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September 21, 2012
A study by Christensen Associates Energy Consulting prepared for several public power organizations concludes that New York's current approach to resource adequacy, including a spot capacity auction with no multi-year forward obligation, "does not require replacement by a mandatory forward…
September 20, 2012
ERCOT has filed a report with the Public Utility Commission of Texas that, using a baseline of the May 2012 Capacity, Demand and Reserves (CDR) report, projects future reserve margins given several announced new generating plants not included in the May CDR report, as well as including additional…
September 18, 2012
Panda Power Funds today announced that its affiliate Panda Sherman Power, LLC has successfully completed the financing on its planned 758-megawatt natural gas-fueled, combined-cycle power plant in Sherman, Texas.
September 13, 2012
The Public Utility Commission of Texas this afternoon directed ERCOT to perform a backcast analysis of the resource adequacy approaches proposed in the Brattle report, including the filed stakeholder proposals which fall within or tweak the Brattle-outlined mechanisms, to determine the additional…
September 12, 2012
Texas electric rates are lower in nearly all instances than electric rates available to customers in states that rely on "capacity markets" for resource adequacy, according to a review of data conducted by EnergyChoiceMatters.com
September 11, 2012
FERC yesterday ordered the New York ISO to recalculate its determinations exempting the new 575 MW generating facility owned by Astoria Energy II LLC (Astoria II) and the 512 MW generating facility being developed by Bayonne Energy Center, LLC from the buyer-side mitigation rules, as FERC granted…
September 11, 2012
Kinder Morgan CO2 Company, L.P. filed comments at the Public Utility Commission of Texas regarding congestion in the West Zone, expressing dissatisfaction with the congestion revenue rights (CRR) process, and warning of economic consequences from continued West Zone congestion.
September 11, 2012
A contractual pass-through by retail electric providers to customers of charges meant to assure the reliability of the electric grid, "cause customer confusion and frustration," a group of retail suppliers have said.
September 7, 2012
An overview of how imposing capacity obligations on retail electric providers in Texas will inevitably lead to the demise of independent retail electric providers not subsidized by mandatory capacity payments
September 6, 2012
FERC Dismisses Astoria Generating Company Complaint
September 5, 2012
Rathvon Named Vice President for Retail Commodity Services at ConEdison Solutions
September 5, 2012
The Midwest ISO has filed Cost of New Entry values for the new Local Resource Zones under its revised resource adequacy construct.
September 5, 2012
A new Seasonal Assessment of Resource Adequacy (SARA) released by the Electric Reliability Council of Texas (ERCOT) anticipates that there will be enough power available to serve consumer needs within the ERCOT grid during the upcoming fall.
September 4, 2012
Several ERCOT generators have asked the Public Utility Commission of Texas to abandon the state's free market in exchange for a command and control approach to electricity under which the ultimate price of electricity would be driven, in large part, by the outcome of computer models and forecasts…
August 30, 2012
Algonquin Power & Utilities Corp. (APUC) has submitted to the Maine PUC a plan for the disposition of its thermal generation located within the service territory of Maine Public Service Company, in accordance with the PUC's April 30, 2012 order.
August 30, 2012
Duke Energy Ohio has filed an application at the Public Utilities Commission of Ohio to increase the level of capacity costs that it is permitted to collect, with the increase deferred for future recovery.
August 27, 2012
The Public Utility Commission of Texas will hold a workshop in Project No. 40000, Commission Proceeding to Ensure Resource Adequacy in Texas, on September 6.
August 24, 2012
Tenaska, Inc. has filed a strawman proposal with the Public Utility Commission of Texas to address resource adequacy in ERCOT, under which load serving entities would be required to meet, on a four-year forward basis, "administratively-set reliability levels," with Tenaska stating that the mechanism…
August 23, 2012
The New York PSC granted New York State Electric & Gas Corporation a temporary waiver of certain portions of the company's Gas Cost Refund tariff provision to allow a refund received by the company from Tennessee Gas Pipeline Company to be returned to non-daily metered (aggregation) gas customers as…
August 23, 2012
Central Hudson Gas & Electric has modified its tariff filing to implement Weighted Average Cost of Capacity (WACOC) pricing for capacity released to retail suppliers required to accept mandatory assignment of capacity.
August 20, 2012
Stressing that meeting a mandated reserve margin, which would require additional costs to be imposed on customers, does not guarantee that customers will never experience a capacity-related load shed, Texas Public Utility Commissioner Kenneth Anderson said on Friday that he is, "unalterably opposed"…
August 15, 2012
Occidental Power Marketing, L.P. has proposed in comments to the Public Utility Commission of Texas a limited backstop procurement mechanism to assure resource adequacy, that would provide incentives for voluntary forward contracting by load serving entities, and would have minimal impact on the…
August 14, 2012
The New York ISO has filed tariff revisions at FERC to reduce Market Participant credit requirements to participate in the ICAP Spot Market Auction, which is mandatory for load serving entities.
August 14, 2012
Despite the mandatory capacity obligations and purchases required of California load serving entities, including competitive retail electric suppliers, the California ISO has been forced to call a "Flex Alert" -- an early warning of potential emergency conditions -- twice over the past three…
August 8, 2012
The Public Utilities Commission of Ohio's order on AEP Ohio's electric security plan issued this afternoon does not fully address the recovery of deferred capacity costs at AEP Ohio, and also includes an accelerated use of auctions to procure a significant portion of default service load.
