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August 6, 2012
Massachusetts Gov. Deval Patrick has signed S.2395 which, among other things, requires the DPU to investigate procuring capacity via long-term contracts, and directs the Department of Energy Resources to study the impacts of restructuring the New England electricity marketplace.
August 6, 2012
NYSEG has proposed consolidating its remaining two Gas Supply Areas (GSAs) into a single GSA, and adopting a system-wide weighted average cost of capacity (WACOC) for the release of capacity to ESCOs, in a report on a NYSEG and Rochester Gas & Electric gas supply collaborative filed with the New…
August 3, 2012
Duke Energy's Commercial Power segment, which includes its non-rate-regulated generating assets and competitive retail supply business, reported second-quarter 2012 adjusted segment income of $32 million, compared to $30 million in the second quarter of 2011.
August 2, 2012
The Retail Energy Supply Association has protested a compliance filing from the Midwest ISO regarding the revised Module E capacity mechanism, as RESA said that the filing does not ensure that capacity obligations in all service areas will eventually be allocated based on Peak Load Contribution, as…
July 30, 2012
The top states for business in the United States -- as judged by numerous publications -- do not rely on a capacity market, or other non-rate-regulated capacity obligations, to assure resource adequacy -- something which Texas should keep in mind given its concern with attracting jobs.
July 30, 2012
Imposing a PJM-style capacity market on ERCOT load (through their retail electric providers or LSE) would have resulted in annual capacity costs to load of $3.6 billion, using 2010 & 2011 capacity prices, Commissioner Kenneth Anderson of the Public Utility Commission of Texas said during a workshop…
July 27, 2012
During today's open meeting, Public Utility Commission of Texas Chairman Donna Nelson offered the following statement to correct inaccurate reports concerning her position on capacity markets:
July 23, 2012
Economics do not support the construction of new capacity "in this country" unless the plant is being built pursuant to a state's renewable portfolio standard, or has a bilateral contract, NRG President and CEO David Crane said today during a media call regarding the company's merger with GenOn.
July 20, 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 August.
July 19, 2012
In adopting an order on the FirstEnergy Ohio utilities' electric security plan, in which capacity prices in the constrained ATSI zone became an issue of contention, the Public Utilities Commission of Ohio said that it would continue to review the utilities' participation in future PJM Base Residual…
July 19, 2012
"Adequacy of the [FirstEnergy Ohio utility] Companies' current corporate separation is a legitimate question worthy of Commission consideration," Public Utilities Commission of Ohio Commissioner Cheryl Roberto said in a dissent concerning PUCO's approval of the FirstEnergy Ohio utilities' electric…
July 18, 2012
Indiana Michigan Power's (AEP) approach to establish a state compensation mechanism for capacity provided to retail suppliers under the Fixed Resource Requirement is "reasonable," Michigan PSC Staff said in testimony, though Staff did recommend a minor reduction in the nonbypassable capacity costs.
July 17, 2012
Net quantitative benefits of Entergy Texas, Inc. (ETI) joining the Midwest ISO are "small," and compel the Public Utility Commission of Texas to consider, "the un-quantified risks and qualitative costs and benefits of the transaction, such as the potential costs of transmission and ramifications in…
July 12, 2012
A group of capacity owners, desperate to overturn a FERC order addressing capacity obligations on load in the Midwest ISO market which the capacity owners oppose because it will not inflate capacity prices as desired, have now claimed FERC's order somehow "unduly discriminates" against retail choice…
July 11, 2012
Boston Pacific, consultant for the Maryland PSC, has filed several proposed modifications to the contract for differences between CPV Maryland and three of the state's utilities (Case 9214).
July 9, 2012
TXU Offering Sweepstakes With Jackpot Tied to Daily High Temperature
July 5, 2012
Michigan Gas Utilities Corporation has filed to return an over-recovery under its reservation charge to Gas Cost Recovery (GCR) customers only, for the 12-month period ended March 31, 2012 (U-16481-R).
July 3, 2012
The Public Utilities Commission of Ohio has adopted a final state compensation mechanism that AEP Ohio may charge to retail suppliers as compensation for a supplier's use of capacity under the AEP Fixed Resource Requirement (FRR).
July 2, 2012
Contrary to the spin offered by capacity owners, the Brattle report regarding ERCOT resource adequacy, "does not reject energy-only markets," the Texas Industrial Energy Consumers said in comments to the Public Utility Commission of Texas (40268), as TIEC also cautioned that transitioning to a…
June 25, 2012
FERC ordered that an inflation factor shall be applied to the Unit net Cost of New Entry (CONE) used in applying buyer-side mitigation to capacity sellers in the New York ISO ICAP mechanism, in ruling on a complaint filed by capacity suppliers (EL11-42).
June 25, 2012
Staff of the Public Utility Commission of Texas and IPR-GDF Suez Energy Marketing North America, Inc. have sought Commission approval of a Voluntary Mitigation Plan specifying how GDF Suez will be treated for enforcement purposes under P.U.C. Subst. R. 25.504(c) for the remainder of 2012, relating…
June 20, 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 July.
June 14, 2012
Indiana Michigan Power (AEP) has filed with the Michigan PSC proposed retail capacity rates to be paid by competitive supply customers (U-17032).
June 13, 2012
The Public Utility Commission of Texas has directed Staff to begin a process to consider recommendations contained in The Brattle Group's report on resource adequacy.
June 12, 2012
North American Power Offering Yankees Tickets with New Enrollments
