Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
September 1, 2015
While retail suppliers have more lead time to account for the higher capacity performance prices under the initial base residual auction featuring the new performance product for the 2018/19 delivery year (click here for recent results) , retail suppliers are facing a near doubling of capacity…
August 26, 2015
FERC has denied a complaint by retail suppliers to require PJM to clear the transitional incremental capacity performance auctions in a manner which minimizes costs, as FERC Chairman Norman Bay said in a dissent that FERC's denial of the complaint, "authorizes PJM to impose costs on consumers with…
August 24, 2015
Exelon Corporation today announced that the Oyster Creek, Quad Cities and Three Mile Island nuclear power plants did not clear in the PJM capacity auction for the 2018-19 planning year
August 24, 2015
Capacity prices in PJM soared in the 2018-19 Base Residual Auction, the first auction which included a capacity performance product
August 12, 2015
Favoring a stakeholder-driven solution over a unilateral board-developed solution, Direct Energy Business has offered to lead discussions about raising the PJM energy market offer cap and presented its own proposal
August 7, 2015
"PJM indicated last week that it intends to clear [the capacity performance transitional incremental auctions] in a manner that does not minimize the cost of procuring capacity in each Delivery Year when satisfying the new Capacity Performance Resource procurement targets in these years," Direct…
July 24, 2015
Given delays in the adjudication of sought PPAs between AEP's Ohio utilities and its merchant power plants, AEP executives said during an earnings call yesterday that the "main determinant" in AEP's strategic review of its merchant generation business (including its retail supplier) will be PJM…
July 23, 2015
PJM's correct interpretation of its capacity performance tariff that excludes demand response and other non-generation resources from upcoming capacity auctions during a transition period is nonetheless unjust and unreasonable, FERC ruled yesterday, as the Commission directed PJM to delay the…
July 21, 2015
NextEra Energy Resources, LLC filed comments at FERC in support of a petition from load interests to require PJM to use an updated load forecast methodology for upcoming capacity auctions, saying it is, "plainly unjust and unreasonable," to require load to pay $625 million in excessive capacity…
July 6, 2015
FERC issued civil penalties totaling $15 million to City Power Marketing, LLC and an individual trader finding that their behavior concerning Up-To Congestion transactions amount to market manipulation
June 11, 2015
FERC denied make-whole payments sought by various Duke Energy generators related to their operation during the polar vortex, but opened a section 206 proceeding regarding compensation to generators in such circumstances (Docket EL14-45)
June 10, 2015
In a dissent from a FERC order largely adopting PJM's capacity performance proposal without modification, FERC Chairman Norman Bay warned that the flawed market design adopted by his colleagues will allow generators to profit despite non-performance.
June 10, 2015
FERC generally accepted as-filed PJM's capacity performance proposal, including most notably approving PJM's proposed transition mechanism without modification.
June 1, 2015
FERC issued an order concluding that, "Dr. Houlian Chen (Dr. Chen), Powhatan Energy Fund, LLC (Powhatan), HEEP Fund, LLC (HEEP), and CU Fund, Inc. (CU Fund) (collectively, Respondents) violated section 222 of the Federal Power Act (FPA) and section 1c.2 of the Commission’s regulations, which…
June 1, 2015
A new stipulation among the FirstEnergy Ohio utilities and several industrial customer groups concerning the utilities' pending electric security plan filing would create a "pilot" program allowing certain industrial customers to opt-out of nonbypassable treatment of various non-market-based PJM…
May 9, 2015
WGL Holdings' retail energy marketing segment reported adjusted EBIT of $27.0 million for the quarter ending March 31, 2015, an increase of $34.8 million, over adjusted EBIT of $(7.8) million for the year-ago quarter.
May 4, 2015
The Pennsylvania PUC has informed the electric distribution companies that its Office of Competitive Market Oversight is performing an informal review of the non-market based charges imposed on load serving entities (LSEs) by PJM.
May 1, 2015
To put a capper on why capacity markets are bad for customers, consider this:
April 27, 2015
FERC granted PJM a waiver to delay its base residual capacity auction for the 2018-19 delivery year.
April 8, 2015
Citing uncertainty at FERC, PJM has requested authorization to delay its upcoming Base Residual Auction for capacity, otherwise scheduled for May, to no later than the week of August 10-14, 2015.
April 2, 2015
FERC has rejected as "premature" PJM's "stop gap" demand response proposal intended to address demand response in the capacity market should the Supreme Court ultimately determine the decision in EPSA that FERC lacks jurisdiction to set compensation for demand response
April 1, 2015
FERC Staff called PJM's filing of its capacity performance proposal "deficient" and directed PJM to respond to a series of questions.
March 31, 2015
PJM has filed with FERC revisions to the process of submitting meter data to reflect the increased breadth of retail choice, and to reduce attendant adjustments.
March 19, 2015
Baltimore Gas & Electric has asked the Maryland PSC to address various issues related to PJM's stop-gap proposal related to reflecting the impact of demand response in the capacity market if courts uphold that demand response cannot be compensated through the capacity market due to a lack of FERC…
March 10, 2015
PJM relied on the filed rate doctrine in opposing Champion Energy's request for a refund of what Champion said were unjust and unreasonable uplift charges during the polar vortex, but now it is retail suppliers who say PJM is ignoring the filed rate doctrine in seeking to impose a capacity…
