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May 13, 2011
Capacity markets do not appear to produce the results they are designed to produce, while engendering significant litigation and conflict between consumers and generators, PUCT Chairman Barry Smitherman said during yesterday's open meeting.
May 12, 2011
Various proposed regulations by the U.S. Environmental Protection Agency could lead to the retirement of 8,100 MW of gas-fired generation, and, in a worst case scenario, 5,600 MW of coal-fired generation.
May 6, 2011
The United States, particularly New England and the mid-Atlantic, are facing an "alarming" shortage of baseload construction, and efforts by FERC to stymie state-led baseload development will likely lead to a "breaking point" for state policymakers, said Steve Mitnick, president of Build Energy…
April 5, 2011
The California PUC has issued a draft decision to harmonize its nonbypassable Cost Allocation Mechanism (CAM) rules, which assign costs of generation built or procured for reliability, with the language of SB 695 (R. 10-05-006).
March 30, 2011
The New Jersey Board of Public Utilities yesterday awarded three long-term Standard Offer Capacity Agreements to build new mid-merit electric generation facilities, which are anticipated to reduce retail electric rates by $1.8 billion.
March 18, 2011
In another order which will eventually raise retail electric rates, FERC mandated the use of a using a "one day in ten year" loss of load criterion in resource adequacy studies in the ReliabilityFirst region (RM10-10).
March 7, 2011
PJM's Reliability Pricing Model, "may provide near-term value to system reliability, [but] these short term solutions will not provide for long-term SOS needs," Maryland PSC Chairman Douglas Nazarian said in testimony protesting proposed changes from PJM and the PJM Power Providers Group regarding…
March 4, 2011
The PUCT has directed Staff to restart work on Project 37897, which was originally opened as a proceeding relating to resource and reserve adequacy and shortage pricing (see 1/20/10) .
February 16, 2011
PUCT Chairman Barry Smitherman, during a Texas Senate hearing on the rolling outages earlier this month, said that ERCOT's current market design sends the correct signals to plants to be online when needed most, so plants can take advantage of any potential scarcity pricing which results during…
January 31, 2011
The introduction of 1,800 MW of new capacity in the Pepco zone, which would bid into the Reliability Pricing Model at $0 due to a ratepayer-based long-term contract, would save PJM end users $1 billion annually in capacity payments, according to an analysis by the Independent Market Monitor.
January 18, 2011
Citing $1 billion in annual costs to Maryland ratepayers from PJM’s centralized, forward capacity market which has failed to lead to new baseload, Baltimore Sun columnist Jay Hancock has three recent columns/posts on the need to re-regulate Maryland’s procurement of electric supplies. As first noted…
January 11, 2011
Notwithstanding the fact that several states in eastern forward capacity markets are racing to take any action to blunt or mitigate the pricing impacts from such markets, several generators filed a protest at FERC requesting that FERC impose strict deadlines for the Midwest ISO to implement…
January 7, 2011
San Diego Gas & Electric applied at the California PUC for authority to acquire the El Cajon Energy Facility from CalPeak Power for a total purchase price of $16.8 million, to be recovered in rates with an annual revenue requirement of $4.4 million in 2012 (A. 11-01-004).
January 3, 2011
IDT Energy Offering PPL Residential Service on PA Power Switch IDT Energy has started listing a market-wide offer for PPL Electric Utilities Rate RS residential customers on PA Power Switch. On the PA Power Switch website, IDT Energy is offering a monthly variable rate currently priced at…
December 30, 2010
The Maryland PSC intends to issue a Request for Proposals for up to 1,800 MW of essentially new capacity to potentially be procured by the investor-owned electric distribution companies, under long-term contracts (Case 9214).
December 28, 2010
FERC's proposal to adopt an electric reliability standard requiring planning coordinators within ReliabilityFirst Corporation to analyze, assess, and document resource adequacy annually using a "one day in ten year" loss of load criterion exceeds FERC's authority under the Federal Power Act and…
December 28, 2010
The New Jersey BPU will hold a series of stakeholder meetings in early 2011 as it continues to evaluate the need for new capacity, BPU President Lee Solomon said in a statement.
December 9, 2010
The Midwest ISO has filed with FERC the general "foundation" which MISO expects will govern further revisions to its resource adequacy mechanism, which may potentially include a five-year forward obligation for load serving entities to purchase capacity, and a mandatory capacity auction.
November 18, 2010
ERCOT's board of directors has endorsed a new target reserve margin of 13.75 percent, up from 12.5 percent which has been used since 2002, in ERCOT's reporting of capacity, demand and reserves.
October 6, 2010
Arguing that PJM's Reliability Pricing Model is causing "harm" to Maryland ratepayers, several Maryland consumer advocates and state agencies have urged the PSC to implement a managed portfolio process for ensuring adequate electric supplies for ratepayers, with provisions for long-term contracting…
October 1, 2010
Calif. ALJ Posts Updated Local RA True-Up White Paper
September 29, 2010
Texas legislators have to understand the "criticality of the reserve margin," Barbara Clemenhagen, Vice President of Commercial & External Relations for Topaz Power Group, told a record number of attendees at the Gulf Coast Power Association's annual fall meeting in Austin yesterday.
