August 8, 2012
Mitsui & Co. Reports Amount of Viridity Energy Investment
Mitsui & Co., Ltd. has disclosed that its investment in Viridity Energy, reported earlier by Matters , will amount to $15 million.
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Demand Response
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August 6, 2012
Mitsui & Co. to Invest in Viridity Energy
Viridity Energy, Inc. sought FERC approval to issue approximately 15% of its shares to Mitsui & Co., Ltd.
July 30, 2012
Brattle: Texas Regulators Should Consider Providing Customers Info on REP Offers Featuring Demand Response
The Public Utility Commission of Texas should consider providing customers with information regarding offers from retail electric providers which include a demand response component, Sam Newell, principal of The Brattle Group, said during a PUCT resource adequacy workshop Friday.
July 18, 2012
FERC Issues Show Cause Order to End User Over Alleged "Fraud"
FERC yesterday issued a show cause order to Lincoln Paper and Tissue, LLC, directing the company to show cause why its should not be subject to a civil penalty and disgorgement for what FERC Staff alleged was a violation of the ISO New England Day-Ahead Load Response Program (DALRP).
July 18, 2012
FERC Issues Show Cause Order to Retail Energy Company Over Alleged "Fraud"
FERC yesterday issued show cause orders to a retail energy consultant, one of its employees, and one of its customers, directing the entities to show cause why they should not be subject to a civil penalty and disgorgement for what FERC Staff alleged was a violation of the ISO New England Day-Ahead…
July 12, 2012
ERCOT Launches Wholesale Pricing Forecast Tool
The Electric Reliability Council of Texas (ERCOT) has launched a new tool to help large electricity users make operational decisions based on anticipated electricity prices.
July 12, 2012
Reliant Offering Critical Peak Rebates, Other New Products
Reliant is offering customers in ERCOT a critical peak rebate option which can be added to existing retail rate plans.
June 22, 2012
iPowerPlay Seeks to Take Electricity Online
iPowerPlay Inc. has applied for a Texas electric aggregator certificate to pool residential, commercial, and industrial customers.
June 11, 2012
Maryland PSC Approves Pepco Critical Peak Rebates for SOS Customers
The Maryland PSC conditionally approved the phase-in of Pepco's critical peak rebate dynamic pricing plan, effective July 1.
June 7, 2012
Briefly
Reliant Reports Innovation Avenue Pilot Successfully Reducing Customer Usage
June 4, 2012
Acclaim Energy Advisors Partners with AT&T to Offer Dynamic Load Optimization
AT&T and Acclaim Energy Advisors today announced a strategic agreement to provide business customers with dynamic load optimization services to reduce customers' costs while protecting sensitive equipment from power surges and helping restore reliability to the power grid.
May 25, 2012
Maryland PSC Expands Critical Peak Rebates to Non-SOS Customers
The Maryland PSC has ordered Baltimore Gas and Electric Company and Pepco to implement dynamic pricing consistent with a working group report, which had recommended expanding dynamic pricing eligibility beyond only SOS customers, except that the PSC ordered that Pepco's 2012 implementation of…
May 22, 2012
Briefly
H.I.G. Capital Affiliate Completes Acquisition of Comverge
May 15, 2012
Maryland OPC Proposes Alternative True-Up Mechanism for Critical Peak Rebate Costs/Revenues
The Maryland Office of People's Counsel has opposed a proposal to include reconciliations of revenues from the PJM market and the costs of credits paid to customers under critical peak rebates in the nonbypassable EmPOWER MD charge, further clouding cost recovery issues relating to the critical peak…
May 15, 2012
FERC Approves Payment of PJM Price Responsive Demand Credits to Load Serving Entities Only, For Now
Credits under PJM's price responsive demand (PRD) program, which reflect the capacity savings from the existence of the price responsive demand, will be paid only to load serving entities, and not non-LSE PRD providers, under a FERC order issued yesterday, but FERC will be monitoring the issue going…
May 2, 2012
MP2 Energy Would Pay $10,000 to Resolve EILS Shortfall
MP2 Energy, would pay $10,000 under a settlement with PUCT Staff to resolve Staff's allegations that MP2 Energy violated Section 39.151(j) of the Public Utility Regulatory Act (PURA) and P.U.C. SUBST. R. 25.503(f)(2), concerning failure to adhere to Electric Reliability Council of Texas (ERCOT)…
April 4, 2012
Viridity Files Complaint Regarding PJM Compensation for Customers Using Multiple Curtailment Service Providers
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
FirstEnergy Ohio EDCs Won't Offer Energy Reduction Resources into Capacity Market Absent Hold Harmless Provision
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…
March 27, 2012
Comverge to be Acquired by Affiliate of H.I.G. Capital
Comverge, Inc. has entered into an agreement to be acquired by an affiliate of H.I.G. Capital, LLC, a global private investment firm, for approximately $49 million in equity value.
March 19, 2012
Critical Peak Rebates at BGE, Pepco Will Not be Limited to SOS Customers
Baltimore Gas & Electric and Pepco-Maryland will make their critical peak rebate programs available to all distribution customers within eligible customer classes, not only Standard Offer Service customers, under a consensus program design contained in a Maryland dynamic pricing working group report…
March 16, 2012
Texas Staff Files Draft Final Rule to Replace, Expand EILS
Staff of the Public Utility Commission of Texas has filed a draft proposal for adoption to adopt new Subst. R. 25.507 regarding ERCOT Emergency Response Service (ERS), a replacement of the current Emergency Interruptible Load Service, and which would expand the resources eligible to provide the…
March 8, 2012
Briefly
PUCT Authorizes Increase in Oncor Commercial Load Management Program
March 7, 2012
Energy Curtailment Specialists Says Texas NOV Should Be Dismissed
A PUCT Notice of Violation against Energy Curtailment Specialists, Inc. should be dismissed because ECS did not "wilfully (sic) and knowingly" violate PURA Sec. 39.151(d) and did not "wilfully (sic) and knowingly" intend for its loads not to curtail, ECS said in a list of issues prior to hearing…
March 1, 2012
ERCOT: Rotating Outages Not Expected Absent Extreme Heat, Higher than Normal Generation Outages
The Electric Reliability Council of Texas has released a preliminary summer resource adequacy assessment, in which ERCOT said that it will not likely need to issue rotating outages, unless there are a higher-than-normal number of forced generation outages or record-breaking weather conditions…
March 1, 2012
Ohio Commission's Concern with RPM Continues, Orders FirstEnergy EDCs to Take Action to Mitigate Prices
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.