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November 8, 2013
Calpine, which spent much of an earnings call pressing for a centralized capacity market as the mechanism to meet a mandated reserve margin in Texas, continues to describe new physical capacity investments clearing the PJM capacity market as "questionable" and, "unlikely to be completed."
November 4, 2013
ERCOT expects to have sufficient resources to meet winter and spring electricity demand, it said in a final winter assessment and preliminary spring outlook.
October 31, 2013
Exelon, the self-proclaimed leader in "competitive" generation, told investors that it will continue to pursue victories -- not in the marketplace but before the courts, regulators and legislators -- to "support our pricing" of its competitive generation assets.
October 29, 2013
Texas State Senator Troy Fraser has said that he will hold hearings on the Public Utility Commission of Texas' decision to institute a mandatory reserve margin.
October 28, 2013
ERCOT has received a Notification of Suspension of Operations (NSO) for the following Generation Resources:
October 28, 2013
With a majority of the Public Utility Commission of Texas agreeing that the reserve margin in ERCOT should be a mandate, the question immediately implicated is the mechanism to achieve the mandate.
October 28, 2013
In a triumph of government largesse over customer choice, a majority of the Public Utility Commission of Texas have endorsed a mandated reserve margin for the ERCOT region.
October 25, 2013
Perry Capital, LLC and CarVal Investors, LLC filed comments with the Public Utility Commission of Texas yesterday stating that a, "properly designed forward capacity market is the most efficient mechanism to both achieve mandatory reserve margin requirements and satisfy [sought] fundamental…
October 23, 2013
The Dallas Business Journal has published a great interview with John Werner, President of Source Power & Gas, in which Werner warns that granting compulsory capacity payments to capacity owners in ERCOT would allow those capacity owners who also own REPs to, "use that money to undercut me and…
October 23, 2013
By Paul Ring • ring@energychoicematters.com
October 21, 2013
GDF SUEZ Energy North America, Inc. has proposed increasing the Value of Lost Load (VOLL) used to create the Operating Reserve Demand Curve (ORDC) in ERCOT due to what GDF called "unintended consequences" of the use of the cumulative distribution function to design the curve.
October 18, 2013
Consumers Energy has sought Michigan PSC approval to conduct an auction to meet its reserve requirements for the Midwest ISO Planning Year 2016 and determine if certain capacity acquisitions can achieve a net reduction in PPA, fuel and labor costs for MISO Planning Years 2014 and 2015.
October 16, 2013
The Michigan Energy Office issued a draft report regarding electric choice policy options
October 16, 2013
Testifying before a Texas Senate hearing yesterday, Texas Public Utility Commissioner Brandy Marty said that an answer on Texas' resource adequacy questions, particularly whether a reserve margin should be mandated, should be expected by very early next year.
October 11, 2013
ERCOT Issues Final RMR Determination for Luminant Unit
October 11, 2013
The Electric Markets Research Foundation released its initial publication, a report by Navigant Consulting, Inc. comparing the development of traditionally regulated electricity markets with more recent restructured power markets often accompanied by retail customer choice.
October 10, 2013
"A more accurate assessment of the [peak load] data ... has debunked the notion that Texas needs to adopt a capacity market with subsidies to generators as high as $4 billion a year," the Texas Public Policy Foundation said in a report examining persistent over-forecasting of load in the ERCOT CDR…
October 9, 2013
What a difference a year (or state) makes.
October 9, 2013
The following is a letter from Jeff Nottingham, an energy economist with Verdigris Energy LLC and a veteran of the ERCOT market, to EnergyChoiceMatters.com concerning recent generation development in ERCOT, and innovative technologies to reduce the cost of new build, all of which are occurring under…
October 9, 2013
"I'm not sure any capacity market is really a good facilitator of the actual decision to invest [in new capacity]," Dr. David Patton, President of Potomac Economics, ERCOT's Independent Market Monitor, said during a Texas workshop on resource adequacy yesterday.
October 4, 2013
The Compete Coalition has tarnished its reputation, and damaged its ability to advocate the introduction of retail choice to new markets, by wading into the Texas debate over "reliability" (meaning resource adequacy), and lending credence to the view -- oft-cited by critics of restructuring -- that…
October 4, 2013
There's some 30 states in the United States which offer customers no electric choice, and a handful more that severely limit electric choice, so it's only natural that the Compete Coalition, an organization which, "support[s] well-structured competitive electricity markets for the benefit of our…
October 2, 2013
A draft segment report on Michigan's energy future from the PSC and Michigan Energy Office states that subsidized electric rates for large volume users should be carefully examined.
October 2, 2013
"What we see that has happened in PJM is a recipe for what can happen here in Texas," if a capacity market is adopted, William A. Von Hoene, Jr., Senior Executive Vice President & Chief Strategy Officer for Exelon, said in addressing the Gulf Coast Power Association.
October 1, 2013
ERCOT Receives NSO for AES Deepwater Units
