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November 2, 2012
American Electric Power has submitted filings to the Federal Energy Regulatory Commission (FERC) seeking approval to fully separate its Ohio generating assets from its Ohio distribution and transmission operations following an Oct. 17 decision from the Public Utilities Commission of Ohio in the…
November 2, 2012
ERCOT has released a Seasonal Assessment of Resource Adequacy (SARA) for the upcoming winter season and a preliminary outlook for spring 2013.
October 29, 2012
The Maine Public Utilities Commission has issued an RFP for long-term contracts for capacity, associated energy, and/or renewable energy credits (RECs) from qualifying resources.
October 25, 2012
Customer switching to competitive supply represented 42% of load in the AEP Ohio territory as of September 2012, AEP said in reporting third quarter earnings yesterday.
October 25, 2012
The Public Utilities Commission of Ohio approved the results of the FirstEnergy utilities' fifth wholesale default supply auction that will ultimately determine default service generation rates through May 2016
October 24, 2012
Eager to have their desired mandatory capacity market meet the Public Utility Commission of Texas' approval, several capacity owners in ERCOT said that they agree with Brattle's recommendation that a Minimum Offer Price Rule (offer floor) would not be required in ERCOT's capacity market, before…
October 24, 2012
The Brattle Group presentation on "composite" resource adequacy alternatives filed with the Public Utility Commission of Texas on October 19, 2012, "does not accurately capture or meaningfully evaluate the various stakeholder proposals that support an energy-only market, including the backstop…
October 24, 2012
ERCOT is projected to exceed or meet the target reserve margin through 2017 when including available mothballed capacity not included in the Capacity, Demand and Reserves report, the Texas Industrial Energy Consumers said in comments to the Public Utility Commission of Texas
October 23, 2012
The New York Energy Highway Task Force has released its blueprint regarding future state energy policy, which includes recommendations for repowered and new generating capacity, but does not address cost recovery of such capacity, or disposition of products from such generation.
October 23, 2012
The Midwest ISO's latest proposed changes to its capacity market, regarding the allocation of capacity obligations, are "unworkable" and reveal the flaws inherent in MISO's current methodology, the Retail Energy Supply Association said in comments to FERC.
October 23, 2012
The ERCOT reserve margin in 2014 could exceed 13.75% based on updated load forecasts, reflecting more recent economic data, and the specific start dates of several new announced units scheduled to come online in 2014, ERCOT informed the Public Utility Commission of Texas.
October 23, 2012
In developing its composite proposals on resource adequacy in Texas, Brattle omitted "critical" steps required for implementation of any "significant change" in market structure, ERCOT said in comments to the Public Utility Commission of Texas yesterday.
October 22, 2012
The Brattle Group's recommended design for a Texas mandatory capacity market would allow capacity resources whose fixed costs are subsidized by Texas ratepayers to fully earn scarcity, inframarginal energy market revenues without being subject to any clawback or offset.
October 19, 2012
The New York PSC approved, as proposed by NYSEG, the consolidation of NYSEG's remaining two Gas Supply Areas (GSAs) into a single GSA, and the adoption a system-wide weighted average cost of capacity (WACOC) for the release of capacity to ESCOs (09-G-0716).
October 18, 2012
The Public Utilities Commission of Ohio has directed AEP Ohio to make any necessary adjustments to retail supplier billings, which occurred during an "interim" period of capacity pricing, in order to reflect a clarification from PUCO regarding the capacity rate applied to certain customers during…
October 12, 2012
A FERC order regarding the application of buyer-side mitigation in the New York ISO installed capacity market could lead to a $500 million increase in customer electricity bills in 2013, the New York State Public Service Commission said yesterday in announcing that it was seeking rehearing of the…
October 11, 2012
Citing the "clandestine and exclusionary process" under which proposed changes to PJM's capacity market Minimum Offer Price Rule were developed, the Maryland PSC sought an immediate halt of PJM's fast-track "educational" process, and called for the introduction of "open and transparent" stakeholder…
October 4, 2012
PJM has released details of what has been called a "settlement" regarding changes to the minimum offer price rule (MOPR) -- an offer floor designed to limit competition in the mandatory capacity auction.
October 4, 2012
Calpine Corporation announced this morning that it has agreed to purchase an 800 megawatt power plant in Central Texas owned by Bosque Power Co., LLC, for $432 million plus adjustments, or approximately $540 per kilowatt.
October 4, 2012
NRG Texas Power LLC has filed a Notification of Suspension of Operations with ERCOT for several of the units at its SR Bertron facility, namely, units G1, G2 and GT2.
October 1, 2012
The Midwest ISO said in a FERC filing that a further review of the resource adequacy construct as accepted and modified by FERC in a June 11 Order is subject to two risks: (1) that some Planning Resource Margin Requirement may not be sufficiently accounted for and modeled at the time of the Planning…
October 1, 2012
On September 28, the Illinois Power Agency filed a proposed default service procurement plan covering the period June 2013 through May 2018 which recommends that the Illinois Commerce Commission require the utilities as well as alternative retail electric suppliers to enter into "sourcing…
September 28, 2012
The Public Utility Commission of Texas this morning elected not to act, at this time, on a proposal for adoption that would raise the ERCOT high system-wide offer cap to $9,000/MWh effective June 1, 2015, as commissioners believed that any change in the offer cap should be made in concert with…
September 26, 2012
The Michigan PSC has approved Indiana Michigan Power Company's cost of service based proposal for the creation of a state compensation mechanism to establish the charge applied to alternative retail electric suppliers for capacity provided under the I&M (AEP) Fixed Resource Requirement (FRR)…
September 25, 2012
Several ESCO parties have asked the New York PSC to phase-in the proposed introduction of system-wide weighted average cost of capacity (WACOC) releases of capacity to ESCOs at NYSEG.
