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April 20, 2012
FERC has approved a new shortage pricing mechanism at PJM which features an $850 per MWh reserve price cap, and a $2,700 per MWh combined energy and reserves price cap (ER09-1063).
April 20, 2012
The stipulated design for Entergy Texas' Competitive Generation Service (CGS) tariff has come a "long way" from the intent of the statute, PUCT Commissioner Kenneth Anderson said during a hearing yesterday, expressing disappointment concerning certain eligibility limits (38951).
April 19, 2012
Certain customers at Indiana Michigan Power Company (I&M), an AEP company, intend to take electric service from competitive suppliers in the "near future," the Michigan PSC has been informed.
April 18, 2012
Staff of the Public Utilities Commission of Ohio has sponsored testimony supporting a reduced capacity charge applicable to capacity provided to retail suppliers from AEP Ohio under the AEP Ohio Fixed Resource Requirement plan.
April 17, 2012
Ohio Power Company (AEP Ohio) has created an organization called FairEnergyOhio.org which is running television ads opposing a mechanism under which retail suppliers would be charged the Reliability Pricing Model price for 100% of capacity provided by Ohio Power Company under its Fixed Resource…
April 13, 2012
The Maryland PSC has ordered Exelon to show cause why the Commission should not conclude that Exelon violated the terms of the PSC's order approving its merger with Constellation after Exelon reported that it "inadvertently violated" (as the PSC described Exelon's characterization) market power…
April 13, 2012
The Maryland PSC has directed three of the state's investor-owned utilities to enter into a Contract for Differences to support construction of a 661 megawatt natural gas-fired combined-cycle generation plant in Charles County, Maryland, with all costs or benefits associated with the CfD borne…
April 9, 2012
Peninsula Energy Services Company Signs Supply Contract with Miami-Dade County
April 9, 2012
ISO New England has sought changes to the information provided to market participants prior to the Forward Capacity Auction (FCA) to prevent pivotal suppliers from using the information to undertake strategic withdrawals.
April 9, 2012
ISO New England's Forward Capacity Auction for the 2015-16 delivery year resulted in a higher capacity price, though the auction still hit the price floor.
April 6, 2012
Maryland Order on Long-Term Capacity Imminent
April 5, 2012
Interstate Gas Supply, Inc. has requested that PUCO direct Ohio Power Company to, "establish a collaborative to design and implement a purchase of receivables ('POR') program for residential and small commercial customers in Ohio Power's service territory."
April 4, 2012
Viridity Energy, Inc. has filed a complaint at FERC regarding the compensation provided to customers registering with one curtailment service provider (CSP) in PJM's capacity program, but who use a different CSP for energy and ancillary services (EL12-54).
April 3, 2012
Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company have informed the Public Utilities Commission of Ohio that, absent an order from PUCO insulating them from economic harm, the electric distribution companies do not plan to offer any potential energy…
April 1, 2012
FERC has approved the extension of the price floor in the ISO New England Forward Capacity Auction (FCA), and adopted a modification to the price floor (ER12-953).
April 1, 2012
On March 30, AEP Ohio submitted a modified electric security plan to govern the pricing and procurement of default service for the period starting June 1, 2012 that would freeze non-fuel base generation rates for three years, and which would limit the amount of capacity provided to retail suppliers…
March 30, 2012
The Maryland investor-owned electric distribution companies (EDCs) have informed the Maryland PSC that the existing draft contract for differences to be procured under the PSC's capacity RFP (see 9/30) poses serious risks to the EDCs and their customers if any awarded contracts become subject to…
March 23, 2012
The California PUC has directed Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric to enter into contract negotiations with Calpine for Calpine to maintain operation of the Sutter Energy Center, with costs recovered via nonbypassable charge.
March 22, 2012
American Electric Power today made official notifications to regional reliability organizations PJM Interconnection and Southwest Power Pool (SPP) of the company's plan to retire more than 4,600 megawatts (MW) of coal-fueled power generation, primarily to comply with a series of U.S. Environmental…
March 22, 2012
Indiana Michigan Power Company (I&M), an AEP company, has sought FERC approval to charge a capacity rate other than the Reliability Pricing Model clearing price for capacity it provides to retail suppliers as the Fixed Resource Requirement entity (ER12-1173).
March 20, 2012
The New York PSC has ordered Central Hudson Gas & Electric to make the necessary tariff changes to implement Weighted Average Cost of Capacity (WACOC) pricing for capacity released to retail suppliers required to accept mandatory assignment of capacity, and also approved Central Hudson's proposal to…
March 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 April.
March 16, 2012
Monitoring Analytics, LLC, the Independent Market Monitor (IMM or MMU) for PJM, has released the 2011 State of the Market Report for PJM .
March 16, 2012
Despite the clear and plain language of the PJM tariff, whose meaning has already been confirmed by FERC, PJM suggests that FERC has a role in determining the state compensation mechanism to price capacity provided by Fixed Resource Requirement entities to competitive retail suppliers.
March 15, 2012
An Ohio attorney examiner has established a procedural schedule to determine a state compensation mechanism for capacity provided by AEP Ohio to retail suppliers, while the Retail Energy Supply Association sought rehearing of PUCO's decision to grant AEP Ohio interim relief with respect to capacity…
