September 3, 2013
An owner of generation in PJM has said that the RTO's Reliability Pricing Model capacity market is "deeply flawed, and needs to be fixed on many levels."
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August 28, 2013
Capacity suppliers in ISO New England need not meet their capacity supply obligations as required under their commitment, established in the capacity market, to supply capacity during shortage hours if such capacity suppliers can demonstrate an, "inability to procure fuel or transportation," FERC…
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August 28, 2013
Another independent publication has ranked Texas as among the best climates for business, despite the narrative that "reliability" problems caused by the energy-only market and forecasts of declining reserve margins are going to keep businesses away.
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August 28, 2013
A Texas capacity market would cost $4.7 billion annually, according to a study by Charles Rivers Associates commissioned by NRG Energy, Inc. which was filed with the Public Utility Commission of Texas.
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August 27, 2013
Entergy Corporation announced this morning that it plans to close and decommission its Vermont Yankee Nuclear Power Station in Vernon, Vt.
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August 26, 2013
A FERC Staff report issued ahead of a technical conference on capacity markets in the FERC-jurisdictional RTOs confirms that current capacity market designs are not desirable for implementation in Texas, and that if Texas were to adopt a mandated reserve margin, it will need to look at novel…
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August 20, 2013
The "outlook for dire consequences" with respect to resource adequacy in Texas, "appears to be wholly overstated," a coalition of competitive electric suppliers has conceded, raising the question of why some of these same suppliers (or their affiliates) are pressing for costly administrative…
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August 19, 2013
MISO Files CONE Value Applicable to Texas Capacity Obligation
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August 19, 2013
The Maine PUC set the Standard Offer energy price for the large non-residential class in the service territory of Central Maine Power for September 2013.
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August 14, 2013
FERC has adopted without modification the New York ISO's proposal to create a new local capacity zone in the ICAP market, consisting of Load Zones G, H, I, and J (the G-J Locality), applicable to load-serving entities including ESCOs
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August 13, 2013
A year after rehearing requests were filed regarding buyer-side "mitigation" in the Midwest ISO's capacity market, FERC said that it would benefit from briefing on the issue, and set a schedule for such briefs.
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August 9, 2013
This story updated 3:30 pm ET 8/9 to reflect Crane's use of the term "nearly" impossible throughout. An earlier version has incorrectly used both the terms virtually and nearly in different places.
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August 9, 2013
Washington Gas Energy Services continues to see challenging conditions in the residential electric market, but has been able to mitigate the impact with larger volumes of commercial and industrial sales.
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August 7, 2013
The design of PJM's capacity auction has "fundamental flaws" which will not only "impede investments," but also, "impact reliability," said Anthony Alexander, President and Chief Executive Officer of FirstEnergy Corp.
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August 5, 2013
PJM has re-filed at FERC, in the form of tariff revisions, new rules proposed to be applicable to demand response capacity offers made in the Reliability Pricing Model capacity auction.
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August 5, 2013
The increased reliance on "planned" resources -- meaning new resources clearing the capacity market -- to meet the PJM mandated reserve margin has been likened by Exelon to other "issues" in the capacity market which required reforms
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August 2, 2013
Centrica's Chief Executive Sam Laidlaw demonstrated in an earnings presentation this week how introduction of a capacity market in Texas, which compels retail electric providers to provide payments to capacity owners, would destroy the Texas retail market, and leave only a handful of generation…
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July 31, 2013
Arizona Speaker of the House Andy Tobin issued a statement Tuesday urging the Arizona Corporation Commission to not pursue retail electric choice at this time, citing, "great concerns over the possible implementation of a restructured electric market in the state of Arizona," according to a report…
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July 31, 2013
Texas retail electric providers have surprisingly (or not so surprisingly when the parties involved are considered) filed harsh comments in opposition to an Operating Reserves Demand Curve (ORDC) in ERCOT.
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July 31, 2013
Barry Smitherman, current Texas Railroad Commission Chairman and former Chair of the Public Utility Commission of Texas, has urged the PUCT in a letter to the agency to allow customers to opt-out of having a communicating advanced meter.
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July 26, 2013
PJM's capacity market is a "version of socialism," American Electric Power CEO Nicholas Akins said during an earnings call yesterday.
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July 26, 2013
Calpine's President and Chief Operating Officer Thad Hill essentially conceded on an earnings call yesterday that new generating resources clearing the PJM capacity market cannot be relied upon for resource adequacy, and despite receiving assurance of a three-year forward revenue stream, still…
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July 19, 2013
Texas, with its energy-only market, is again the only state with retail electric choice rated as attractive to businesses, this time in CNBC's 2013 update to America's Top States for Business, while capacity market states are ranked as among the most undesirable states for business.
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July 17, 2013
The ERCOT board of directors deferred until September a decision to increase the target reserve margin to 16.1% from the current 13.75%.
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July 16, 2013
The Chair of the Texas Senate's Committee on Natural Resources has written a letter to ERCOT board members expressing "serious concern" on a recommendation from the Technical Advisory Committee to increase the ERCOT target reserve margin from 13.75% to 16.1%.
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