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January 3, 2013
Southern California Edison has petitioned the California PUC to recover costs of the 45 MW McGrath Peaker Generating Station, with such recovery applying to all "benefiting" customers, not just bundled service customers.
December 28, 2012
FERC erred in requiring the Midwest ISO to include in its tariff a mechanism allowing the Provider of Last Resort to recover, through the MISO tariff, "administrative" costs of procuring so-called "gap" capacity -- demand that is unserved due to load switching among load serving entities, MISO said…
December 28, 2012
Retail suppliers in the Midwest ISO contesting their assigned demand forecasts, and the capacity obligations inherent in such forecasts, will be subject to the MISO alternate dispute resolution process, a process which MISO concedes is, "neither rapid nor free of costs."
December 27, 2012
Bangor Hydro-Electric Company has filed at the Maine PUC to retire and remove from service its Medway #1, #2, #3, and #4 diesel generating units, as well as its Young's Corner #2 and #3 diesel generating units.
December 26, 2012
A proposed decision from the California PUC would allow Southern California Edison to procure nearly 1,800 MW in local capacity requirements, with such procurement eligible for cost allocation mechanism (CAM) treatment. The draft order would also decline to make any changes in the CAM, such as those…
December 17, 2012
Edison Mission Energy announced that it has reached an agreement with the holders of a majority of EME's $3.7 billion of outstanding public indebtedness (Noteholders) and its parent company, Edison International, that, pursuant to a plan of reorganization and pending court approval, would transition…
December 14, 2012
A report from the Consumer Federation of America (CFA) and the American Public Power Association (APPA) found, "a possible $12 billion excess payment from consumers to generating companies that do not face genuine market competition" for 2011 as a result of wholesale electric restructuring, as…
December 14, 2012
The Public Utility Commission of Texas directed Staff to develop a strawman concerning the elements that should be contained in ERCOT's Capacity, Demand and Reserves report, and other design inputs of the report.
December 13, 2012
Constellation Endorsed by Michigan Lodging and Tourism Association
December 13, 2012
The Public Utilities Commission of Ohio has initiated an investigation of the state's retail electric market, asking, among other things, whether default service should continue in its current form.
December 11, 2012
The Texas Coalition for Affordable Power has issued an update to its review of the Texas deregulated electric market, and warned that a capacity market would, "layer additional costs onto energy bills."
December 10, 2012
ERCOT this morning released its updated Capacity, Demand and Reserves (CDR) report which shows healthier reserve margins in future years beyond 2013.
December 10, 2012
Revisions to the price floor in PJM's Reliability Pricing Model capacity market filed with FERC on Friday (see prior story) , "restrict[] the freedom with which prices are established by a competitive market," the Maryland PSC said in a statement.
December 3, 2012
The previously reported Reliability Contingency Plan ordered by the New York PSC to be developed by Consolidated Edison and other parties shall include the form of Request for Proposals (RFPs) that would be issued to procure needed resources to address system reliability needs by the summer of 2016…
December 3, 2012
A power supply agreement (PSA) between Ohio Power Company and affiliate AEP Generation Resources Inc., meant to serve Standard Service Offer load for the period between the corporate separation of Ohio Power's generating assets and the start of fully auction-based SSO supply, could result in the…
November 29, 2012
Dominion East Ohio (DEO) has filed at PUCO to revise its General Terms and Conditions of Energy Choice Pooling Service, including the Energy Choice Pooling Service Agreement, to reflect supplier recommendations and conform to existing practices.
November 28, 2012
Implementation of a revised capacity market in the Midwest ISO continues to get more complex for competitive retail suppliers as FERC ordered the Midwest ISO to propose a mechanism to allow Providers of Last Resort, which are allocated any capacity obligations not accounted for in individual LSE…
November 27, 2012
Two interrelated draft decisions recently issued by the California PUC would grant retail natural gas suppliers at Pacific Gas & Electric a modicum of relief regarding the cost of capacity assigned by Pacific Gas & Electric, but would deny marketers' request for an opt-out of certain capacity…
November 26, 2012
PJM has filed a settlement at FERC to revise the Cost of New Entry (CONE) in the capacity market, with the revisions higher than an earlier PJM proposal from December 2011, and also generally higher than current values.
November 19, 2012
The Maine PUC has set the energy component for large non-residential Standard Offer rates at Central Maine Power and Bangor Hydro-Electric for the month of December.
November 15, 2012
Adopting an operating reserve demand curve in ERCOT would improve reliability, support adequate scarcity pricing, and would be fully compatible with other market-oriented policies, the existing Texas "energy only" market design, and the proposed options for long-term resource adequacy, a new paper…
November 15, 2012
Under a settlement with the U.S. Department of Justice, Exelon has agreed to make a civil payment of $400,000 to the United States Treasury to resolve allegations that Exelon violated a prior court order, which adopted conditions on its merger with Constellation, due to "inadvertent" errors which…
November 14, 2012
ERCOT is not projected to dip below the 13.75% target reserve margin until 2018 (and then only by 0.5% in 2018), according to an analysis by Texas Public Utility Commissioner Kenneth Anderson.
November 9, 2012
Duke Energy Retail results were about $7 million lower for the quarter ending September 30, 2012 versus the year-ago quarter, Duke Energy said in reporting earnings yesterday.
November 6, 2012
PJM has filed at FERC to create a new Cleveland Locational Deliverability Area (LDA) as part of the capacity obligations required to be met by load serving entities through the capacity market.
