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March 14, 2012
More than 93 percent of the total revenue paid by customers under the PJM Reliability Pricing Model has gone to the owners of existing power plants, the American Public Power Association said in a recent issue brief .
March 12, 2012
The New York ISO, "plans to revisit the possibility of evaluating the need for new capacity zones (NCZs) more frequently as it progresses through the first process cycle to evaluate and establish a new zone," but, at this time, believes that an annual examination and implementation of new capacity…
March 12, 2012
Exelon Corporation and Constellation Energy have completed their merger, effective today, in the wake of FERC's approval of the transaction on Friday.
March 8, 2012
FirstEnergy Generation Corp., a subsidiary of FirstEnergy Corp., has filed an application for a feasibility study with PJM Interconnection (PJM) to install and interconnect to the transmission system approximately 800 megawatts (MW) of new combustion turbine peaking generation at its existing…
March 7, 2012
The Public Utilities Commission of Ohio (PUCO) today established an interim two-tier capacity pricing system for AEP-Ohio. The interim capacity charges take effect immediately and will remain in place through May 31, 2012.
March 6, 2012
FERC has rejected a request from the PJM Independent Market Monitor for "clarifications" to the PJM Minimum Offer Price Rule in the capacity market, as FERC found the request to be an untimely request for rehearing.
March 6, 2012
Some 36.7% of AEP Ohio's load has switched or the associated customers have indicated the intention to switch as of March 1, 2012, AEP Ohio said in a filing with PUCO in support of its request for relief from providing capacity to all competitive load at the RPM price.
March 6, 2012
AEP Ohio intends to file a modified electric security plan by March 30, 2012 that will include, among other things, a proposed nonbypassable generation charge addressing capacity.
March 2, 2012
Consolidated Edison Company of New York, Inc. has petitioned the New York PSC for a declaratory ruling concerning its application of a Minimum Demand for the Market Supply Charge (MSC) capacity component.
March 2, 2012
ERCOT has awarded the Request for Proposal for a study to examine resource adequacy incentive factors, and factors that influence investment decisions for generation, to the Brattle Group, Inc.
March 2, 2012
The threshold for mandatory hourly pricing for default service customers at Orange and Rockland Utilities would decrease under a joint proposal from O&R, New York PSC Staff, and the New York Division of Consumer Protection (Case 11-E-0408).
March 1, 2012
FirstEnergy Solutions has opposed AEP Ohio's motion to reinstate the bifurcated capacity pricing mechanism applicable to retail suppliers, while AEP Ohio has asked FERC to expedite ruling on its complaint concerning the state compensation mechanism for capacity pricing.
March 1, 2012
The Public Utilities Commission of Ohio has ordered Cleveland Electric Illuminating, Ohio Edison, and Toledo Edison to take actions to mitigate expected capacity price increases in the Reliability Pricing Model due to the retirement of certain units owned by FirstEnergy's generation subsidiaries.
February 29, 2012
GenOn Energy, Inc. said today that it expects to deactivate 3,140 MWs of generating capacity in PJM between June 2012 and May 2015 because forecasted returns on investments necessary to comply with environmental regulations are insufficient.
February 28, 2012
Notwithstanding a Public Utilities Commission of Ohio order revoking approval of a non-unanimous stipulation governing AEP Ohio's electric security plan (ESP), including terms relating to the capacity charge applicable to retail suppliers, AEP Ohio is seeking to implement the terms of the now…
February 23, 2012
The Public Utilities Commission of Ohio (PUCO) this morning disapproved AEP-Ohio's electric security plan (ESP) as it was outlined in a settlement agreement submitted by 21 of 31 parties to the case, and initially approved by PUCO, with modifications, in December .
February 20, 2012
The Maryland PSC conditionally approved the merger of Exelon and Constellation Energy on Friday, with additional provisions relating to market power.
February 20, 2012
The Maine PUC has established an alternative process to establish Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric, and also set prices for the month of March (Docket 2011-491).
February 17, 2012
FERC approved a settlement adjusting the capacity price under the California ISO's Capacity Procurement Mechanism (CPM), and other terms of the mechanism (ER11-2256).
February 15, 2012
FirstEnergy Solutions has petitioned the Public Utilities Commission of Ohio to compel AEP Ohio to comply with certain provisions of the adopted AEP Ohio electric security plan, specifically concerning the information provided to competitive retail suppliers regarding discounted capacity and GS-2…
February 13, 2012
Calpine has recommended to the PUCT that "the obligation to serve" be "placed on the table for discussion" as the Commission contemplates resource adequacy.
February 13, 2012
It is becoming increasingly clear that the biggest threat to retail customer choice is not regulators, legislators, incumbent utilities, or consumer advocates, but rather the owners of formerly incumbent generating assets, who now seek to foreclose the retail market after successfully stopping the…
February 13, 2012
AEP's competitive retail supplier will focus on hedging AEP's competitive generation in markets in which the company is already involved and which it understands, AEP CEO Nick Akins said during an analyst conference Friday.
February 10, 2012
Calpine said this morning that it is evaluating adding at least 550 MW of new capacity in ERCOT.
February 9, 2012
The New Jersey BPU has posted results from the annual Basic Generation Service auctions.
