March 1, 2012
The Public Utilities Commission of Ohio has ordered Cleveland Electric Illuminating, Ohio Edison, and Toledo Edison to take actions to mitigate expected capacity price increases in the Reliability Pricing Model due to the retirement of certain units owned by FirstEnergy's generation subsidiaries.
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February 29, 2012
GenOn Energy, Inc. said today that it expects to deactivate 3,140 MWs of generating capacity in PJM between June 2012 and May 2015 because forecasted returns on investments necessary to comply with environmental regulations are insufficient.
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February 28, 2012
Notwithstanding a Public Utilities Commission of Ohio order revoking approval of a non-unanimous stipulation governing AEP Ohio's electric security plan (ESP), including terms relating to the capacity charge applicable to retail suppliers, AEP Ohio is seeking to implement the terms of the now…
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February 20, 2012
The Maryland PSC conditionally approved the merger of Exelon and Constellation Energy on Friday, with additional provisions relating to market power.
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February 17, 2012
Duke Energy Retail contributed about $67 million to adjusted earnings at parent Duke for the year 2011, executives reported yesterday.
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January 31, 2012
FERC accepted several changes to the Reliability Pricing Model tariff which will act to raise capacity prices, but ordered hearing and settlement procedures regarding the Cost of New Entry (CONE).
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January 26, 2012
AEP Ohio said that it would not file a new version of the Detailed Implementation Plan concerning the allocation of discounted capacity to customers absent further direction from the Public Utilities Commission of Ohio, or the case's attorney examiners, notwithstanding PUCO's recent entry requiring…
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January 24, 2012
The Public Utilities Commission of Ohio has clarified its order concerning the discounted capacity set asides available for shopping customers at AEP Ohio, which will expand the amount of load able to be served with RPM-priced capacity versus how AEP Ohio proposed to implement PUCO's prior order.
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January 12, 2012
FERC approved a settlement under which Joseph Polidoro, former Senior Vice President of North America Power Partners (2006-08), is to pay a civil penalty of $50,000 and be subject to a two-year ban from participation in PJM's Demand Response markets, to resolve various Enforcement Staff allegations.
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December 29, 2011
FirstEnergy Solutions has petitioned FERC, in a complaint, to direct PJM to allocate incremental real-time congestion charges to all transmission customers (EL12-19).
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December 23, 2011
Recent changes to the Reliability Pricing Model capacity mechanism filed by PJM are meant to inflate capacity prices, the Maryland PSC said in a protest at FERC.
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December 20, 2011
New Jersey should consider the possibility of creating a state power authority if ratepayer-backed long-term capacity contracts fail to clear the May 2012 and May 2013 Reliability Pricing Model auctions, New Jersey BPU Staff has recommended to the Board.
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December 16, 2011
FERC generally denied rehearing requests regarding Order 745, which ordered demand response to be paid the full LMP under certain conditions, but did clarify circumstances in which the full LMP shall not be paid to demand resources.
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December 15, 2011
FERC has subjected PJM's price responsive demand (PRD) filing to the outcome of a technical conference and further Commission order (ER11-4628).
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December 12, 2011
Interstate Gas Supply has asked the Public Utilities Commission of Ohio to cap the amount of discounted capacity available to governmental aggregations which would otherwise be made available under a pending non-unanimous settlement regarding AEP Ohio's electric security plan.
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December 2, 2011
PJM has filed several proposed tariff changes with FERC, the principal design of which are to increase capacity prices in the Reliability Pricing Model.
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November 30, 2011
PJM has filed tariff changes with FERC to implement, as required by FERC, periodic audits of a market participant's risk management policies by PJMSettlement.
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November 28, 2011
PJM Reports Amount Load Overpaid in 2009-2011 due to Error
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November 18, 2011
FERC denied rehearing on all but several minor points regarding its prior decision to inflate capacity prices in PJM by $3 billion by accepting a revised Minimum Offer Price Rule (MOPR), which, among other things, removed the exemption from the MOPR for capacity sellers who were not net short on…
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November 15, 2011
PJM has been over-paying Balancing Operating Reserve Lost Opportunity Cost credits to generators for an extended period of time which extends beyond the two-year limit for adjusting billing statements, it reported to FERC.
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November 15, 2011
PJM's proposal to limit the allocation of Price Responsive Demand credits to the load-serving entity which serves the load engaging in Price Responsive Demand is not anti-competitive or unjust and unreasonable, the Retail Energy Supply Association said in an answer at FERC (ER11-4628).
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November 10, 2011
PJM has sought a declaratory order from FERC to resolve uncertainty regarding how PJM should recover from its members the costs allocated to PJM by FERC for certain phase angle regulator (PAR) transmission facilities to be installed by International Transmission Company on ITC's transmission system…
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October 31, 2011
In the latest and most brash example yet of the desire of competitive generation owners to restrict customer choice, Calpine COO Thad Hill said during an earnings call that retail choice in Texas puts negative pressure on new build in ERCOT, and lamented that there is no "serious dialogue" on this…
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October 25, 2011
EPSA yesterday released a set of policy principles for organized wholesale power markets .
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October 18, 2011
Fresh off scoring a victory which will needlessly add millions to retail electric rates, generators are now seeking to lighten their own credit burden under FERC's RTO credit "reform" order (ER11-3972 et. al.).
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