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May 1, 2012
FERC accepted for filing but suspended for five months the formula capacity rate filed rate by Indiana Michigan Power (I&M) Company, an AEP company, that would be charged to retail suppliers taking capacity under I&M's Fixed Resource Requirement plan, as FERC's preliminary analysis, "indicates that…
May 1, 2012
Ohio Power Company has petitioned PUCO to maintain the tiered capacity prices applicable to retail suppliers, including the $255/MW-day charge for competitive load in the second tier, until PUCO issues a merit decision in the capacity charge case (1 0-2929-EL-UNC).
April 20, 2012
N.Y. PSC Orders Corning to "Accommodate" Purchase of Receivables
April 20, 2012
FERC has approved a new shortage pricing mechanism at PJM which features an $850 per MWh reserve price cap, and a $2,700 per MWh combined energy and reserves price cap (ER09-1063).
April 19, 2012
Certain customers at Indiana Michigan Power Company (I&M), an AEP company, intend to take electric service from competitive suppliers in the "near future," the Michigan PSC has been informed.
April 17, 2012
Ohio Power Company (AEP Ohio) has created an organization called FairEnergyOhio.org which is running television ads opposing a mechanism under which retail suppliers would be charged the Reliability Pricing Model price for 100% of capacity provided by Ohio Power Company under its Fixed Resource…
April 13, 2012
The Maryland PSC has directed three of the state's investor-owned utilities to enter into a Contract for Differences to support construction of a 661 megawatt natural gas-fired combined-cycle generation plant in Charles County, Maryland, with all costs or benefits associated with the CfD borne…
April 11, 2012
FERC has ordered hearing and settlement judge procedures regarding an error in PJM's calculation of Operating Reserve Lost Opportunity Cost credits paid to generators, which resulted in an overpayment of such credits funded by load, but declined to address in the instant proceeding any issues…
April 4, 2012
Viridity Energy, Inc. has filed a complaint at FERC regarding the compensation provided to customers registering with one curtailment service provider (CSP) in PJM's capacity program, but who use a different CSP for energy and ancillary services (EL12-54).
April 3, 2012
Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company have informed the Public Utilities Commission of Ohio that, absent an order from PUCO insulating them from economic harm, the electric distribution companies do not plan to offer any potential energy…
March 27, 2012
FirstEnergy Solutions Corp. has filed a complaint at FERC concerning rules governing the PJM 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.
March 22, 2012
American Electric Power today made official notifications to regional reliability organizations PJM Interconnection and Southwest Power Pool (SPP) of the company's plan to retire more than 4,600 megawatts (MW) of coal-fueled power generation, primarily to comply with a series of U.S. Environmental…
March 22, 2012
Indiana Michigan Power Company (I&M), an AEP company, has sought FERC approval to charge a capacity rate other than the Reliability Pricing Model clearing price for capacity it provides to retail suppliers as the Fixed Resource Requirement entity (ER12-1173).
March 16, 2012
Monitoring Analytics, LLC, the Independent Market Monitor (IMM or MMU) for PJM, has released the 2011 State of the Market Report for PJM .
March 16, 2012
Despite the clear and plain language of the PJM tariff, whose meaning has already been confirmed by FERC, PJM suggests that FERC has a role in determining the state compensation mechanism to price capacity provided by Fixed Resource Requirement entities to competitive retail suppliers.
March 15, 2012
An Ohio attorney examiner has established a procedural schedule to determine a state compensation mechanism for capacity provided by AEP Ohio to retail suppliers, while the Retail Energy Supply Association sought rehearing of PUCO's decision to grant AEP Ohio interim relief with respect to capacity…
March 14, 2012
More than 93 percent of the total revenue paid by customers under the PJM Reliability Pricing Model has gone to the owners of existing power plants, the American Public Power Association said in a recent issue brief .
March 12, 2012
Exelon Corporation and Constellation Energy have completed their merger, effective today, in the wake of FERC's approval of the transaction on Friday.
March 8, 2012
FirstEnergy Generation Corp., a subsidiary of FirstEnergy Corp., has filed an application for a feasibility study with PJM Interconnection (PJM) to install and interconnect to the transmission system approximately 800 megawatts (MW) of new combustion turbine peaking generation at its existing…
March 7, 2012
The Public Utilities Commission of Ohio (PUCO) today established an interim two-tier capacity pricing system for AEP-Ohio. The interim capacity charges take effect immediately and will remain in place through May 31, 2012.
March 7, 2012
PJM has filed revisions to its operating agreement to reflect the permanent termination of Grunwald Fund, LP as a PJM Member in accordance with Sections 15.1.6(c) and 4.1(c) of the operating agreement.
March 6, 2012
FERC has rejected a request from the PJM Independent Market Monitor for "clarifications" to the PJM Minimum Offer Price Rule in the capacity market, as FERC found the request to be an untimely request for rehearing.
March 6, 2012
Some 36.7% of AEP Ohio's load has switched or the associated customers have indicated the intention to switch as of March 1, 2012, AEP Ohio said in a filing with PUCO in support of its request for relief from providing capacity to all competitive load at the RPM price.
March 5, 2012
Direct Energy Cites Cross-Sell Potential in Completing Acquisition of Home Warranty of America
March 1, 2012
FirstEnergy Solutions has opposed AEP Ohio's motion to reinstate the bifurcated capacity pricing mechanism applicable to retail suppliers, while AEP Ohio has asked FERC to expedite ruling on its complaint concerning the state compensation mechanism for capacity pricing.
