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February 18, 2011
In another decision which will increase retail customers' electric bills, FERC has adopted changes to the calculation of the Peak Energy Rent strike price in ISO New England, which will essentially increase the capacity costs borne by load versus the current mechanism (ER11-2427).
January 12, 2011
New England generators, with the support of ISO New England, are seeking to implement "knee jerk" changes to the Peak Energy Rent mechanism of the Forward Capacity Market which would retroactively cost load in excess of $100 million, retail and load suppliers said in protests at FERC (ER11-2427).
January 10, 2011
FERC Denies Rehearing on Elimination of Corporate Guarantees in ISO New England FERC denied rehearing of its July order which eliminated corporate guarantees as a form of credit in ISO New England (ER10-942). Several competitive retail and wholesale suppliers had sought rehearing, arguing that the…
September 30, 2010
An initial decision from a FERC ALJ finds that, "[d]espite being afforded every possible opportunity to prove their case - by the Commission as well as the presiding judge - and despite being granted extraordinary latitude to secure the evidence they insisted would demonstrate that respondents…
