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April 13, 2018
The Midcontinent ISO's capacity auction for the 2018-19 planning year resulted in a clearing price of $10 per MW-day for all zones except Zone 1 (DPC, GRE, MDU, MP, NSP, OTP, SMP)
November 13, 2017
The Illinois Commerce Commission has initiated a workshop process to examine resource adequacy in MISO Zone 4 (Ameren), and several proposals to be considered in the process would impose new obligations on competitive retail electric suppliers
October 27, 2017
Dynegy announced support for two Illinois bills (SB2250, HB4141) that would require the Illinois Power Agency to procure capacity needs on behalf of all customers at Ameren Illinois, and require competitive retail electric suppliers to execute contracts with capacity suppliers selected by the IPA…
October 12, 2017
The Michigan PSC issued an order in Case No. U-18444 opening a contested case proceeding for determining the process and requirements for a forward locational requirement for generation resources used to meet electric capacity obligations under Section 6w of 2016 PA 341 (Act 341).
September 29, 2017
Entergy Corporation announced that it plans to operate Palisades Power Plant in Covert, Michigan, until the spring of 2022, under the existing Power Purchase Agreement (PPA) with Consumers Energy.
September 18, 2017
Adopts Capacity Showing Rules, Limits Reliance on MISO Auction To 5%
The Michigan PSC, in an order on the capacity demonstration process, ruled that LSEs, including retail suppliers, will not need to meet a locational capacity requirement for the period 2018-2021, but opened a new proceeding to determine the allocation of the forward locational requirement starting…
August 1, 2017
While the Michigan PSC said there will be enough electricity available to meet customer needs throughout Michigan in the next five years, the PSC said that it, "remains concerned," that load serving entities in the Lower Peninsula do not have adequate capacity to meet the planning reserve…
June 16, 2017
Seeks Solutions To Address Allocation to LSEs, Shopping Issues
The Michigan PSC has adopted a locational requirement as part of the mandatory capacity obligations required under statute, but said that the allocation to LSEs and related issues will be addressed after further proceedings
May 12, 2017
The Michigan PSC affirmed that determining how load serving entities, including retail suppliers, are able to demonstrate compliance with certain statutory capacity requirements shall be addressed in the PSC's previously adopted technical conference process, not utility rate cases nor cases…
May 5, 2017
Asked by an analyst during an earnings call this morning when Dynegy should stop waiting for, in the analyst's words, "the MISO magical regulatory fix," and instead accelerate a rationalization of Dynegy's generating assets in Midcontinent ISO Zone 4, Dynegy CEO Robert Flexon answered, "I certainly…
April 14, 2017
MISO Says Still Working With Illinois On "State-Based" Approach For Long-Term Resource Adequacy
Clearing prices in the Midcontinent ISO capacity auction for the 2017-18 delivery year were $1.50/MW-day for all zones.
March 13, 2017
With FERC rejecting the Midcontinent ISO's proposal for a forward capacity auction specific to retail choice states, the Michigan PSC, consistent with recent legislation, has established a process to establish a State Reliability Mechanism (SRM), under which retail suppliers will be required to pay…
March 1, 2017
The Michigan Public Service Commission is seeking comment on how to proceed in light of the Federal Energy Regulatory Commission’s Feb. 2 order rejecting the Midcontinent Independent System Operator’s proposal to establish a three-year forward capacity auction specific to retail choice states.
February 3, 2017
Use of State-Determined Capacity Payment For Michigan Retail Suppliers Implicated
FERC has rejected the Midcontinent ISO's proposal to create a three-year forward capacity auction specific to those areas of MISO with retail choice (often called the "competitive retail solution" or CRS)
November 30, 2016
FERC has approved a temporary waiver sought by the Midcontinent ISO to allow resources with incremental energy costs above the current $1,000/MWh offer cap to include those costs in the No Load component of their supply offers during the December 1, 2016, through April 30, 2017 period
November 2, 2016
Alleging an, "Imminent Reliability Risk In Retail Choice Areas," the Midcontinent ISO filed at FERC for approval of its proposed capacity market changes that would impose a three-year forward capacity obligation on retail suppliers in Zone 4 (Illinois) and Zone 7 (Michigan Lower Peninsula).
October 28, 2016
The idea of transitioning Entergy Texas to retail competition, "is something that is always worthy of consideration," although, "we haven't given a lot of additional thought to that," Donna Nelson, Chair of the Public Utility Commission of Texas, said in response to a question at the National Energy…
September 21, 2016
Retail Suppliers Would Be Required to Pay State Capacity Charge or Use Fixed Resource Adequacy Plan
The Michigan Governor's office has provided more details concerning an agreement between the state and Midcontinent ISO concerning the use of the state compensation mechanism to address resource adequacy in the state.
September 12, 2016
Would "Preserve" Revenue Streams For Generators That Relied on Incorrect Clearing Price (Uplift?)
August 10, 2016
With declining electric reserve margins expected by 2018 in the state and region, the Michigan Agency for Energy (MAE) and the Michigan Public Service Commission (MPSC) asked the Midcontinent Independent System Operator (MISO), the regional transmission operator for most of the state, to conduct a…
July 25, 2016
The Michigan PSC issued an analysis in which the PSC said that, while Michigan's near-term electric supply outlook for the summer of 2017 in the Lower Peninsula has improved slightly, the five-year review again shows, "the tightening of capacity supplies overall, in both the state and the Midwest"
July 21, 2016
The Midcontinent ISO has posted draft tariffs and business rules for its chosen solution to implement a capacity market construct specific to those states within the RTO that have retail choice
July 13, 2016
For advocates seeking to expand retail choice, the Entergy Texas service area remains one of the lowest hanging fruits, which oddly has not drawn much attention despite seemingly lower barriers to choice versus other favorite targets such as Indiana, Wisconsin, Michigan (full choice), and California…
June 13, 2016
The Organization of MISO States (OMS) and MISO released the results of their annual resource adequacy survey, and the groups said that results indicate that the MISO region has adequate capacity for 2017 with potential shortages in 2018 and beyond.
May 26, 2016
The Michigan Senate Energy and Technology Committee in a 6-1 vote reported favorably SB 437, which would generally impose capacity requirements on retail suppliers
