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Resource Adequacy

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Luminant To Close Two More Texas Power Plants

Luminant, a subsidiary of Vistra Energy, today announced that it will close two coal-fueled power plants in Central Texas: its two-unit Sandow Power Plant in Milam County and its two-unit Big Brown Power Plant in Freestone County. In total, approximately 2,300 MW of nameplate power will be taken…

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Michigan Won't Require Retail Suppliers To Meet Locational Capacity Requirement Through 2021, Opens Case To Set Locational Capacity Starting in 2022

Adopts Capacity Showing Rules, Limits Reliance on MISO Auction To 5%

The Michigan PSC, in an order on the capacity demonstration process, ruled that LSEs, including retail suppliers, will not need to meet a locational capacity requirement for the period 2018-2021, but opened a new proceeding to determine the allocation of the forward locational requirement starting…

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Anderson: Energy-Only Not A "Broken" System, As Texas PUC Considers Efficiency Improvements

Marquez: We've Been Hearing About Same Retirements Since 2013 Anderson Cites Emergence Of Pairing Generation, Large Retail Load As Changing Generation Economics

As the Public Utility Commission of Texas held a workshop on potential enhancements to improve the efficiency of the ERCOT energy-only market, Commissioner Kenneth Anderson emphasized that the market is not "broken" and has performed well

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ERCOT Reports Changes To Offer Cap, Value Of Lost Load Need To Be Considered For Real-Time Co-optmization (Prices of $18,000/MWh One Approach)

ERCOT Reports Preliminary $40 Million Estimated Price Tag, 4-5 Years Implementation Time for Real-Tme Co-optimization

ERCOT filed a report on the potential implementation of the co-optimization of energy and operating reserves in the real-time market (RTC) in which ERCOT indicated that changes to the Value of Lost Load (VOLL) and System-wide Offer Cap (SWOC) would need to be considered

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