July 13, 2018
Chair Will Seek Info On Implementation Costs To Market Participants (System Change Costs) Chair Expects Legislature To Have "Broad Look" At Market During 2019 Session
During yesterday's Texas PUC open meeting, Commissioners discussed a process to further consider two potential changes to the ERCOT market -- Real-Time Co-optimization (RTC) of Energy and Ancillary Services (AS), and use of marginal losses.
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July 6, 2018
ERCOT issued a market notice stating that two City Of Garland generating units which have filed to be mothballed are not needed for transmission system reliability
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July 2, 2018
Marginal Losses Report Filed As Well
ERCOT and the Independent Market Monitor have filed with the Public Utility Commission of Texas separate reports on the benefits of Real-Time Co-optimization (RTC) of Energy and Ancillary Services (AS).
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June 1, 2018
RESA Had Warned "Retroactive" Charges Under Settlement Could Leave Retail Suppliers Exposed To Being Unable To Recover Costs
FERC approved a contested settlement agreement concerning the cost allocation methodology for existing and new transmission facilities in PJM, modifying the prior cost allocation due to remands from the courts.
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May 31, 2018
Notes "Slight" Increase In Competitive Retail Customer Bills Of Other ERCOT LSEs From Proposal
Rayburn Country Electric Cooperative, Inc. and Lone Star Transmission, LLC have filed a petition at the Texas PUC for: (1) approval to transfer and integrate Rayburn's load and related transmission assets currently in the Eastern Interconnection (Southwest Power Pool) to the Electric Reliability…
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May 29, 2018
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT.
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May 24, 2018
PJM's base residual auction for the 2021-22 delivery year saw Rest-of-RTO capacity prices nearly double versus 2020-2021, with the BGE, PSEG, and ATSI zones among those separating
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May 24, 2018
ERCOT issued an initial and final determination that the Generation Resource City of Garland, Gibbons Creek Generating Station (GIBCRK_GIB_CRG1) is not required to support ERCOT transmission system reliability.
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May 9, 2018
FERC denied proposed tariff filings from PJM to change the manner in which excess capacity is released in the incremental auction, a change which had been opposed by Direct Energy as increasing costs to LSEs.
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May 7, 2018
On May 1, 2018, Summer Energy Holdings, Inc. ("SEH"), and its subsidiaries Summer Energy, LLC ("Summer LLC") and Summer Energy Northeast, LLC ("Summer Northeast"; together with SEH and Summer LLC, the "Company") closed a transaction with EDF Energy Services, LLC and EDF Trading North America, LLC…
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April 26, 2018
FERC has approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and PSEG Energy Resources & Trade, LLC (PSEG ERT) to resolve an investigation into whether PSEG ERT violated sections 1.2 and 6.4.2(a)(ii) of Schedule 1 of the PJM Operating Agreement…
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April 20, 2018
FERC Drops Proposal That Costs Be Allocated To Entities Which Deviate From Their Day-Ahead Market Schedules
As part of a final rule on price formation issues, FERC withdrew its proposal that would have required that each RTO/ISO that currently allocates the costs of real-time uplift to deviations should allocate such real-time uplift costs only to those market participants whose transactions are…
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April 16, 2018
ETRACOM LLC issues a statement concerning its recent settlement with FERC (see story here)
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April 16, 2018
ERCOT issued market notices reporting that several currently mothballed generation units are returning to operational status
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April 13, 2018
Notes "Intense Public Scrutiny" Surrounding Such Issues
In a letter to stakeholders, PJM said that its Board is requesting that stakeholders develop certain changes to reserves procurement and pricing such that they may be implemented for 2018/19
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April 11, 2018
FERC has approved a Stipulation and Consent Agreement (Agreement) between the Office of Enforcement (Enforcement) and ETRACOM LLC and Michael Rosenberg (together, Respondents), which FERC said, "resolves on fair and equitable terms: (a) the Commission’s claims against Respondents for violations of…
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April 2, 2018
ERCOT in a market notice reported that on March 30, 2018, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource: Barney M Davis Unit 1 – B_DAVIS_B_DAVIG1
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March 8, 2018
The Texas PUC today directed ERCOT to remove Reliability Unit Commitment (RUC) capacity from the online reserves used to calculate the Operating Reserve Demand Curve (ORDC) price adder for this summer
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February 27, 2018
12% Of Capacity Still Underwent Forced Outage
In a report on grid performance during a recent cold snap in January 2018, PJM said that there was an 11-fold increase in uplift charges during the cold snap period (Dec. 28, 2017 to Jan. 7, 2018).
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February 21, 2018
FERC has accepted tariff changes filed by PJM to reduce the number of bidding points at which virtual transactions may be submitted by market participants
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February 15, 2018
This story was first published on February 15, with an alert to our email alert subscribers
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February 9, 2018
LP&L Agrees That If City Council Adopts Retail Choice, Decision Is Irrevocable
Lubbock Power & Light has filed with the Texas PUC an unopposed stipulation which would approve its transition of the majority of its load to ERCOT, subject to terms in the stipulation.
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February 9, 2018
Staff Address ORDC Changes, LOLP Changes, Extended LMP
Staff of the Public Utility Commission of Texas have filed a memo proposing certain action by the Commission in a project assessing price formation issues in ERCOT.
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February 2, 2018
The solicitation of long-term utility contracts under a specific section of statute has not produced ratepayer benefits, the Maine PUC said in a conclusion regarding a notice of inquiry
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January 26, 2018
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT.
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