September 24, 2013
"Despite the claims of a few incumbent generators, there is no impending disaster or reliability emergency requiring radical action," Texas Industrial Energy Consumers said in comments to the Public Utility Commission of Texas.
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September 24, 2013
Texas customers filing comments yesterday at the Public Utility Commission of Texas were universal in their opposition to a mandated reserve margin.
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September 24, 2013
The parent of a Texas retail electric provider, in a push for a mandated reserve margin and centralized capacity market, has said that electricity is, "an essential part of life," and therefore, "Texans expect and deserve electric service 100% of the time " (emphasis added).
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September 20, 2013
"It is difficult to declare the [ISO New England] capacity market a success if a significant number of the resources that have been selected and compensated as capacity resources fail to perform as needed," Robert Ethier, Vice President of Market Development for ISO New England, said in comments at…
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September 20, 2013
Adopting a mandated reserve margin in Texas, and the attendant mandatory capacity obligation, would be inconsistent with the vision of Governor Rick Perry's Competitiveness Council and specifically the Competitiveness Council's State Energy Plan.
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September 18, 2013
ERCOT said in a market notice yesterday that it has posted an updated tool to backcast online and offline reserve prices as well as Peaker Net Margin (PNM) under the real-time scarcity pricing concept known as "Interim Solution B+", a form of an operating reserves demand curve.
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September 17, 2013
Showing once again its utter indifference to realities of the retail electric market, FERC has assigned unhedgeable, out-of-market costs to load serving entities, such as retail suppliers, deeming that retail suppliers "benefit" from such costs.
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September 16, 2013
Testifying before a state senate hearing, Pennsylvania PUC Chairman Robert Powelson expressed concerns with the impact on "reliability" and "jobs" from the planned closure of two FirstEnergy Generation power plants in Pennsylvania, validating concerns expressed by other state regulators who have…
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September 16, 2013
The northeast RTOs are facing "disastrous" consequences if they do not reform their capacity markets, Entergy Corporation Chairman and Chief Executive Officer Leo Denault said during a Barclays conference Friday, further affirming that capacity market designs are not successful markets which assure…
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September 12, 2013
Although the superior policy was already clear for a variety of reasons, the institution of involuntary firm load shed in PJM, due in part to a lack of available generating capacity (click here for story) , provides Texas with the inescapable conclusion that requiring a mandated reserve margin to be…
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September 12, 2013
In what is ultimately a failure of a mandated reserve margin to keep the lights on -- despite the billions of dollars in costs that it annually imposes on customers -- PJM was forced to direct utilities to involuntarily curtail tens of thousands of customers on Tuesday, due to "unseasonably" hot…
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September 11, 2013
The Texas Public Policy Foundation released a Q&A on the Texas electricity market, providing an overview of the Texas electricity market and the current debate over, "whether Texas should abandon its world-class competitive market and move to a capacity market that would provide subsidies for…
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September 11, 2013
Texas, and its energy-only market, continue to lead independent assessments as the most attractive climate for businesses, despite feigned protestations that the energy-only market and a non-mandated reserve margin make the state unattractive for businesses, as Texas has now been named the top state…
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September 11, 2013
Mandating a minimum reserve margin in Texas, meaning an administratively determined reserve margin which has to be met, runs counter to the compact made with Texas customers who were compelled to invest in the ubiquitous deployment of advanced meters, and would essentially turn that investment into…
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September 10, 2013
The "vast majority" of the capacity payments in the eastern RTO capacity markets, "are made to resources that are economic and will operate the same without regard to the magnitude of the capacity payment they receive," economist James F. Wilson said in comments to FERC in a proceeding reviewing the…
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September 5, 2013
ISO New England has sought changes to the forward capacity market design because the current rules have never actually required capacity resources to meet performance obligations.
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September 5, 2013
Frustrated with stakeholders that have chosen to "polarize" the Arizona Corporation Commission's investigation of retail electric choice, Commissioner Bob Burns suggested that an evidentiary hearing may be appropriate, and issued a list of supplemental questions.
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September 4, 2013
The Electric Reliability Council of Texas (ERCOT) announced that it expects to have enough power available to serve peak demand needs this coming fall and winter, even if extreme weather or an unusually high number of forced generation outages dip into its planning reserves.
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August 30, 2013
The Public Utility Commission of Texas directed ERCOT to begin drafting protocols for implementation of an Operating Reserves Demand Curve as the Commission considers final approval, while Commissioners agreed to examine several questions in a new phase of its resource adequacy investigation…
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August 28, 2013
Another independent publication has ranked Texas as among the best climates for business, despite the narrative that "reliability" problems caused by the energy-only market and forecasts of declining reserve margins are going to keep businesses away.
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August 28, 2013
A Texas capacity market would cost $4.7 billion annually, according to a study by Charles Rivers Associates commissioned by NRG Energy, Inc. which was filed with the Public Utility Commission of Texas.
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August 26, 2013
A FERC Staff report issued ahead of a technical conference on capacity markets in the FERC-jurisdictional RTOs confirms that current capacity market designs are not desirable for implementation in Texas, and that if Texas were to adopt a mandated reserve margin, it will need to look at novel…
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August 20, 2013
The "outlook for dire consequences" with respect to resource adequacy in Texas, "appears to be wholly overstated," a coalition of competitive electric suppliers has conceded, raising the question of why some of these same suppliers (or their affiliates) are pressing for costly administrative…
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August 19, 2013
The Arizona Residential Utility Consumer Office (RUCO) said in reply comments concerning the state's investigation of electric retail access that it is interested in learning more about several retail access designs which do not extend choice eligibility to all customers.
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August 13, 2013
A year after rehearing requests were filed regarding buyer-side "mitigation" in the Midwest ISO's capacity market, FERC said that it would benefit from briefing on the issue, and set a schedule for such briefs.
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