April 11, 2016
FERC, on voluntary remand, affirmed its prior decision to exempt renewable resources in ISO New England from buyer side mitigation in the forward capacity market, including the minimum offer price rule
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March 31, 2016
FERC has approved a $3 million settlement between its Office of Enforcement (Enforcement) and Berkshire Power Company LLC (Berkshire) and Power Plant Management Services LLC (PPMS) to resolve an investigation into whether Berkshire and PPMS violated certain anti-manipulation rules as a result of…
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February 12, 2016
ISO New England's 2019/20 Forward Capacity Auction resulted in a clearing price of $7.03/kW-month for the Rest of Pool and Southeastern New England zones.
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December 29, 2015
FERC yesterday issued an order finding that ISO New England Inc.’s (ISO-NE) forward capacity market tariff is unjust, unreasonable, unduly discriminatory or preferential, "because it applies vertical demand curves within constrained zones, which does not sufficiently address concerns such as price…
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December 23, 2015
A federal appeals court said FERC engaged in "specious" reasoning in dismissing cost concerns from the 2013-14 ISO New England winter reliability program which imposed new, unhedgeable costs on retail suppliers, and whose costs ballooned past initial estimates.
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October 26, 2015
FERC issued a Staff Notice Of Alleged Violations stating that, "in a nonpublic investigation pursuant to 18 CFR Part 1b (2015), the staff of the Office of Enforcement of the Federal Energy Regulatory Commission has preliminarily determined that Berkshire Power Company LLC (Berkshire) and Powerplant…
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October 13, 2015
Calpine announced that it has agreed to acquire the Granite Ridge Energy Center from Granite Ridge Holdings, LLC for $500 million, or approximately $671 per kilowatt, subject to working capital adjustments.
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September 15, 2015
The National Energy Marketers Association will host a New England Energy Policy Summit on October 12-14 in Cambridge, MA, gathering leaders from government, Silicon Valley, ISOs, academia, utilities, energy suppliers, and distributed energy resource providers
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September 14, 2015
FERC has approved a winter reliability program for 2015-18 at ISO New England, adopting the alternative proposed by NEPOOL which was found to be less costly than the ISO's proposal.
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August 24, 2015
A report from two Maine PUC hearing examiners would deny a CCN sought by Emera Maine for a transmission line to address reliability concerns in the former Maine Public Service area, within the Northern Maine Independent System Administrator, and would open a second phase of the proceeding to further…
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August 12, 2015
Staff of the California PUC have recommended that the Commission oppose SB 286, which would increase the amount of load permitted to take direct access service, unless the bill is amended
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July 1, 2015
Attorneys General from Massachusetts and Rhode Island, along with PowerOptions, Freedom Energy Logistics, and several consumer advocates sent a letter to ISO-New England and New England electric transmission owners urging the companies to develop a transparent process that allows all stakeholders…
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June 3, 2015
The Connecticut PURA has closed a review of Liberty Power Holdings, LLC's invocation of a change-in-law provisions of a small number of commercial contracts to pass-through costs of the 2014-15 ISO-NE Winter Reliability Program
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June 1, 2015
FERC accpeted a filing from ISO New England that identifies two potential new boundaries for Capacity Zones for ISO-NE’s tenth Forward Capacity Auction (FCA 10).
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May 19, 2015
Staff of the New Hampshire PUC have invited stakeholders to offer, "written description of [their] preferred solution to address the high winter wholesale electricity prices that have plagued New Hampshire's and the region's electricity markets in recent winters."
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May 4, 2015
FERC issued an order issuing a civil penalty in the amount of $5 million against Maxim Power Corporation and affiliates.
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April 20, 2015
The New Hampshire PUC has opened an investigation into potential approaches to ameliorate adverse wholesale electricity market conditions in the state (IR 15-124).
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April 3, 2015
The Connecticut PURA has directed Liberty Power Holdings, LLC to answer several questions regarding, including its legal justification for, Liberty Power's potential imposition of a pass-through charge on certain Connecticut customers.
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February 20, 2015
The New Hampshire PUC has rejected a contingency proposal from Liberty Utilities (Granite State Electric) addressing situations in which there is insufficient response to a default service procurement, finding that Liberty Utilities' proposal is inconsistent with statute.
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February 5, 2015
ISO New England's forward capacity auction for the 2018/19 delivery year resulted in a shortfall of resources for the new Southeast Massachusetts/Rhode Island (SEMA/RI) zone.
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February 3, 2015
FERC ordered Maxim Power Corporation, Maxim Power (USA), Inc., Maxim Power (USA) Holding Company Inc., Pawtucket Power Holding Co., LLC, Pittsfield Generating Company, LP and Kyle Mitton to show cause why they should not be found to have violated section 1c.2 of the Commission’s regulations and…
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February 2, 2015
FERC has dismissed a complaint from the New England Power Generators Association that had asked FERC to eliminate the Peak Energy Rent (PER) Adjustment in the ISO New England market, and to adjust the mechanism for capacity periods for which auctions have already been run.
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December 17, 2014
Update: REP Energy said that it has cured the suspension at ISO New England and has re-registered Load Asset IDs. It will be working with customers who were affected and dropped to default service to resume service to them. REP Energy also said that it will compensate customers to the extent they…
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December 9, 2014
Public Service Company of New Hampshire raised the specter of a purchaser of its generating plants, should the PUC compel a divestiture, using the purchase to remove the PSNH plants from the ISO New England capacity market to drive up prices, citing the recent controversy over the removal of the…
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December 6, 2014
ISO New England has filed at FERC proposed changes to its minimum capitalization requirements, claiming that the changes are needed to protect market participants against, "thinly capitalized," load serving entities which do not own physical assets.
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