January 12, 2023
Commissioner Glotfelty Says Market Design Decision Should Consider Whether Chosen Design Would Result In Greater Retail Market Concentration Commissioner McAdams: "Retail Has Thrived At The Expense Of Our Resource Adequacy"
During a discussion at today's Texas PUC open meeting concerning ERCOT market design, including a proposed Performance Credit Mechanism (PCM), several Commissioners raised the issue of affiliate restrictions when discussing market power concerns
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December 26, 2022
Duke Energy Carolinas (DEC) and Duke Energy Progress (DEP) announced, in a Dec. 24 news release, that, "the company is implementing load shedding steps that include interruptions in service," due to, "extreme cold temperatures and subsequent demand for power," and there not being enough electricity…
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December 22, 2022
"Indicative" Prices To Be Posted In Jan. 2023, Final Prices To Await FERC Action On Tariff Change
PJM did not publish prices from the 2024-25 base residual auction for its capacity market, due to concerns about offer behavior in the DPL South LDA
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December 15, 2022
Another REP: PCM's Increased Financial Requirements, Switching Risk Would Force Retail Market Consolidation, Result In "Gentailer Monopsony" TEAM: PCM Design Makes Fixed Price Retail Contracts Infeasible
Texas stakeholders filed comments at the PUC on a proposed novel Performance Credit Mechanism [PCM] as a means to achieve ERCOT reliability
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November 17, 2022
IMM Says PUC Consultant's Report Overstates Retirements Under Energy-Only (.03 LOLE Without These Retirements)
During a Texas Senate committee hearing, Catherine J. Webking, representing the Texas Energy Association for Marketers, alluded to retail pricing challenges REPs will face under a proposed Performance Credit Mechanism (PCM) for the ERCOT market, which would allocate costs of newly created…
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November 11, 2022
Update: NYISO said on Nov 14 that NYISO was ultimately able to calculate valid auction results in time. Those results were posted late in the evening of November 10. NYISO withdrew its request at FERC
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November 10, 2022
With PUC Seeking Public Comment, Commission Not Currently Unanimous On PCM Proposal Chair: Concerns About Existing Non-competitive Behavior In Non-Spin Should Be Addressed As Quickly As Possible
Chair: Concerns About Existing Non-competitive Behavior In Non-Spin Should Be Addressed As Quickly As Possible
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October 26, 2022
Load Serving Entity Obligation Has Highest Cost, Least Reliability Benefits, Report Says
The Consumer Fund of Texas has filed with the Texas PUC an Assessment of ERCOT Market Structural Changes, prepared for the group by ICF Resources, LLC
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September 30, 2022
The Illinois Power Agency has filed with the Illinois Commerce Commission a 2023 procurement plan for electricity default service supplies
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September 28, 2022
ERCOT reported results from the first procurement of the new reliability product, Firm Fuel Supply Service (FFSS).
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September 6, 2022
The ERCOT region is expected to have sufficient installed generating capacity to serve peak demands in the upcoming fall season, October – November 2022, under normal system conditions, ERCOT said in a fall Seasonal Assessment of Resource Adequacy (SARA)
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July 11, 2022
With extreme hot weather driving record power demand across Texas, the Electric Reliability Council of Texas (ERCOT) on July 10 issued a Conservation Appeal, asking Texans and Texas businesses to voluntarily conserve electricity, Monday, July 11 between 2-8 p.m.
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June 27, 2022
Seeks Feedback On Creation Of Single-State RTO, Or Migrating All Of The State's Utilities To Same RTO
The Illinois Power Agency has issued a request for stakeholder feedback in advance of creation of its next draft electricity default service procurement plan, "in light of recent extreme energy market volatility that has had an impact on the results of the Agency’s procurement and the resulting…
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June 22, 2022
Vistra today reported its results from the PJM capacity auction for planning year 2023/2024.
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June 21, 2022
PJM has posted results from its base residual auction for capacity (BRA) under the reliability pricing model (RPM) for the 2023-24 delivery year
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May 27, 2022
The Coalition of MISO Transmission Customers (CMTC) filed a complaint at FERC asking FERC to…
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May 16, 2022
SARA Shows Nearly 23% Summer 2022 Reserve Margin, Sufficient Capacity To Serve Demand Under Most Risk Scenarios
ERCOT posted its May 2022 Report on the Capacity, Demand and Reserves in the ERCOT Region
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April 18, 2022
Such Zones At, "Increased Risk Of Needing To Implement Temporary, Controlled Load Sheds"
The Midcontinent ISO has released pricing from its capacity auction for the 2022-23 delivery year
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March 17, 2022
ERCOT has posted the Seasonal Assessment of Resource Adequacy (SARA) for the Spring 2022 season
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March 14, 2022
An integrated retail supplier-generator is exiting the fossil business
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March 10, 2022
ISO New England released preliminary clearing prices for its Forward Capacity Market (FCA 16) for the 2025-26 term.
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February 7, 2022
Illinois Attorney General Kwame Raoul has filed a motion with the Federal Energy Regulatory Commission (FERC) asking that Dynegy, Inc. (Dynegy) be required to refund more than approximately $428 million to customers in central and southern Illinois as the AG alleged such customers, "were overcharged…
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January 27, 2022
Texas State Rep. Jared Patterson has in a letter to the Public Utility Commission of Texas said that an LSE obligation is the "wrong route" for assuring ERCOT reliability and urged the PUC to consider a proposed Dispatchable Energy Credit (DEC) program
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December 30, 2021
ERCOT posted its December 2021 Report on the Capacity, Demand and Reserves in the ERCOT Region
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December 3, 2021
Commissioner Says ERCOT Price Cap Should Be "Much Lower" In A Market In Which Load Is Guaranteeing That Resources Will Be In The Market
During a workshop yesterday, all of the Commissioners of the Texas PUC agreed to commit to studying and developing a "load-side reliability mechanism" in some form or fashion
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