June 2, 2011
The National Energy Marketers Association has asked FERC to clarify its proposal prohibiting multiple affiliates from bidding in open seasons for pipeline capacity, and prohibiting the release of capacity to affiliates, in terms of how the proposal would affect state retail choice programs and…
Click for More
June 1, 2011
Note : ERCOT has issued corrected numbers after releasing its initial data. The updated numbers can be found here . While there are some slight changes in the projected reserve margins, the revisions do not lead to a projected reliability violation where there was not one previously, or vice versa…
Click for More
May 31, 2011
The Midwest ISO ignored the fact that its Module E Resource Adequacy construct, regardless of whether an auction is used to procure capacity, has imposed new costs on load that would otherwise not be required, and that such costs would be imposed on customers at Entergy Texas should it join MISO.
Click for More
May 27, 2011
The Maine PUC has amended its rules regarding long-term generation contracting by the utilities to reflect updated legislation.
Click for More
May 24, 2011
San Diego Gas & Electric has sought approval at the California PUC for three power purchase tolling agreements (PPTAs) totaling 450 MW of local peaking power which SDG&E said are needed for local reliability, and accordingly sought to recover costs through a nonbypassable surcharge.
Click for More
May 24, 2011
The California PUC has issued a proposed decision establishing local procurement obligations for 2012 and further refining the resource adequacy program (Rulemaking 09-10-032).
Click for More
May 23, 2011
In addition to previously announced divestitures, Constellation Energy and Exelon have committed to sell 500 MW of baseload energy under contracts that will extend through the end of 2014 as part of seeking approval of their merger at FERC.
Click for More
May 16, 2011
The Illinois Commerce Commission has posted results from the May RFP for both energy and capacity for default service customers at Ameren.
Click for More
May 16, 2011
PJM's Base Residual Auction for the 2014-2015 Delivery Year produced a clearing price, for all resources except Limited Demand Response, of $125.99/MW-day for the Rest of RTO region, a spike of nearly $100 versus the 2013-2014 clearing price of $27.73/MW-day.
Click for More
May 13, 2011
Entergy's comprehensive evaluation of alternative transmission arrangements, in which it justifies its selection of Midwest ISO membership, essentially dismisses capacity costs as a potential cost to ratepayers under the MISO option.
Click for More
May 13, 2011
The PUCT needs to consider "non-quantifiable" metrics as it studies the future of Entergy Texas, PUCT Chairman Barry Smitherman said during yesterday's open meeting.
Click for More
May 13, 2011
The Fixed Resource Requirement (FRR) alternative to the PJM Reliability Pricing Model capacity auctions is "effectively unavailable" to any state with retail choice, the Maryland PSC said in a rehearing request at FERC, which begs the question, if Maryland and New Jersey are unable to overturn…
Click for More
May 13, 2011
Capacity markets do not appear to produce the results they are designed to produce, while engendering significant litigation and conflict between consumers and generators, PUCT Chairman Barry Smitherman said during yesterday's open meeting.
Click for More
May 12, 2011
Exelon Corporation has inked an agreement to acquire Wolf Hollow, a combined-cycle natural gas-fired power plant in north Texas, from Sequent Wolf Hollow, LLC, for $305 million, as adjusted for working capital.
Click for More
May 11, 2011
The Maine PUC denied proposals for long-term contracts for capacity, energy, and RECs associated with two undisclosed renewable energy projects.
Click for More
May 9, 2011
FERC affirmed an initial decision from an ALJ and found that Brookfield Energy Marketing, Constellation Energy, and Shell Energy North America did not engage in market manipulation when offering energy associated with their capacity, as obligated to do as capacity suppliers in the ISO New England…
Click for More
May 6, 2011
Ongoing earnings at PPL's Supply segment were lower at $205 million, versus $244 million a year ago, on lower energy margins as higher priced hedges continue to roll off.
Click for More
May 6, 2011
The United States, particularly New England and the mid-Atlantic, are facing an "alarming" shortage of baseload construction, and efforts by FERC to stymie state-led baseload development will likely lead to a "breaking point" for state policymakers, said Steve Mitnick, president of Build Energy…
Click for More
May 3, 2011
GDF SUEZ Energy Resources NA announced this morning it is entering the Ohio retail electricity market, specifically entering the Toledo Edison, Cleveland Electric Illuminating, Ohio Edison, and Dayton Power & Light territories.
Click for More
May 2, 2011
A preliminary analysis by Entergy Texas reveals that, under a certain set of assumptions, Texas ratepayers will become net payers under the Entergy system agreement in 2014 even as the Entergy companies join the Midwest ISO, PUCT Commissioner Kenneth Anderson reported during Friday's open meeting.
Click for More
April 27, 2011
Duke Energy Ohio has agreed to not seek FERC approval of a wholesale capacity charge applicable to competitive retail suppliers receiving capacity under the utility's Fixed Resource Requirement, under a stipulation which will alter how retail transmission costs are charged to customers at the…
Click for More
April 26, 2011
The Public Utilities Commission Of Ohio, PJM, and several other parties have filed protests at FERC against AEP Ohio's complaint seeking to raise the capacity costs paid by competitive retail suppliers (EL11-32).
Click for More
April 25, 2011
Notwithstanding the limited physical interconnection between the two areas, Entergy Corporation announced this morning that, "it has concluded that joining the Midwest Independent System Operator (MISO) will provide meaningful long-term benefits for the customers of the Entergy operating companies."
Click for More
April 18, 2011
PJM's current tariff regarding the conduct of the incremental auctions under the Reliability Pricing Model could require PJM to seek to procure or release too many or too few capacity commitments relative to the reliability requirement, PJM said in a filing to revise the tariff.
Click for More
April 14, 2011
Essentially providing a bailout to generators due to low capacity prices in ISO New England, FERC directed ISO-NE to develop a mitigation regime that relies on benchmark pricing for so-called out-of-market (OOM) capacity, but which does not procure more capacity than the Installed Capacity…
Click for More