HomeNews By TopicHedging
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
May 8, 2012
Texas retail electric providers have asked the PUCT to modify a proposal to establish the criteria for determining whether prepaid electric service sold to residential customers is less than the price charged by the Provider of Last Resort, as required by the PURA §39.107(g), as REPs said that the…
May 4, 2012
A discussion during yesterday's NRG Energy earnings conference call shows how Texas retail electric providers would be forced to subsidize their competitors if a mandatory capacity payment were introduced to the market.
March 27, 2012
FirstEnergy Solutions Corp. has filed a complaint at FERC concerning rules governing the PJM Auction Revenue Right (ARR) allocation process for transmission facilities that have been modeled as out-of-service for the entire year but which return to service for one or more months.
March 9, 2012
Maryland PSC Staff has recommended that the Columbia Gas choice program cease with the April 2012 billing cycle, as proposed by Columbia .
February 24, 2012
PUCT Chair Donna Nelson is, "definitely in favor of increasing the System Wide Offer Cap" and "tweaking" the Power Balance Penalty Curve, Nelson said during a resource adequacy workshop held by the Commission yesterday.
February 16, 2012
The Commodity Futures Trading Commission's desire to assert jurisdiction over power markets suggests that a broad end-user exemption from the Frank-Dodd regulations for the energy sector, "is less of a possibility," analysts at UBS Securities said in a research note to clients.
February 15, 2012
Default service plans should reflect currently depressed market prices, and should hedge to protect against a "major increase in energy prices" -- those are the conclusions contained within a recommended decision from a Pennsylvania ALJ concerning Pike County Light & Power's default service plan for…
February 13, 2012
PPL Corp.'s Supply unit reported lower ongoing earnings of $147 million for the quarter ending December 31, 2011, versus $311 million a year ago.
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
AEG Affiliated Energy Group has closed three mergers and acquisition deals specifically in the retail energy space in the past nine months, and expects more deals to close in the next two quarters.
January 30, 2012
The contribution from NextEra Energy's customer supply businesses and proprietary power & gas trading activity to parent-level adjusted earnings was down by approximately $4 million for the fourth quarter of 2011, versus the year-ago quarter, NextEra said in reporting earnings Friday.
January 20, 2012
FERC has denied the request of retail suppliers to allocate costs of demand response to Network Load during a transition period in which an interim set of rules to comply with Order 745 are in effect.
December 29, 2011
FirstEnergy Solutions has petitioned FERC, in a complaint, to direct PJM to allocate incremental real-time congestion charges to all transmission customers (EL12-19).
December 22, 2011
Texas State Rep. Phil King has written a letter to the PUCT asking the Commission to consider, "how we may be able to set up a system that does not punish REPs for being prudent in purchasing electricity in advance when POLR rates drop drastically when the MCPE goes negative."
December 9, 2011
Direct Energy has agreed to acquire a package of liquids-rich natural gas assets located in west central Alberta (the Carrot Creek Assets) from Encana Corporation for $58m (Canadian $) in cash.
December 8, 2011
IDT Energy recorded another quarter of net customer growth for the quarter ending October 31, 2011 (first fiscal quarter of 2012), with a net gain of 23,000 meters, its parent disclosed in reporting earnings today.
December 7, 2011
Texas State Representative Jim Pitts has asked the PUCT to review the current rule prohibiting electric offers to prepaid residential customers in excess of the Provider of Last Resort charge, stating that this rule negatively impacts prepaid providers who hedge.
November 23, 2011
The Pennsylvania Office of Consumer Advocate is seeking to include a 1 MW fixed price hedge for on-peak residential default supply at Pike County Light and Power, in contrast to the utility's proposal to continue to rely exclusively on the spot market for default service needs (P-2011-2252042).
October 31, 2011
Constellation's NewEnergy segment reported adjusted earnings of $46 million for the third quarter, reversing a year-ago loss of $14 million, on strong results from wholesale load serving contracts, and the absence of year-ago charges.
October 28, 2011
The extreme summer in ERCOT has prompted Constellation Energy to consider the construction of new peaking generation, executives said on an earnings call.
October 7, 2011
Stop us if you've heard this before: "A seemingly inevitable shake-out in ERCOT's retail power market is slowly but surely underway as smaller players begin showing signs that operations are untenable."
October 4, 2011
NRG Energy executives are "baffled" by the lack of fallout from the extreme heat and wholesale pricing in the ERCOT market on retail electric providers, NRG CEO David Crane said during an investor call to revise guidance downward due to the difficult August.
September 26, 2011
The Maryland PSC should, "ensure that as much retail load as possible it covered by fixed-price forward contract obligations signed far in advance of delivery (at least two years)," to mitigate market power impacts from the Constellation-Exelon merger, the Maryland Energy Administration said in…
September 23, 2011
The Pennsylvania PUC has removed from its default service policy statement a preference for shorter term, full requirements contracts and spot purchases.
August 8, 2011
PPL Corporation's Supply segment reported lower earnings from ongoing operations of $68 million for the second quarter, versus $164 million a year ago, on lower energy margins as well as a refueling outage at the Susquehanna nuclear plant.
