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December 1, 2014
FERC on November 28 approved most of PJM's sought revisions to the PJM capacity market variable resource requirement (VRR) curve and related revisions sought under the triennial review process, adopting changes which lead to gold-plating of the reliability target and which load interests have said…
November 21, 2014
Capacity markets, Texas policymakers were told, provide a net benefit to customers because they eliminate unpredictable and volatile instances of excessive scarcity pricing in the energy market that customers cannot stomach, and therefore the billions provided in capacity subsidies result in lower…
November 3, 2014
The Electric Reliability Council of Texas (ERCOT) expects the region will have sufficient electric supplies this winter, based on a broad range of planning scenarios in the Seasonal Assessment of Resource Adequacy (SARA) released Friday.
October 14, 2014
The New York PSC has issued an agenda for its November 5 joint technical conference with FERC concerning the New York ISO capacity market.
October 10, 2014
The Public Utility Commission of Texas has directed the Independent Market Monitor and Texas Reliability Entity to "investigate" the load shedding event that occurred in the Lower Rio Grande Valley on October 8.
October 9, 2014
ERCOT instituted rotating outages limited to the Lower Rio Grande Valley for an approximately two-hour period yesterday
September 30, 2014
The Independent Market Monitor has released the 2013 state of the market report for the ERCOT market.
September 18, 2014
The New York PSC and FERC will hold a joint technical conference to address New York markets and infrastructure on November 5.
September 10, 2014
FERC has accepted without modification ISO New England's 2014-15 winter reliability program, a series of non-market programs and compensation which are said to be needed to assure reliability.
September 4, 2014
Proposed changes just to the PJM variable resource requirement (VRR) curve would cost over $4 billion over three years, a coalition of state regulators, consumer advocates, and industrial customers said in a letter to PJM's Board of Managers.
September 3, 2014
ERCOT expects to have sufficient electricity available to keep up with peak demands this fall and the upcoming winter, it said in two seasonal assessments.
August 4, 2014
Events of last winter have made obvious what critics of capacity markets have long-stated, and have forced PJM, in a draft problem statement published Friday, to concede that, "the current set of performance incentives and penalties for Capacity Resources does not sufficiently address all that is…
June 30, 2014
Staff of the Public Utility Commission of Texas have scheduled a workshop for September 12 regarding its Review of the reliability standard in the ERCOT region (Project No. 42302)
June 23, 2014
The Public Utility Commission of Texas has agreed on an approach to examine the reliability standard in the ERCOT market.
June 16, 2014
Staff of the Public Utility Commission of Texas have filed a memo in advance of the Commission's June 20 open meeting concerning next steps in the Commission's review of the reliability standard.
June 13, 2014
The New York State Public Service Commission announced that it has given its regulatory approval to repower the Dunkirk power plant, owned by NRG Energy, under a $140 million agreement between National Grid and NRG.
June 3, 2014
DTE Electric (Detroit Edison) issued a Request for Proposal to solicit bids for the company to acquire an operational natural gas simple and/or combined cycle generating plant.
June 2, 2014
FERC approved, without modification, ISO New England's proposal to introduce a sloped demand curve into its forward capacity market, effective for auction for the 2018-19 delivery year.
May 2, 2014
ERCOT's May Capacity, Demand and Reserves report has again shown an improvement in forecast reserve margins as certain delivery years draw near, and now forecasts adequate reserve margins for the next three years -- the very outcome expected under a well-functioning energy-only market.
April 11, 2014
Staff of the Public Utility Commission of Texas filed a memo outlining their proposal to examine issues related to the reliability standard in the ERCOT region.
April 9, 2014
Addressing the U.S. Chamber of Commerce, FirstEnergy Corp. CEO Anthony Alexander complained yesterday of "intrusive and disruptive" government interference in the electric markets.
April 2, 2014
ISO New England has filed at FERC to implement a system-wide sloped demand curve in its capacity market for Forward Capacity Auction 9 to be held in February 2015, for the 2018-19 delivery year.
April 2, 2014
"We love freedom in Texas ... and as I sit here today our focus is on freedom," Andrew Sunderman, Chief Financial Officer of Direct Energy, said in a keynote at the Gulf Coast Power Association spring conference.
March 14, 2014
A decision from the California PUC authorizes two utilities to procure generation to meet local capacity requirements, with recovery authorized through the nonbypassable Cost Allocation Mechanism.
March 7, 2014
The Texas Public Policy Foundation has released a new presentation: "Letting the Facts Speak: Texas' Reliable Electricity Market."
