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May 6, 2014
PPL petitioned the Pennsylvania PUC for approval to extend the contract terms for the final default service procurements for the residential and small commercial and industrial customer classes under its current default service plan, to be procured in October 2014, by an additional six months.
May 2, 2014
Texas retail provider Summer Energy, has entered into various supply and credit agreements with DTE Energy Trading, Inc.
April 7, 2014
New York State Senator Joseph Griffo has called on the PSC to hold public hearings on the utilities' hedging practices for default supply.
March 26, 2014
"The energy from Public Service of New Hampshire's power generation facilities during the past winter was produced at a cost that was $115 million less than energy sold through the region's wholesale energy marketplace," PSNH said yesterday.
March 21, 2014
The Pennsylvania PUC has ordered that Pike County Light & Power electric "customer bills" shall list a one-year average Price to Compare
March 20, 2014
In keeping with its long-standing disdain regarding the needs of retail electric suppliers and the foundation necessary for a properly functioning retail electric market, FERC has not seen fit to include any companies which are exclusively focused on supplying competitive retail energy on the…
March 17, 2014
If you're an independent retail supplier, and particularly one which started after the 2005-07 bloodbath in the retail market, you need to understand one thing, if it's not already apparent: the leading advocates of "competitive" markets -- meaning non-price-regulated generators, most of whom own…
March 13, 2014
Connecticut's power procurement manager has proposed further changes to the procurement of Standard Service electricity supply.
February 17, 2014
Extreme cold and volatile wholesale prices have not had a material impact on Just Energy's earnings, the company said on a Friday earnings call.
February 7, 2014
PPL is not "focused" on growing its competitive retail electric supply business, executives said in discussing earnings yesterday.
January 31, 2014
A coalition of industrial customers and consumer advocates said that granting PJM's requested waiver to allow offers in excess of $1,000/MWh to set the market-clearing LMP would compel customers to reward generators which failed to prudently hedge their variable costs of producing generation once…
January 31, 2014
Washington Gas Energy Services, Inc. has asked FERC to deny a waiver requested by PJM to allow it to accept offers in excess of $1,000/MWh and for such offers to set the market-clearing LMP.
January 30, 2014
Retail suppliers protested the New York ISO's sought waiver to provide make-whole payments in excess of $1,000/MWh to generators, not because the payments are unwarranted, but because the retail suppliers said that the costs should instead be reflected in market-clearing prices.
January 29, 2014
NextEra Energy expects its retail and wholesale supply businesses to underperform in the first quarter of 2014 due to the extreme conditions experienced to date.
January 27, 2014
PJM has requested that FERC allow it to not only accept offers in excess of the current $1,000/MWh bid cap applicable to energy, but to allow such offers to set the clearing price.
January 17, 2014
A recommended decision from a Pennsylvania ALJ would continue the spot-market-based default service mechanism at Pike County Light & Power for two additional years.
January 13, 2014
The Maine PUC issued an order deferring consideration of a proposed long-term contract with the utilities for the construction of a new natural gas-fired electric generating facility.
December 26, 2013
In a written order regarding the 2014-2015 Illinois Power Agency electric default service procurement plan, the Illinois Commerce Commission has squarely addressed whether full requirements contracts are permissible for use in the plan under statute.
December 18, 2013
Centrica plc announced that its North American subsidiary, Direct Energy, has agreed to sell its Texas gas-fired power stations to Blackstone for $685 million in cash.
December 17, 2013
As the latest round of comments concerning capacity markets roll into the Public Utility Commission of Texas, it's serendipitous that FirstEnergy Solutions (FES) announced on the same day the expansion of its ultra-long-term fixed priced offer to the PECO service area, because it's an example of the…
November 21, 2013
Retail suppliers have protested the non-transparent manner under which Connecticut Light & Power has increased its self-managed portion of Standard Service load from 20% to 30%.
November 18, 2013
A proposed order from an Illinois ALJ would adopt a procurement plan for the Illinois Power Agency to supply the requirements of default service customers.
October 1, 2013
The Illinois Power Agency on September 30 filed a default service procurement plan with the Illinois Commerce Commission (13-0546) which seeks to return to the purchase of fixed energy blocks to serve default service load.
September 26, 2013
A lack of volatility, and competitors' pricing in response to this lack of volatility, are challenging Constellation's retail business, Exelon CFO and Executive Vice President Jonathan Thayer said at the Wolfe Research Power and Gas Leaders Conference yesterday.
August 12, 2013
NRG Energy reported that its retail supply businesses have seen lower unit margins for the first six months of 2013, from higher supply costs and pressure on commercial and industrial pricing.
