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August 22, 2011
In the August 29 edition of the Weekly Standard, published in advance online , author Michael Warren faults New Jersey Gov. Chris Christie's energy policy as being "not so conservative," due to the Long-Term Capacity Pilot Program (LCAPP). However, the Weekly Standard either fails to recognize, or…
August 22, 2011
The current ERCOT market design, "may encourage other retailers to rely too heavily on short-term markets for supply," TXU Energy said in comments to the PUCT regarding changes to Non-Spinning Reserve Service (NSRS).
August 18, 2011
Current Minimum Offer Price Rules (MOPR) in PJM's capacity market, "may undermine bilateral long-term contracting, self supply, and force some entities [to] switch to FRR [Fixed Resource Requirement] inefficiently," the Brattle Group said in an updated study on the Reliability Pricing Model .
August 17, 2011
The Electric Reliability Council of Texas has signed Reliability Must Run (RMR) Agreements with two Resource Entities to return Mothballed Generation Resources to service as soon as practicable to mitigate capacity shortages during the extreme heat and drought conditions impacting the ERCOT Region.
August 10, 2011
The California PUC issued a proposed decision which would modify several aspects of the treatment of demand response under the Resource Adequacy (RA) mechanism.
August 2, 2011
The Midwest ISO told Matters this afternoon that retail suppliers will pay the applicable capacity auction clearing price for any new load acquired as a result of switching under MISO's proposed modifications to its Module E resource adequacy construct.
July 25, 2011
PJM said in a FERC filing that it "will" propose a New Entry Price Adjustment (NEPA) alternative under which PJM would operate a voluntary capacity auction that would allow suppliers to submit offers to sell standardized multi-year contracts in excess of three years (ER11-2875).
July 21, 2011
The Midwest ISO's formal tariff filing at FERC to implement revisions to its Module E resource adequacy construct, including the creation of an annual commitment period and central auction with opt-out provisions, still leaves many questions unanswered regarding the interaction of various elections…
July 20, 2011
"Texas could face a shortage of generation necessary to keep the lights on in Texas within a few years," if the U.S. EPA's Cross-State Rule is implemented as written, ERCOT CEO H.B. "Trip" Doggett said in a statement yesterday.
July 1, 2011
The PUCT has focused attention on two relatively near-term solutions to reduce the pricing effects that various ancillary service deployments have on energy market prices in ERCOT. Specifically, such deployments tend to depress energy prices, reducing scarcity prices needed to incent new investment.
June 30, 2011
Calls for various changes in the ERCOT energy-only market design amount to generators seeking "help" from the PUCT in building new generation.
June 28, 2011
The Pennsylvania Senate has confirmed Pamela Witmer, former President and CEO of the Pennsylvania Chemical Industry Council, to the PUC. Witmer will succeed Commissioner Tyrone Christy, whose last Public Meeting will be June 30.
June 24, 2011
More than half of New England customers are opposed to government intervention in resource adequacy, according to a recent survey conducted for the New England Energy Alliance.
June 23, 2011
Responding to the American Public Power Association's characterization of proposed changes to the Midwest ISO Module E resource adequacy construct, MISO emphasized several key differences in the MISO proposal versus the PJM Reliability Pricing Model.
June 23, 2011
Texas, "must not in a reactionary mode rush to impose up-front administrative fixes to potential future threats, and thereby do exactly that [about] which we are fighting the EPA: and that is increasing the cost of doing business ... through [higher] electric charges," Luke Bellsnyder, executive…
June 21, 2011
FERC has denied a request from Sempra Generation to make capacity sales to its affiliate San Diego Gas & Electric Company pursuant to a competitive solicitation, as FERC found that the solicitation does not satisfy the Commission's concerns regarding the potential for affiliate abuse (ER11-3464).
June 21, 2011
Texas Competitive Power Advocates is seeking to impose a "backstop" capacity obligation on ERCOT loads.
June 17, 2011
Frustration of policymakers in Maryland, New Jersey, Connecticut and other states with capacity prices, "stems from a basic flaw in RTO-run centralized markets -- they do not sufficiently support new generation investment but instead overcompensate existing generators," the American Public Power…
June 13, 2011
PUCT Schedules Additional Reserve Adequacy Workshop
June 3, 2011
PSEG Power Terminates Sale of Odessa Facility, Seeks New Buyer
June 1, 2011
Note : ERCOT has issued corrected numbers after releasing its initial data. The updated numbers can be found here . While there are some slight changes in the projected reserve margins, the revisions do not lead to a projected reliability violation where there was not one previously, or vice versa…
May 31, 2011
The Midwest ISO ignored the fact that its Module E Resource Adequacy construct, regardless of whether an auction is used to procure capacity, has imposed new costs on load that would otherwise not be required, and that such costs would be imposed on customers at Entergy Texas should it join MISO.
May 24, 2011
The California PUC has issued a proposed decision establishing local procurement obligations for 2012 and further refining the resource adequacy program (Rulemaking 09-10-032).
May 23, 2011
The Public Utility Commission of Texas scheduled a workshop for June 22 regarding the potential effect of proposed federal environmental regulations on reserve adequacy in ERCOT (see 5/12) .
May 13, 2011
The Fixed Resource Requirement (FRR) alternative to the PJM Reliability Pricing Model capacity auctions is "effectively unavailable" to any state with retail choice, the Maryland PSC said in a rehearing request at FERC, which begs the question, if Maryland and New Jersey are unable to overturn…
