December 5, 2011
ERCOT has filed Nodal Protocol Revision Request (NPRR) 432 to institute parameters governing ERCOT's procurement and deployment of Resources that may be used to alleviate imminent Emergency Conditions in a manner not otherwise delineated in the Protocols and Operating Guides, specifically, in taking…
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December 2, 2011
The California PUC adopted as final new rules governing security requirements applicable to electric service providers, and adjustments to the Market Price Benchmark (MPB) used to determine the nonbypassable indifference charges assigned to customers leaving bundled utility service (Rulemaking 07-05…
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December 1, 2011
ERCOT released its December capacity, demand and reserves report indicating that capacity is expected to fall below the target reserve margin beginning next summer.
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November 18, 2011
FERC denied rehearing on all but several minor points regarding its prior decision to inflate capacity prices in PJM by $3 billion by accepting a revised Minimum Offer Price Rule (MOPR), which, among other things, removed the exemption from the MOPR for capacity sellers who were not net short on…
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November 11, 2011
PUCT Commissioner Kenneth Anderson has expanded on the "comprehensive and holistic" approach that should be taken to resolve the resource adequacy and shortage pricing issues in the ERCOT market which includes measures beyond simply the recent floors for Non-Spin Reserve Service (NSRS).
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October 28, 2011
The extreme summer in ERCOT has prompted Constellation Energy to consider the construction of new peaking generation, executives said on an earnings call.
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October 27, 2011
The PUCT agreed, by a 2-1 margin, to set new offer floors for Non-Spinning Reserve Service (NSRS).
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October 25, 2011
EPSA yesterday released a set of policy principles for organized wholesale power markets .
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October 21, 2011
The California PUC opened Rulemaking 11-10-023 to establish local resource adequacy (RA) procurement obligations, and make other refinements to the RA program, for the 2013 compliance year.
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October 17, 2011
The Midwest ISO filed an answer at FERC attempting to justify its capacity cost allocation method for states with retail choice, but its arguments were strained or simply puzzling.
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October 17, 2011
Imposing Non-Spinning Reserve Service (NSRS) price floors in ERCOT under the "compromise" proposal would have increased average prices by $46.49/MWh in 2011, if the low system offer cap [LCAP] were not applied, the Texas Industrial Energy Consumers said in comments to the PUCT.
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October 13, 2011
Although PUCT Chairman Donna Nelson had not been entertaining adoption of a capacity market in ERCOT, despite the constant drumbeat from some asset owners for such a design, Nelson said that recent comments from a major PJM generation owner has put the nail in the coffin for her appetite for a…
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October 13, 2011
NRG Energy has asked the Maryland PSC to remove the geographic limitation in the PSC's current RFP for 1,500 MW of new gas-fired capacity.
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October 10, 2011
Pepco and Delmarva Power have informed the Maryland PSC that they may petition for reconsideration of PSC's decision to issue an RFP for up to 1,500 MW of new generation under long-term contracts, stating that the PSC should consider utility-built generation to meet any identified capacity needs.
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October 4, 2011
Combined cycle gas turbine generation built pursuant to a Maryland RFP would be expected to clear the Reliability Pricing Model auction even under the Minimum Offer Price Rule, two analysts at UBS Securities said in a note to clients.
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September 30, 2011
The issuance of an RFP for new generation, "is in the best interest of Maryland ratepayers and may promote the long-term electric reliability of the State," the Maryland PSC concluded yesterday in an order issuing an RFP for up to 1,500 MW (Case 9214).
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September 22, 2011
"The short term capacity market doesn't work," Keith Trent, Group Executive and President of Commercial Businesses for Duke Energy, observed during the Ohio Governor's 21st Century Energy & Economic Summit yesterday.
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September 16, 2011
The treatment of load forecasting under the Midwest ISO's proposed revisions to its capacity mechanism, "places non-EDC LSEs in a competitively disadvantageous position that makes the tariff provisions unjust, unreasonable and unduly discriminatory," the Retail Energy Supply Association said in a…
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September 12, 2011
ERCOT has received a Notification of Suspension of Operations for Midlothian Energy LP's Midlothian CT5 unit (MDANP_CT5), a gas-fired unit. In ERCOT's most recent CDR report, Midlothian CT5's capacity is listed as 225 MW summer, 247 MW winter.
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September 12, 2011
In a pleading likely to fall on deaf ears at FERC (ER11-4081), the Illinois Commerce Commission expressed, "significant doubts that a centralized capacity market, as proposed by [the Midwest ISO], is necessary for the Midwest."
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September 8, 2011
Regulation, Ramping RA Obligation for California LSEs Deferred to Future Rulemaking
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September 1, 2011
Under a "best case" scenario, the U.S. EPA's Cross-State Air Pollution Rule will result in a reduction in ERCOT capacity of 3,000 MW during March, April, October, and November, and 1,200-1,400 MW during all other months, including the summer months, ERCOT reported today in an updated analysis.
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August 30, 2011
Independent Market Monitor Potomac Economics released today the 2010 ERCOT State of the Market Report.
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August 24, 2011
A draft California PUC decision would conclude that the security posted by electric service providers must include all of the investor-owned utilities' (IOUs) incremental costs to serve customers involuntarily returned to the utility, and would adopt, with modifications, a formula proposed by…
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August 23, 2011
PUCT Commissioners yesterday debated whether adjusting the offer cap or Power Balance Penalty Curve may ultimately be a more efficient means of assuring resource adequacy versus changes in Non-Spinning Reserve Service (NSRS) and Reliability Unit Commitment (RUC).
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