May 28, 2013
PJM's Reliability Pricing Model Base Residual Auction for the 2016/17 delivery year saw prices for the PS Locational Deliverability Area (PSE&G) spike above $200, yet the zone attracted little new entry. Prices for other constrained zones (MAAC, ATSI) remain in triple digits.
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May 24, 2013
FERC has granted AEP Ohio's request to accept an Appendix to the PJM Reliability Assurance Agreement (RAA) to reflect the Public Utilities Commission of Ohio's adoption of a state compensation mechanism for capacity provided by AEP Ohio under the Fixed Resource Requirement plan.
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May 21, 2013
ConEdison Solutions has protested the New York ISO's filing to implement a new, local capacity zone in the ICAP market due to the asymmetric treatment of capacity imports and exports in the zone, which will lead to increased capacity prices for ESCOs.
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May 17, 2013
Just Energy reported customer growth for the three months ended March 31, 2013 in line with growth experienced during the three months ended December 31, 2012, but reported lower margins for the fiscal year ended March 31, 2013.
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May 9, 2013
Texas, with its energy-only market serving the vast majority of the state, continues to be named the most attractive state for businesses by numerous metrics, while capacity market states are largely absent from the same rankings.
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May 8, 2013
FirstEnergy reported that increased volumes of contracted sales at FirstEnergy Solutions, including retail sales, were responsible for a $38 million gain in earnings versus the year-ago quarter, but these gains were offset by negative drivers, including lower capacity revenues.
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May 6, 2013
Deregulated markets are set to enter a "death spiral," Duke Energy CEO Jim Rogers said during an annual shareholders meeting.
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May 3, 2013
FERC largely accepted revisions to PJM's minimum offer price rule (MOPR), or buyer-side mitigation policies, for the centralized capacity market, but ordered PJM to retain a unit-specific review and exemption process.
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May 2, 2013
ERCOT's May 2013 Capacity, Demand and Reserves (CDR) report shows an increase in the forecast reserve margin in 2014 to above-target levels as the delivery period approaches, which is the market behavior that is expected in an energy-only market.
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May 1, 2013
The New York ISO has filed at FERC to implement a new capacity zone under its capacity market, which would require load serving entities such as ESCOs to meet capacity obligations for such new zone.
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April 30, 2013
During Friday's earnings call, Nicholas Akins, CEO of American Electric Power, highlighted the still-challenged investment prospects for new build in PJM, despite the presence of a forward, centralized capacity market
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April 30, 2013
New England and New York could follow California in essentially re-regulating new build power generation through the use of regulator-directed procurements, Julien Dumoulin-Smith said in a note to UBS Investment Research clients.
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April 30, 2013
The trend in the retail electric sector is, "towards re-regulation; not further de-regulation," Julien Dumoulin-Smith said in a note to UBS Investment Research clients.
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April 22, 2013
Granting a complaint from demand response providers, FERC rejected, on procedural grounds, new policies instituted by PJM applicable to demand response offers in the capacity market.
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April 22, 2013
More Texas retail electric providers are offering customers demand response solutions in light of higher ERCOT price caps, David Roylance, Vice President of The Energy Professionals Association (TEPA) and Principal at Prism Energy Solutions, told EnergyChoiceMatters.com in an interview.
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April 17, 2013
The Maine PUC has set Standard Offer prices for large non-residential customers at Central Maine Power and Bangor-Hydro Electric for May.
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April 17, 2013
The Maryland PSC has struck a "regulatory out" clause from a Contract for Differences among the utilities and CPV Maryland LLC to enable the construction of a 661 MW natural gas-fired combined cycle facility in Charles County with an in-service date of June 1, 2015.
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April 16, 2013
A filing by Ohio Power Company at FERC is meant to preserve a favorable revenue stream for AEP to the extent an Ohio court overturns a decision by the Public Utilities Commission of Ohio, Industrial Energy Users-Ohio charged in a FERC filing.
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April 10, 2013
Listening to Pat Wood's keynote at the spring Gulf Coast Power Association conference, the inescapable conclusion is that electric restructuring in Texas has failed.
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April 8, 2013
The Midwest ISO has posted results from the first capacity auction under its revised Module E resource adequacy construct.
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April 4, 2013
An independent analysis prepared for the Public Utility Commission of Texas indicates that the benefits to Texas customers from Entergy Texas, Inc. (ETI) joining the Midwest ISO are at risk if certain PPAs with other Entergy operating companies are terminated upon MISO membership, as is being sought…
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April 4, 2013
Panda Power Funds has completed financing on a 758 megawatt expansion of its natural gas-fueled, combined-cycle power plant currently under construction in Temple, Texas.
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April 4, 2013
As Texas considers resource adequacy, and specifically demand response, it should view skeptically claims, especially from capacity owners, that the fastest and most effective way to develop demand response resources is to introduce a centralized capacity market.
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April 3, 2013
The New York ISO's latest auction for strip capacity prices for the summer of 2013 resulted in higher capacity prices.
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April 1, 2013
Just as it has done in the Northeast, FERC is setting up the California market for FERC's preferred resource adequacy construct, ordering a technical conference to "collectively" pursue solutions to "reliability," but in reality meaning generation adequacy.
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