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February 23, 2016
As part of a new electric security plan, Dayton Power & Light has sought a nonbypassable Reliable Electricity Rider to maintain the operation of 8,100 MW of coal-fired plants, of which DP&L currently owns a 2,100 MW share.
February 16, 2016
The Pennsylvania PUC has modified what has been called an "innovative" default service program at Citizens Electric Company and Wellsboro Electric Company which previously did not attract any bidders, and previously resulted in the companies continuing their stratified procurement approach to…
February 15, 2016
FERC accepted a filing to allow PJM to sell excess capacity in the third incremental auction for the 2016/2017 Delivery Year, which retail suppliers and load had said is contrary to the tariff and would result in a flooding on the incremental auction, depressing prices received by load for such…
January 22, 2016
FERC has issued a proposed rule to require that all of the FERC jurisdiction RTOs increase their offer caps above $1,000.
January 18, 2016
FERC approves changes to the market-to-market procedures contained in the Interregional Coordination Process, section 4, of the Joint Operating Agreement (JOA) between the Midcontinent ISO and PJM, which are meant to enhance the day-ahead market-to-market coordination procedures and their real-time…
January 18, 2016
The FERC jurisdictional RTOs filed a petition for extension of time to file reports on price formation recently ordered by FERC.
January 7, 2016
FERC issued a show cause order to Coaltrain Energy, L.P. (Coaltrain), Coaltrain’s co-owners Peter Jones and Shawn Sheehan, and traders/analysts Robert Jones, Jeff Miller, Jack Wells, and Adam Hughes, "to show cause why they should not be found to have violated section 1c.2 of the Commission’s…
January 6, 2016
A proposal from PJM to sell back excess amounts of capacity previously procured outside of the current tariff, "is likely to significantly harm the load interests it is designed to protect," Direct Energy Business, LLC and a coalition of industrial customers said in joint comments to FERC.
January 4, 2016
FERC found that using a capacity supplier's opportunity costs of selling capacity in PJM is not a just and reasonable basis for setting the mitigation of capacity supply offers in the Midcontinent ISO capacity market, and ordered that such provisions be stricken from the MISO tariff
December 29, 2015
FERC said that it will hold a technical conference concerning tariff revisions filed by PJM to address revenue inadequacy issues relating to its allocation of Auction Revenue Rights (ARR) and Financial Transmission Rights (FTR).
December 14, 2015
FERC approved as-filed PJM's proposal to increase its energy market offer cap to $2,000/MWh with no changes to the current shortage pricing mechanism, which means that energy market prices may rise to $3,700/MWh.
December 10, 2015
Noble Americas Energy Solutions LLC has filed comments in support of a complaint from Industrial Energy Users-Ohio filed at FERC in which the industrials argued that the treatment of certain transmission charges, including Network Integration Transmission Service (NITS), as nonbypassable at AEP Ohio…
November 20, 2015
FERC, in an order on remand, ruled that virtual marketers should be required to repay refunds, with interest, that FERC had previously granted to the marketers but which FERC later rescinded, in order to put the parties back in the positions in which they would have found themselves if the…
November 20, 2015
FERC denied a complaint from a coalition of consumer representatives, including the New Jersey Board of Public Utilities and Delaware Public Service Commission, which had requested that FERC direct PJM to update its 2015 PJM Region Peak Load Forecast values, for purposes of the Capacity Performance…
October 23, 2015
Talen Energy Corporation announced that it reached an agreement to sell the 399-megawatt C.P. Crane coal-fired power plant in Baltimore, Maryland to an affiliate of Avenue Capital Group.
October 9, 2015
A new report, PJM’s "Capacity Performance" Tariff Changes: Estimated Impact on the Cost of Capacity, commissioned by the American Public Power Association (APPA) estimates the cost impact on consumers of PJM’s recent Capacity Performance (CP) package of changes to its Reliability Pricing Model (RPM)…
October 7, 2015
Exelon and Pepco have via a settlement secured support for their merger agreement from the District of Columbia mayor, Attorney General, and Office of People's Counsel.
October 5, 2015
FERC will hold a technical conference on October 20 concerning market power mitigation in the Midcontinent ISO capacity market, and related market design issues
October 2, 2015
PJM is set to formally ask FERC to approve tariff changes that would increase the energy market offer cap, after the Members Committee approved a compromise proposal
September 21, 2015
Staff of the Public Utilities Commission of Ohio oppose relieving retail suppliers of responsibility for certain PJM charges at the FirstEnergy Ohio distribution companies and recovering such charges in nonbypassable rates applicable to all customers
September 18, 2015
As part of its "reset" (see story today) , NRG Energy announced that it is actively pursuing the sale of certain conventional generating assets.
September 15, 2015
FERC issued a Staff Notice Of Alleged Violations notice stating that Staff of FERC's Office of Enforcement, "has preliminarily determined that Coaltrain Energy L.P.; its co-owners Peter Jones and Shawn Sheehan; traders Robert Jones, Jeff Miller, and Jack Wells; and analyst Adam Hughes violated the…
September 10, 2015
Exelon Corporation announced that all of its nuclear plants in the PJM market cleared in the transition capacity auction for the 2017-18 planning year and that the company will defer any decisions about the future operations of its Quad Cities and Byron nuclear plants for one year.
September 10, 2015
Retail suppliers are facing a 23% increase in capacity prices for the 2017/18 versus the prices established in the base residual auction as a result of the capacity performance transitional auction held this week
September 1, 2015
Exelon Corporation announced that all of its Illinois nuclear plants in PJM cleared in the transitional capacity auction for the 2016-17 planning year, which included a capacity performance product
