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September 18, 2013
ERCOT said in a market notice yesterday that it has posted an updated tool to backcast online and offline reserve prices as well as Peaker Net Margin (PNM) under the real-time scarcity pricing concept known as "Interim Solution B+", a form of an operating reserves demand curve.
September 17, 2013
AEP Ohio Files to Significantly Increase Smart Meter Installations, But Not Full Deployment
September 13, 2013
Tradition Energy Names Senior Energy Advisor to Support Expansion
September 13, 2013
The Public Utility Commission of Texas has directed ERCOT to develop a Nodal Protocol Revision Request to implement an Operating Reserves Demand Curve (ORDC), following the B+ design, and agreed on four major design elements for the curve.
September 12, 2013
A day after PJM was forced to involuntarily shed firm load due to a lack of available generation supply (click here for story) , a Texas capacity owner has said that the "long-term solution" to the challenges facing the ERCOT grid is, "some form of capacity market."
September 12, 2013
Although the superior policy was already clear for a variety of reasons, the institution of involuntary firm load shed in PJM, due in part to a lack of available generating capacity (click here for story) , provides Texas with the inescapable conclusion that requiring a mandated reserve margin to be…
September 11, 2013
South Texas Electric Cooperative, Inc. would pay $52,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve STEC's alleged failure to adhere to ERCOT protocols related to non-spinning reserve service (NSRS) energy deployment criteria.
September 11, 2013
The Texas Public Policy Foundation released a Q&A on the Texas electricity market, providing an overview of the Texas electricity market and the current debate over, "whether Texas should abandon its world-class competitive market and move to a capacity market that would provide subsidies for…
September 11, 2013
Texas, and its energy-only market, continue to lead independent assessments as the most attractive climate for businesses, despite feigned protestations that the energy-only market and a non-mandated reserve margin make the state unattractive for businesses, as Texas has now been named the top state…
September 6, 2013
Implementing a "maximum" configuration of real-time energy and ancillary services co-optimization (RTEAC) in the ERCOT market would cost less than 1% of the annual projected cost of a capacity market, according to a real-time co-optimization impact assessment filed with the Public Utility Commission…
September 4, 2013
The Electric Reliability Council of Texas (ERCOT) announced that it expects to have enough power available to serve peak demand needs this coming fall and winter, even if extreme weather or an unusually high number of forced generation outages dip into its planning reserves.
September 3, 2013
Dominion Energy Solutions is now offering a residential electric plan at Fitchburg Gas & Electric (Unitil) in Massachusetts with a rate that is guaranteed to be lower than the default service rate through May 2014.
August 30, 2013
The Public Utility Commission of Texas directed ERCOT to begin drafting protocols for implementation of an Operating Reserves Demand Curve as the Commission considers final approval, while Commissioners agreed to examine several questions in a new phase of its resource adequacy investigation…
August 29, 2013
The Public Utility Commission of Texas has scheduled a workshop for October 17 to discuss the potential impacts of increases to the system wide offer cap on retail markets, including REP collateral requirements.
August 28, 2013
Capacity suppliers in ISO New England need not meet their capacity supply obligations as required under their commitment, established in the capacity market, to supply capacity during shortage hours if such capacity suppliers can demonstrate an, "inability to procure fuel or transportation," FERC…
August 28, 2013
A Texas capacity market would cost $4.7 billion annually, according to a study by Charles Rivers Associates commissioned by NRG Energy, Inc. which was filed with the Public Utility Commission of Texas.
August 27, 2013
Odessa-Ector Power Partners, L.P. has filed at the Public Utility Commission of Texas a complaint and appeal of the Electric Reliability Council of Texas' denial of real time market settlement payments to Odessa following ERCOT manual overrides of Odessa's High Dispatch Limit (HDL) on November 15…
August 26, 2013
A FERC Staff report issued ahead of a technical conference on capacity markets in the FERC-jurisdictional RTOs confirms that current capacity market designs are not desirable for implementation in Texas, and that if Texas were to adopt a mandated reserve margin, it will need to look at novel…
August 20, 2013
ERCOT Mobile App Update Offers Real-Time Conditions, Wholesale Prices, More
August 20, 2013
The "outlook for dire consequences" with respect to resource adequacy in Texas, "appears to be wholly overstated," a coalition of competitive electric suppliers has conceded, raising the question of why some of these same suppliers (or their affiliates) are pressing for costly administrative…
August 14, 2013
"Price is the primary reason that satisfaction is higher among customers who use a Texas retail electric provider than among those who use a regulated utility," J.D. Power said in releasing its 2013 Texas Residential Retail Electric Provider Customer Satisfaction Study
August 12, 2013
The Public Utility Commission of Texas deferred until its next open meeting a decision on adopting an Operating Reserves Demand Curve (ORDC) for the ERCOT market, as Commissioner Kenneth Anderson said that the delay, particularly from a potential rulemaking process, could impede over 1,000 MW of new…
August 9, 2013
This story updated 3:30 pm ET 8/9 to reflect Crane's use of the term "nearly" impossible throughout. An earlier version has incorrectly used both the terms virtually and nearly in different places.
August 9, 2013
ERCOT Experiences Third Highest Demand In History
August 9, 2013
Two Exelon companies would collectively pay $42,500 under separate settlements with Staff of the Public Utility Commission of Texas relating to performance under the Emergency Interruptible Load Service (EILS) program.
