December 6, 2019
A Texas ALJ has denied a motion to dismiss a complaint filed at the Texas PUC by Aspire Commodities, LLC ("Aspire") against ERCOT, in which Aspire has sought an order directing ERCOT to re-price the published settlement prices for interval 14:50 on May 30, 2019
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December 2, 2019
Verso Paper Holding LLC, an indirect, wholly-owned subsidiary of Verso Corporation, has entered into a transaction under which it will sell 100% of the equity interests of Verso Androscoggin LLC (Androscoggin), including its FERC-jurisdictional facilities, and 100% of its equity interests in retail…
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November 27, 2019
Includes New Certification, Material Change Example, Reporting Requirements; NYISO Ability To Reject Applicants
The New York ISO has filed at FERC for changes in its credit policy and requirements
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November 26, 2019
The Electric Reliability Council of Texas, Inc. (ERCOT) has filed with the Texas PUC its report on the four monthly coincident peak (4CP) Loads in the ERCOT System for the months of June, July, August and September 2019 (2019 4CP Report)
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November 20, 2019
Greenidge Generation LLC stated an intent to, in the future, seek a declaratory order from the New York PSC concerning the sale of electricity supply to non-affiliate tenant customers of the data center
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November 20, 2019
The Director of the Tax Policy Division of the Texas Comptroller has issued a letter to ERCOT concerning tangible personal property tax-related issues for Qualified Scheduling Entities (QSEs)
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October 31, 2019
Company "Transforms" Generation Business Due To Weak Wholesale Conditions Exelon Says Customer-Facing Constellation Business Continues To Perform "Very Well", With "Good", "Sustained" Margins
Company Cuts Expected Gross Margin For Overall Generation Segment Due To Weak Wholesale Market
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October 28, 2019
The Federal Energy Regulatory Commission (FERC) issued an order finding that, "Vitol Inc. (Vitol) and Federico Corteggiano (Corteggiano) (collectively, Respondents) violated section 222(a) of the Federal Power Act (FPA) and section 1c.2(a) of the Commission’s regulations, which prohibit energy…
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October 18, 2019
Directs PJM To Address Price Paid By Storage For Charging Energy When Customer Is Charged At Retail For Power
FERC issued an order addressing a compliance filing by PJM to implement FERC's prior order which directed RTOs to remove barriers to the participation of electricity storage in the RTO markets, and which held that storage shall be paid the LMP for energy sold into the RTO market.
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October 15, 2019
PUC Chair: "May Be Moving To A Market That's Not To Incent Generation As Much As To Incent The Response On The Demand Side"
Market Expected To Attract Resources With Low Capital Costs, Potentially High Operating Costs (Or High Curtailment Costs)
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October 10, 2019
$12.5 Million To Be Paid To Certain Participants; Funded Via Default Allocation Assessments On PJM Members
PJM and numerous parties have filed a settlement to resolve all issues concerning liquidation of the GreenHat Energy, LLC's Financial Transmission Rights (FTRs) as a result of GreenHat's default, and the July 2018 FTR auction (July Auction)
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October 9, 2019
As previously reported (details here) , on October 3, 2019, ERCOT issued Market Notice M-A100319-01 informing Market Participants that Day-Ahead Market (DAM) prices were under investigation for Operating Days (ODs) September 16-23, 2019.
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October 8, 2019
ERCOT Provides Preliminary Estimates Of Load Reductions During Summer 2019 Peak Days IMM: Peaker Net Margin At Record Level Texas PUC Staff Details Increased Complaints Against REPs From Summer 2019
Staff: "Wholesale Pricing Plans" Saw Significant Increases In Complaints During August, September
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September 24, 2019
Asks If Utilities Divesting Generation Absolutely Necessary For Retail Choice, Whether Utilities Can Be Incentivized To Divest
Arizona Corporation Commission Chairman Bob Burns has issued a memo with a series of questions for stakeholder comment and to be addressed in the ACC's consideration of adopting retail electric choice
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September 16, 2019
Three-Year Forward Obligation, Cleared Through Centralized Auction, Similar To Capacity Obligation
A white paper prepared for NRG has proposed a new forward, centrally cleared clean energy obligation that would be imposed on competitive retail electric suppliers and other LSEs
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September 10, 2019
A Texas PUC ALJ granted a motion from Commission Staff to extend the time to file comments on the merits of a complaint filed by Aspire Commodities, LLC ("Aspire") against ERCOT, in which Aspire has sought an order directing ERCOT to re-price the published settlement prices for interval 14:50 on May…
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September 6, 2019
FERC Staff have requested that the Commission-jurisdictional RTOs provide responses to a series of questions related to distributed energy resource (DER) participation in the RTO markets, the aggregation of DERs, and interconnection issues.
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September 5, 2019
ERCOT on September 4 issued a market notice stating that, "On September 3, 2019, Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that were owed monies from ERCOT Settlement Invoices were short-paid as a result of Axon Power and Gas LLC's (QSE) failure to…
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September 4, 2019
ERCOT on September 3, 2019 issued a market notice stating that, "Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on the Settlement (STL) Invoices due for payout on September 3, 2019 will notice that the amount of funds…
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September 4, 2019
Staff of the Illinois Commerce Commission's Office of Retail Market Development filed a report concerning its review of retail supplier actions relating to a FERC settlement concerning regional transmission enhancement plan (RTEP) costs in PJM that generally resulted in lower costs to LSEs in the…
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September 3, 2019
September 3 , 2019
In a compliance filing at FERC to reflect greater fast-start resource costs in LMP (thereby generally reducing uplift), PJM detailed several instances in which certain costs will be allocated to real-time load (uplift)
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August 29, 2019
FERC has granted rehearing of a prior order concerning the allocation of must-offer generation commitment costs in the California ISO, and in doing so, allocated the costs to a broader group of LSEs (which includes retail suppliers), rather than a single LSE.
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August 29, 2019
During an update on recent ERCOT scarcity conditions provided at today's Texas PUC open meeting, ERCOT CEO Bill Magness said that ERCOT has not seen any defaults so far this summer
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August 28, 2019
Report, "May Assist Market Participants With Their Estimations Of Forward Capacity Market Monthly Cost Allocations To Load Obligation"
ISO New England said in a market notice that, a new report, which the ISO said may assist market participants with their estimations of Forward Capacity Market monthly cost allocations to load obligation starting in the 2022-2023 capacity commitment period, is now available on the ISO New England…
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August 23, 2019
Texas PUC Had Opposed Petition As Threatening To Subject ERCOT To FERC Regulation
FERC has dismissed a petition for a declaratory order from Alternative Transmission Inc. (ATI), which had sought a finding that the non-wired transport of electricity is within FERC's jurisdiction under the FPA
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