December 21, 2018
Final Report Finds Economically Optimal Reserve Margin To Be 9.0% Final Report Finds Market Equilibrium Reserve Margin As 10.25%
The Electric Reliability Council of Texas, Inc. has posted a final version of the Estimation of the Market Equilibrium and Economically Optimal Reserve Margins for the ERCOT Region report
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December 14, 2018
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication that would revise certain provisions of the scarcity pricing rules in ERCOT
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December 4, 2018
Dismisses Concerns About Risk Premiums, Says That's Life For LSEs
FERC has accepted as filed ISO New England's proposal regarding the allocation of out-of-market costs of resources retained for fuel security, as FERC agreed that such costs shall be allocated to load serving entities on a regional basis using the Real-Time Load Obligation allocator
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November 19, 2018
FERC granted the Midcontinent Independent System Operator, Inc. (MISO) a limited waiver of sections 39.2.5 and 40.2.5 of its Open Access Transmission, Energy and Operating Reserve Markets Tariff (Tariff), which establish a $1,000/MWh Energy Offer Price Cap (offer cap) on incremental energy offers in…
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October 26, 2018
REPs: Current Thinking Is ORDC Change Isn't Change In Law Allowing Change To Fixed Price REPs Facing "Pretty Tight Squeeze" If Not Enough Lead Time Provided For Any Change Walker: "2019 Is Going To Be Harder"
Walker: Must Consider Greater Customer Interplay In ERCOT Market
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October 24, 2018
The resolution of an Alternative Dispute Resolution (ADR) proceeding at ERCOT concerning a co-op's Congestion Revenue Rights will result in uplift to the ERCOT market after ERCOT determined that it should not have voided the co-op's Pre-Assigned Congestion Revenue Rights
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October 22, 2018
Texas retail electric providers submitted further comments to the Texas PUC reporting that the Operating Reserves Demand Curve (ORDC) functioned as intended this summer
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October 15, 2018
Draft Finds Economically Optimal Reserve Margin To Be 9.0% Draft Finds Market Equilibrium Reserve Margin As 10.25%
The Electric Reliability Council of Texas, Inc. filed with the Texas PUC a draft report titled "Estimation of the Market Equilibrium and Economically Optimal Reserve Margins for the ERCOT Region." The report estimates the Market Equilibrium Reserve Margin (MERM) and Economically Optimal Reserve…
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October 8, 2018
In a market notice, ERCOT reported that, at 23:56 on August 14, 2018, ERCOT implemented Downstream Production Changes (DPC) to add contingency definitions to the Network Operations Model (2018Aug.L2) that had been requested by a Transmission Service Provider (TSP).
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September 28, 2018
The Public Utility Commission of Texas will conduct a workshop regarding Project No. 48551, Review of Summer 2018 ERCOT Market Performance, on Thursday, October 25, 2018, at 1:30 p.m.
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September 21, 2018
Staff of the Public Utility Commission of Texas sought Commission guidance on two issues: harmony in the scarcity pricing mechanism in day-ahead and real-time, and the use of the Houston Ship Channel Gas Price Index
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September 17, 2018
In comments to the Texas PUC concerning summer ERCOT market outcomes, Potomac Economics, the Independent Market Monitor (IMM) for ERCOT, said that, "Early indications of market outcomes through August are that net revenues provided by the ERCOT real-time market in 2018 will not be at a level…
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September 12, 2018
AP Holdings, LLC ("APG&E") recently renewed its Energy Supply Agreement with EDF Trading North America, LLC for a term of four years.
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August 24, 2018
Luminant, a subsidiary of Vistra Energy, today announced that it filed a notice of suspension of operations with PJM and other mandatory regulatory notifications related to the retirement of its 51-megawatt waste coal facility, Northeastern Power Company, in McAdoo, Pennsylvania, "due to its…
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August 24, 2018
Starts Review By Proposing Questions On Wholesale Price Formation
In a proposed process to begin a review of the Summer 2018 ERCOT Market Performance, Staff of the Public Utility Commission of Texas noted that the PUC may wish to address lessons learned and issues related to retail mass transitions and market participant collateral, in addition to other issues…
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August 10, 2018
After finalizing the questions at yesterday's open meeting, the Texas PUC issued questions for stakeholder comment in Project No. 48540, Review of Real-Time Co-optimization (RTC) in the ERCOT Market, and Project No. 48539, Review of the Inclusion of Marginal Losses in Security-Constrained Economic…
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August 9, 2018
A final biennial Strategic Energy Assessment released by the Public Service Commission of Wisconsin for 2018-2024 did not contain a substantive discussion of retail electric customer choice.
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August 9, 2018
In a 10-Q filed today, Calpine reported results from its retail segment for the quarter ending June 30, 2018
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August 3, 2018
Staff of the Public Utility Commission of Texas have proposed a process for the Commission to consider real-time co-optimization of energy and ancillary services in ERCOT ("RTC") and to consider including marginal losses in security-constrained economic dispatch
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August 2, 2018
The Massachusetts investor-owned electric distribution companies have collectively sought approval at the DPU for PPAs totaling 800 MW with Vineyard Wind LLC for offshore wind energy
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August 2, 2018
ERCOT has submitted as a sponsor Other Binding Document Revision Request (OBDRR) 007 for revisions to the Operating Reserve Demand Curve (ORDC) methodology to include Photo-Voltaic Generation Resources (PVGRs)
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July 30, 2018
PJM Interconnection, L.L.C. filed tariff revisions at FERC which it said are designed to, "limit potential credit exposure of PJM Members with Financial Transmission Rights ('FTR') portfolios, i.e. FTR Holders, that have little to no credit requirement relative to the megawatt-hour ('MWh') volume of…
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July 25, 2018
The Maine PUC issued a request for proposals for long-term contracts for capacity resources and associated energy, initiating the process for the solicitation and review of long-term contract proposals pursuant to Title 35-A, section 3210-C and Chapter 316 of the Commission's rules.
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July 23, 2018
Citigroup Energy, Inc. has sponsored and filed with ERCOT Nodal Protocol Revision Request (NPRR) 887 which would create a new Market Information System (MIS) Certified Area posting which it said would provide insight to the potential risk associated with default uplift charges to each Counter-Party…
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July 23, 2018
ERCOT stated in a July 20 market notice that, "An issue was discovered in ERCOT’s Energy and Market Management Systems (EMS and MMS) with respect to the definitions of two double-circuit contingencies, DCNLHS8 and DLHSCNR8," relating to operating days July 18 and 20, 2018
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