February 12, 2019
In comments on a Texas PUC rulemaking, Texas Competitive Power Advocates (TCPA) have proposed, as a "preferred" recommendation, eliminating the Low System-Wide Offer Cap (LCAP) in ERCOT
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February 7, 2019
ISO New England's 13th Forward Capacity Market (FCM) primary auction (FCA #13), for the delivery year 2022-2023, closed at a preliminary clearing price of $3.80 per kilowatt-month (kW-month) across New England, compared to $4.63/kW-month in last year’s auction.
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January 17, 2019
Note: This story was first published on Jan. 17 with an alert to our email subscribers
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January 17, 2019
Note: This story was first published on Jan. 17 with an alert to our email subscribers
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January 10, 2019
As part of an electric rate case settlement at Consumers Energy, the Michigan PSC approved a State Reliability Mechanism charge of $335.99/MW-day at Consumers Energy
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January 9, 2019
Staff Concerned Proposed Renewable PPAs Could Crowd Out Competitive Options
Staff of the Public Utilities Commission of Ohio (PUCO) has filed testimony stating that AEP Ohio has not demonstrated a need for at least 900 megawatts (MWs) of renewable generation resources
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December 24, 2018
ERCOT has received a Notification of Suspension of Operations (NSO) for the following Generation Resource: City of Garland – GIBCRK_GIB_CRG1 (Gibbons Creek Generating Station)
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December 21, 2018
Final Report Finds Economically Optimal Reserve Margin To Be 9.0% Final Report Finds Market Equilibrium Reserve Margin As 10.25%
The Electric Reliability Council of Texas, Inc. has posted a final version of the Estimation of the Market Equilibrium and Economically Optimal Reserve Margins for the ERCOT Region report
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December 14, 2018
The California PUC affirmed a citation against Pilot Power Group, Inc. (PPG) for a Resource Adequacy (RA) deficiency, denying an appeal from PPG
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December 7, 2018
Says Greater Transparency Needed Into Demand Response, Distributed Generation
Discussing the latest ERCOT CDR report at today's open meeting, Texas PUC Chairman DeAnn Walker said that, in light of significant, customer-centric changes in the electric market, ERCOT needs better transparency into the amount of demand response, distributed generation, and self-generation in the…
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December 6, 2018
Committee Report Recommends End Of State Power Program (GLO Sale Of Electricity From Selected Retail Provider)
Committee Report Says Capacity Markets "Certainly" Prop Up, "Older, More Inefficient," Power Plants At "Inordinately Burdensome" Cost
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December 4, 2018
The Electric Reliability Council of Texas (ERCOT) today released its December Capacity, Demand and Reserves (CDR) Report, which includes planning reserve margins for the next five years.
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December 4, 2018
During the initial workshop in the Arizona Corporation Commission's latest consideration of electric choice, Commissioner Boyd Dunn expressed concern that residential customers in the rural parts of the state would not see the same benefits of electric choice as other customers.
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November 26, 2018
A proposed decision from two California ALJs would adopt a multi-year local resource adequacy (RA) requirement with the investor-owned utilities acting as a central buyer for all LSEs, including retail suppliers
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November 1, 2018
The Electric Reliability Council of Texas (ERCOT) said today that it anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this winter and in spring 2019.
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October 26, 2018
REPs: Current Thinking Is ORDC Change Isn't Change In Law Allowing Change To Fixed Price REPs Facing "Pretty Tight Squeeze" If Not Enough Lead Time Provided For Any Change Walker: "2019 Is Going To Be Harder"
Walker: Must Consider Greater Customer Interplay In ERCOT Market
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October 15, 2018
Draft Finds Economically Optimal Reserve Margin To Be 9.0% Draft Finds Market Equilibrium Reserve Margin As 10.25%
The Electric Reliability Council of Texas, Inc. filed with the Texas PUC a draft report titled "Estimation of the Market Equilibrium and Economically Optimal Reserve Margins for the ERCOT Region." The report estimates the Market Equilibrium Reserve Margin (MERM) and Economically Optimal Reserve…
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October 12, 2018
PUC Mandates Retail Suppliers File Confidential Contractual Info To Assist In Developing Benchmark Prices Cap Adopted For PCIA, But Starts in 2020
PUC Orders Development Of PCIA Prepayment Option, Adopts "Framework", Implementation Subject To Further Proceeding
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September 28, 2018
During yesterday's open meeting, Commissioners of the Texas PUC agreed to "more broadly" open a rulemaking concerning 16 TAC § 25.505, relating to resource adequacy in the energy-only market design, to "clean up" the rules in addition to addressing two issues identified by Staff
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September 25, 2018
ERCOT has filed with the Public Utility Commission of Texas ERCOT's Review of the Summer of 2018 (June - August) presentation that includes key observations for the summer 2018 and links to summer analysis data sources
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September 17, 2018
In comments to the Texas PUC concerning ERCOT summer market performance, the Texas Energy Association for Marketers (TEAM), in responding to a specific question concerning whether scarcity pricing produced sufficient revenue to ensure resource adequacy, stated, "If the Commission decides that an…
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September 17, 2018
In comments to the Texas PUC concerning summer ERCOT market outcomes, Potomac Economics, the Independent Market Monitor (IMM) for ERCOT, said that, "Early indications of market outcomes through August are that net revenues provided by the ERCOT real-time market in 2018 will not be at a level…
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September 7, 2018
The Electric Reliability Council of Texas (ERCOT) anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this fall and winter.
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August 29, 2018
The Michigan PSC adopted an order maintaining the current state reliability mechanism (SRM) capacity charge at Upper Michigan Energy Resources Corporation (UMERC) until a final order in Upper Michigan Energy Resources Corporation’s next general rate case.
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August 24, 2018
Starts Review By Proposing Questions On Wholesale Price Formation
In a proposed process to begin a review of the Summer 2018 ERCOT Market Performance, Staff of the Public Utility Commission of Texas noted that the PUC may wish to address lessons learned and issues related to retail mass transitions and market participant collateral, in addition to other issues…
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