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October 23, 2012
The New York Energy Highway Task Force has released its blueprint regarding future state energy policy, which includes recommendations for repowered and new generating capacity, but does not address cost recovery of such capacity, or disposition of products from such generation.
October 17, 2012
The boards of both PJM Interconnection and the New York Independent System Operator (NYISO) today agreed to a long-term strategy to optimize the flow of electricity across their common border and reduce threats to reliability.
October 16, 2012
An appeal filed earlier this year by the Pennsylvania Office of Consumer Advocate concerning the procurement of default electric service at Pike County Light & Power has taken on new significance in light of the PUC's proposed end-state retail electric market design, which is similar to the adopted…
October 12, 2012
A FERC order regarding the application of buyer-side mitigation in the New York ISO installed capacity market could lead to a $500 million increase in customer electricity bills in 2013, the New York State Public Service Commission said yesterday in announcing that it was seeking rehearing of the…
September 21, 2012
A study by Christensen Associates Energy Consulting prepared for several public power organizations concludes that New York's current approach to resource adequacy, including a spot capacity auction with no multi-year forward obligation, "does not require replacement by a mandatory forward…
September 11, 2012
FERC yesterday ordered the New York ISO to recalculate its determinations exempting the new 575 MW generating facility owned by Astoria Energy II LLC (Astoria II) and the 512 MW generating facility being developed by Bayonne Energy Center, LLC from the buyer-side mitigation rules, as FERC granted…
September 6, 2012
FERC Dismisses Astoria Generating Company Complaint
August 14, 2012
The New York ISO has filed tariff revisions at FERC to reduce Market Participant credit requirements to participate in the ICAP Spot Market Auction, which is mandatory for load serving entities.
June 25, 2012
FERC ordered that an inflation factor shall be applied to the Unit net Cost of New Entry (CONE) used in applying buyer-side mitigation to capacity sellers in the New York ISO ICAP mechanism, in ruling on a complaint filed by capacity suppliers (EL11-42).
May 24, 2012
The Pennsylvania Public Utility Commission (PUC) said today in a news release that it, "approved a petition of Pike County Light & Power (PCL&P) for continuation of its default service implementation plan."
March 12, 2012
The New York ISO, "plans to revisit the possibility of evaluating the need for new capacity zones (NCZs) more frequently as it progresses through the first process cycle to evaluate and establish a new zone," but, at this time, believes that an annual examination and implementation of new capacity…
March 12, 2012
FERC has approved a settlement between its Office of Enforcement and Constellation Energy Commodities Group (CCG) to resolve an investigation into whether Constellation violated the Commission's Anti-Manipulation Rule, under which Constellation has agreed to pay a civil penalty of $135 million and…
December 29, 2011
FERC has approved a change in the allocation of NYISO's budgeted annual operating costs and Commission-assessed regulatory fees among NYISO market participants, with the new allocation to be maintained for a period of at least five years.
December 29, 2011
FERC has granted Green Mountain Energy Company a waiver of certain New York ISO tariff and penalty provisions which Green Mountain Energy could have triggered due to its inadvertent withholding of capacity.
November 8, 2011
The New York ISO has asked FERC for more time to develop additional market power mitigation measures that NYISO believes are required as part of implementing new local capacity zones, as directed by a recent FERC order.
September 9, 2011
Siding with capacity suppliers against load-serving entities, FERC rejected in part a proposal from the New York ISO to establish a criteria which would be used to evaluate the creation of separate capacity zones in the ICAP market (ER04-449).
September 6, 2011
The lower Zone J capacity pricing in the New York ISO, which the independent market monitor has confirmed is competitive, represents a, "fundamental failure of the marketplace," said Mark Sudbey, CEO of US Power Generating Company, in connection with the announcement that subsidiary Astoria…
September 1, 2011
FERC Orders NYISO to Share Confidential Market Participant Data
August 4, 2011
The latest complaint from certain capacity suppliers in New York regarding buyer-side market power in the ICAP market amounts to "conspiracy theories" with no factual evidence, the New York ISO said in an answer at FERC (EL11-50).
July 7, 2011
The, "full benefits of competitive markets would not be allowed to materialize," if FERC were to grant a complaint from several generators against the New York ISO regarding the implementation of existing buyer-side mitigation rules in the ICAP market, the New York PSC said (EL11-42).
July 5, 2011
New York ISO's proposed capitalization requirement for market participants would require market participants to demonstrate, based on their most recent audited financial statements, either $10 million in assets or $1 million in tangible net worth.
June 6, 2011
No doubt emboldened by several recent FERC decisions, several New York capacity suppliers have filed a complaint at FERC alleging that the New York ISO's implementation of its buyer-side market power mitigation provisions is in violation of its tariff.
March 15, 2011
Constellation Energy Launches New Website
January 31, 2011
In another order which will raise capacity costs for customers, this time in New York, FERC accepted with modifications the New York ISO's proposed tariff to reset the ICAP demand curves (ER11-2224).
January 21, 2011
The New York State PSC granted approval to NRG Astoria Power LLC for the construction of a 1,040 MW electric generating facility to replace an existing 600 MW facility located at an industrial site in Long Island City, New York.
