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April 1, 2013
Staff of the New Hampshire Public Utilities Commission, PNE Energy Supply, LLC (PNE), and Resident Power Natural Gas & Electric Solutions, LLC (Resident Power), have filed a settlement to resolve all issues in the PUC's dockets investigating PNE and Resident Power and issues relating to the mass…
March 25, 2013
Rumford Paper Company will pay a civil penalty of $10 million, and disgorge $2.8 million, under a settlement with FERC to resolve allegations that Rumford engaged in fraudulent conduct in its participation in ISO-New England, Inc.'s (ISO-NE) Day-Ahead Load Response Program (DALRP)
March 20, 2013
The Massachusetts DPU has declined to order the electric distribution utilities to enter long-term contracts at this time, despite finding a need for new capacity in the NEMA/Boston zone in the next 10 years absent the construction of Footprint Power's 674 MW generating plant.
February 13, 2013
FERC largely accepted a compliance filing from ISO New England concerning implementation of offer floors in the Forward Capacity Market, and denied a related complaint from state regulators concerning the offer floors.
February 11, 2013
The Connecticut Public Utilities Regulatory Authority directed The Connecticut Light and Power Company and The United Illuminating Company to notify the Authority when any electric supplier serving Connecticut customers is in default at ISO New England, "or when a significant number of any electric…
February 7, 2013
The NEMA/Boston zone diverged to a higher capacity price than the rest of ISO New England in the Forward Capacity Auction for the 2016/17 delivery year.
December 18, 2012
FERC has approved a settlement between its Office of Enforcement, EnerNOC, Inc., and Celerity Energy Partners San Diego LLC under which EnerNOC and Celerity agree to pay a civil penalty of $820,000 and disgorge $656,000, plus interest, to resolve Enforcement's investigations into whether EnerNOC…
August 6, 2012
Massachusetts Gov. Deval Patrick has signed S.2395 which, among other things, requires the DPU to investigate procuring capacity via long-term contracts, and directs the Department of Energy Resources to study the impacts of restructuring the New England electricity marketplace.
July 18, 2012
FERC yesterday issued a show cause order to Lincoln Paper and Tissue, LLC, directing the company to show cause why its should not be subject to a civil penalty and disgorgement for what FERC Staff alleged was a violation of the ISO New England Day-Ahead Load Response Program (DALRP).
July 18, 2012
FERC yesterday issued show cause orders to a retail energy consultant, one of its employees, and one of its customers, directing the entities to show cause why they should not be subject to a civil penalty and disgorgement for what FERC Staff alleged was a violation of the ISO New England Day-Ahead…
April 9, 2012
ISO New England has sought changes to the information provided to market participants prior to the Forward Capacity Auction (FCA) to prevent pivotal suppliers from using the information to undertake strategic withdrawals.
April 9, 2012
ISO New England's Forward Capacity Auction for the 2015-16 delivery year resulted in a higher capacity price, though the auction still hit the price floor.
April 1, 2012
FERC has approved the extension of the price floor in the ISO New England Forward Capacity Auction (FCA), and adopted a modification to the price floor (ER12-953).
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.
January 20, 2012
FERC has granted rehearing on a single issue of its April order regarding ISO New England's Forward Capacity Auction (FCA), which largely addressed buyer-side market power, to determine how to treat Out of Market (OOM) resources carried forward under one set of rules under a new and different set of…
September 20, 2011
Bangor Hydro-Electric informed the Maine PUC that it is, "exploring alternatives regarding the disposal of the energy," from the Rollins Wind Project, after FERC denied BHE's sought waiver to allow BHE transmission function employees to engage in ministerial actions needed to make sales of the…
July 25, 2011
Central Maine Power and Bangor Hydro-Electric have both recommended selling the energy associated with new long-term contracts with renewable energy facilities into the wholesale market, with any costs or benefits applicable to all customers (Docket 2011-222).
July 12, 2011
Bangor Hydro-Electric Company and National Grid Transmission Services Corporation have sought a declaratory order from FERC affirming that a participant funded transmission line, to be subscribed by First Wind Holdings, Inc., meets the Commission's policy and precedent (EL11-49).
July 5, 2011
Market participants in ISO New England would be required to have an investment grade credit rating, maintain a minimum tangible net worth of $1 million, or maintain a minimum of $10 million in total assets under proposed new minimum participation requirements proposed by ISO-NE.
June 28, 2011
The ISO New England Forward Capacity Auction for the 2014-2015 delivery year cleared at the floor price of $3.209 per kW-month.
June 24, 2011
More than half of New England customers are opposed to government intervention in resource adequacy, according to a recent survey conducted for the New England Energy Alliance.
June 6, 2011
A disproportionately high level of transaction costs may threaten the viability of virtual transactions in the ISO New England Day-Ahead Energy Market, the Internal Market Monitor said in an annual markets report.
May 9, 2011
FERC affirmed an initial decision from an ALJ and found that Brookfield Energy Marketing, Constellation Energy, and Shell Energy North America did not engage in market manipulation when offering energy associated with their capacity, as obligated to do as capacity suppliers in the ISO New England…
April 14, 2011
Essentially providing a bailout to generators due to low capacity prices in ISO New England, FERC directed ISO-NE to develop a mitigation regime that relies on benchmark pricing for so-called out-of-market (OOM) capacity, but which does not procure more capacity than the Installed Capacity…
March 24, 2011
A determination by the ISO New England Internal Market Monitoring Unit that 151 MW of new energy efficiency resources resulting from state sponsored programs, which had sought to bid into the fifth Forward Capacity Auction, are out of market could result in hundreds of millions of dollar in…
