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October 11, 2012
Citing the "clandestine and exclusionary process" under which proposed changes to PJM's capacity market Minimum Offer Price Rule were developed, the Maryland PSC sought an immediate halt of PJM's fast-track "educational" process, and called for the introduction of "open and transparent" stakeholder…
October 4, 2012
PJM has released details of what has been called a "settlement" regarding changes to the minimum offer price rule (MOPR) -- an offer floor designed to limit competition in the mandatory capacity auction.
September 28, 2012
The Pennsylvania PUC, in an order on rehearing and clarification, has clarified the price that will be charged to customers participating in the retail opt-in program at the FirstEnergy electric distribution companies, for service beginning June 1, 2013.
September 26, 2012
The Michigan PSC has approved Indiana Michigan Power Company's cost of service based proposal for the creation of a state compensation mechanism to establish the charge applied to alternative retail electric suppliers for capacity provided under the I&M (AEP) Fixed Resource Requirement (FRR)…
September 11, 2012
A contractual pass-through by retail electric providers to customers of charges meant to assure the reliability of the electric grid, "cause customer confusion and frustration," a group of retail suppliers have said.
August 30, 2012
Duke Energy Ohio has filed an application at the Public Utilities Commission of Ohio to increase the level of capacity costs that it is permitted to collect, with the increase deferred for future recovery.
August 10, 2012
PECO has filed at the Pennsylvania PUC to increase its electric Transmission Service Charge (TSC) on October 1, 2012, versus the customary January 1, 2013 revision, to avoid accumulating a large under-collection and to avoid a larger increase come January.
August 3, 2012
Duke Energy's Commercial Power segment, which includes its non-rate-regulated generating assets and competitive retail supply business, reported second-quarter 2012 adjusted segment income of $32 million, compared to $30 million in the second quarter of 2011.
July 19, 2012
In adopting an order on the FirstEnergy Ohio utilities' electric security plan, in which capacity prices in the constrained ATSI zone became an issue of contention, the Public Utilities Commission of Ohio said that it would continue to review the utilities' participation in future PJM Base Residual…
July 18, 2012
Indiana Michigan Power's (AEP) approach to establish a state compensation mechanism for capacity provided to retail suppliers under the Fixed Resource Requirement is "reasonable," Michigan PSC Staff said in testimony, though Staff did recommend a minor reduction in the nonbypassable capacity costs.
July 12, 2012
Granting a complaint filed by FirstEnergy Solutions Corp., FERC ordered PJM to revise its rules governing the Auction Revenue Right (ARR) allocation process for transmission facilities that have been modeled as out-of-service for the entire year but which return to service for one or more months…
July 11, 2012
Boston Pacific, consultant for the Maryland PSC, has filed several proposed modifications to the contract for differences between CPV Maryland and three of the state's utilities (Case 9214).
July 3, 2012
The Public Utilities Commission of Ohio has adopted a final state compensation mechanism that AEP Ohio may charge to retail suppliers as compensation for a supplier's use of capacity under the AEP Fixed Resource Requirement (FRR).
July 2, 2012
A single paragraph in a FERC order regarding a complaint by DC Energy against PJM may, "unnecessarily restrict the ability of market participants to engage in physical forward transactions," the Financial Institutions Energy Group (FIEG) warned in a request for clarification concerning the…
June 14, 2012
Indiana Michigan Power (AEP) has filed with the Michigan PSC proposed retail capacity rates to be paid by competitive supply customers (U-17032).
June 4, 2012
PJM has filed at FERC to modify the methodology for calculating marginal losses.
May 30, 2012
The Public Utilities Commission of Ohio today continued the application of interim capacity charges at AEP Ohio which are above the RPM market price for capacity, reversing an earlier order which had stated that the interim rates were to cease, in favor of the RPM price, after May 31, 2012.
May 30, 2012
AEP Retail Energy Partners LLC has requested a modification to the procedural schedule regarding consideration of the FirstEnergy Ohio utilities' electric security plan (ESP) , and an opportunity to present additional testimony, in light of the results of the PJM Base Residual Auction for the…
May 25, 2012
The Michigan PSC will establish a state compensation mechanism governing the charges paid by retail electric suppliers for capacity provided by Indiana Michigan Power Company to retail suppliers under I&M's Fixed Resource Requirement (Case No. U-17032).
May 21, 2012
A blowout clearing price of $357.00/MW-day for annual resources in the American Transmission Systems, Inc. zone resulting from PJM's Base Residual Auction for capacity for the 2015/16 period will no doubt have implications for several pending cases before the Public Utilities Commission of Ohio.
May 18, 2012
The PJM Independent Market Monitor has filed at FERC to withdraw its complaint against the unnamed owner of an unnamed capacity unit which the IMM alleged was using modeling assumptions in its capacity sell offer that were inconsistent with the Minimum Offer Price Rule in the Reliability Pricing…
May 15, 2012
Credits under PJM's price responsive demand (PRD) program, which reflect the capacity savings from the existence of the price responsive demand, will be paid only to load serving entities, and not non-LSE PRD providers, under a FERC order issued yesterday, but FERC will be monitoring the issue going…
May 8, 2012
The Ohio Energy Group, composed of several large industrial customers, has proposed in AEP Ohio's electric security plan proceeding that the capacity charge applicable to competitive retail suppliers taking capacity from AEP Ohio under the Fixed Resource Requirement should equal the average price of…
May 3, 2012
The PJM Independent Market Monitor has filed a complaint at FERC seeking a determination that various modeling assumptions, and the resulting sell offer, from an unnamed capacity supplier are invalid, and that the such assumptions must be modified to conform to the Minimum Offer Price Rule.
May 2, 2012
Increased competitive retail sales directly to large and mass market customers by FirstEnergy Solutions, net of the impact from changed pricing versus the year-ago, led to a $117 million improvement in commodity margin during the first quarter of 2012, FirstEnergy said in reporting earnings.
