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November 4, 2014
FERC issued a formal notice stating that, "in a nonpublic investigation pursuant to 18 C.F.R. Part 1b, the staff of the Office of Enforcement (Enforcement) of the Federal Energy Regulatory Commission has preliminarily determined that Maxim Power Corporation (Maxim) engaged in three schemes in…
October 3, 2014
The Office of the Massachusetts Attorney General has urged the DPU to open an investigation, "into ways to mitigate the dramatic rate increases that will impact National Grid's Basic Service customers on November 1, 2014, as well as anticipated increases to other electric distribution companies'…
September 17, 2014
By taking no action on the filing of the results from ISO New England's capacity auction for the 2017-18 delivery period by September 15, FERC allowed ISO-NE's tariff filing containing the results of the auction to become effective by operation of law.
September 10, 2014
FERC has accepted without modification ISO New England's 2014-15 winter reliability program, a series of non-market programs and compensation which are said to be needed to assure reliability.
September 2, 2014
Several Massachusetts opt-out municipal electric aggregations have been approved by the Massachusetts DPU.
June 30, 2014
FERC on Friday issued a letter order to ISO New England calling ISO-NE's filing of the capacity auction results for 2017-18, "deficient," and directed the ISO to submit more information, with a particular emphasis on mitigation and actions taken to prevent manipulation.
June 26, 2014
The Massachusetts DPU is "concerned" with inadequate bidder participation in default service RFPs, and intends to open an investigation into the issue.
June 2, 2014
FERC approved, without modification, ISO New England's proposal to introduce a sloped demand curve into its forward capacity market, effective for auction for the 2018-19 delivery year.
June 2, 2014
ISO New England's current capacity market design, "fails to provide adequate incentives for resource performance, thereby threatening reliable operation of the system and forcing consumers to pay for capacity without receiving commensurate reliability benefits," FERC conceded in an order Friday.
May 28, 2014
The Massachusetts DPU has approved an alternative methodology for procuring basic electric service supplies at Nstar and Western Massachusetts Electric Co. for large C&I customers, after the utilities' solicitation of load following supplies for the third quarter of 2014 failed to attract any…
May 2, 2014
The New Hampshire PUC ruled that Public Service Company of New Hampshire properly charged PNE Energy Supply a $5 switching fee for customers which were defaulted to PSNH for supply due to PNE's default at ISO New England.
April 15, 2014
George Jepsen, Attorney General for the State of Connecticut, petitioned FERC to investigate the results from the 2017-18 ISO New England Forward Capacity Auction, alleging that a generator, "may have exercised market power."
April 3, 2014
"New England is currently experiencing an energy crisis," Public Service of New Hampshire said in response to a PUC Staff report which examined the economic impact of divesting PSNH's generation plants
April 2, 2014
ISO New England has filed at FERC to implement a system-wide sloped demand curve in its capacity market for Forward Capacity Auction 9 to be held in February 2015, for the 2018-19 delivery year.
February 19, 2014
A retail electric supplier has raised "due process and fairness concerns" regarding ISO New England's triggering of a default of the supplier.
February 5, 2014
ISO New England's capacity auction to procure capacity to meet a mandated reserve margin resulted in a shortfall of resources for the 2017–2018 year, the ISO said.
February 3, 2014
People's Power & Gas, LLC informed the Connecticut PURA that it expects to provide PURA with, "the plans of People's to return to active service in this region," in the near future.
January 31, 2014
United Illuminating has informed the Connecticut PURA that it has been informed by ISO New England of the retirement of the load asset of a retail electric supplier
January 27, 2014
FERC has administratively doubled capacity prices to be paid by retail suppliers, and their customers, in ISO New England, with Commissioner Philip Moeller brazenly trying to sell customers on the "reliability benefits" of the rate shock -- at a time when 75% of ISO-NE's gas-fired generation was…
January 24, 2014
According to ISO-New England, about 75 percent of the region's natural gas electrical generation capability was not running Thursday, presumably due to limited gas supply and/or high prices, Public Service Company of New Hampshire said in a news release yesterday.
January 23, 2014
The Maine PUC rejected a waiver sought by NextEra Energy Power Marketing which would have allowed existing Standard Offer providers to recover material out-of-pocket charges imposed by the ISO New England pursuant to the out-of-market Winter Reliability Program.
January 21, 2014
"[R]eliability in New England is deteriorating as a result," of the "failure" of the current capacity market to reflect some of the most basic principles of a market -- higher-valued, higher quality goods should receive greater compensation than goods offering poor quality and poor service, ISO New…
January 21, 2014
In our related story today (click here) , Matters noted that unplanned outages in ISO New England have doubled since the introduction of a forward capacity market, and we reported some of the reasons given to the ISO for failure to perform.
January 21, 2014
"The overall rate of unplanned outages across the entire New England generating fleet has more than doubled since 2007," ISO New England said in a filing at FERC.
January 8, 2014
Market conditions in ISO New England limited a retail supplier's, "ability to meet our goal to provide you with a stable competitive electricity price," Easy Energy of Massachusetts said in a notice on its website concerning its withdrawal from the retail electric market.
