capacity and energy markets that do not support investment in, or in some instances the operation of, generating units," FirstEnergy CEO Anthony Alexander said yesterday during an earnings call.
November 4, 2013
Direct Energy Completes Acquisition of Retail Book
November 4, 2013
ERCOT expects to have sufficient resources to meet winter and spring electricity demand, it said in a final winter assessment and preliminary spring outlook.
October 31, 2013
Exelon, the self-proclaimed leader in "competitive" generation, told investors that it will continue to pursue victories -- not in the marketplace but before the courts, regulators and legislators -- to "support our pricing" of its competitive generation assets.
October 30, 2013
FERC Dismisses Retail Suppliers' Concerns Over Capacity Obligations
October 30, 2013
Here's a quiz for our readers -- identify the state and policy position being argued from the following quote:
October 29, 2013
The New York ISO has asked FERC for rehearing of the Commission's earlier decision to establish a new capacity zone (the G-J Locality or Lower Hudson Valley zone) on May 1, 2014, for the purpose of allowing a phase-in of the new capacity zone to avoid potential "rate shock."
October 29, 2013
ConEdison Solutions has issued a white paper examining the increasing use of pass-throughs in retail electric contracts for a host of components, including capacity, NITS, and Reliability Must-Run contracts, likening the increased reliance on pass-throughs to the "baggage fees" deplored by air…
October 28, 2013
With a majority of the Public Utility Commission of Texas agreeing that the reserve margin in ERCOT should be a mandate, the question immediately implicated is the mechanism to achieve the mandate.
October 28, 2013
In a triumph of government largesse over customer choice, a majority of the Public Utility Commission of Texas have endorsed a mandated reserve margin for the ERCOT region.
October 25, 2013
Perry Capital, LLC and CarVal Investors, LLC filed comments with the Public Utility Commission of Texas yesterday stating that a, "properly designed forward capacity market is the most efficient mechanism to both achieve mandatory reserve margin requirements and satisfy [sought] fundamental…
October 24, 2013
By Paul Ring • ring@energychoicematters.com
October 23, 2013
The Dallas Business Journal has published a great interview with John Werner, President of Source Power & Gas, in which Werner warns that granting compulsory capacity payments to capacity owners in ERCOT would allow those capacity owners who also own REPs to, "use that money to undercut me and…
October 23, 2013
By Paul Ring • ring@energychoicematters.com
October 18, 2013
Consumers Energy has sought Michigan PSC approval to conduct an auction to meet its reserve requirements for the Midwest ISO Planning Year 2016 and determine if certain capacity acquisitions can achieve a net reduction in PPA, fuel and labor costs for MISO Planning Years 2014 and 2015.
October 18, 2013
A group of retail suppliers filing as the Consortium of Concerned ESCOs has petitioned the New York PSC to resolve, "discriminatory pricing practices and inequitable and anticompetitive policies regarding the allocation and access to all gas capacity assets," at KeySpan New York and KeySpan Long…
October 17, 2013
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.
October 16, 2013
Testifying before a Texas Senate hearing yesterday, Texas Public Utility Commissioner Brandy Marty said that an answer on Texas' resource adequacy questions, particularly whether a reserve margin should be mandated, should be expected by very early next year.
October 14, 2013
Another U.S. District Court has found that state-procured capacity contracts which are offered into the Reliability Pricing Model violate federal law, but this recent decision is more narrowly tailored and does not raise (as much) issues regarding states' general ability to set wholesale rates for…
October 11, 2013
The Electric Markets Research Foundation released its initial publication, a report by Navigant Consulting, Inc. comparing the development of traditionally regulated electricity markets with more recent restructured power markets often accompanied by retail customer choice.
October 10, 2013
"A more accurate assessment of the [peak load] data ... has debunked the notion that Texas needs to adopt a capacity market with subsidies to generators as high as $4 billion a year," the Texas Public Policy Foundation said in a report examining persistent over-forecasting of load in the ERCOT CDR…
October 9, 2013
What a difference a year (or state) makes.
October 9, 2013
"I'm not sure any capacity market is really a good facilitator of the actual decision to invest [in new capacity]," Dr. David Patton, President of Potomac Economics, ERCOT's Independent Market Monitor, said during a Texas workshop on resource adequacy yesterday.
October 4, 2013
The Compete Coalition has tarnished its reputation, and damaged its ability to advocate the introduction of retail choice to new markets, by wading into the Texas debate over "reliability" (meaning resource adequacy), and lending credence to the view -- oft-cited by critics of restructuring -- that…
October 4, 2013
There's some 30 states in the United States which offer customers no electric choice, and a handful more that severely limit electric choice, so it's only natural that the Compete Coalition, an organization which, "support[s] well-structured competitive electricity markets for the benefit of our…
