October 2, 2017
In comments on the Hogan-Pope whitepaper on price formation issues in ERCOT's energy market, South Texas Electric Cooperative, Inc. said that, to the extent marginal loss pricing is adopted, retail electric providers should be compelled to pass-through any marginal loss surplus to their customers
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October 2, 2017
U.S. Energy Secretary Rick Perry on September 28 submitted a directive to FERC to consider adopting rules which would provide non-market compensation to certain generating units, such as coal and nuclear plants.
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September 28, 2017
ERCOT said in a market notice that it received a Notification of Suspension of Operations (NSO) for the following Generation Resource: BARNEY M DAVIS UNIT 1 (RE) - B_DAVIS_B_DAVIG1
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August 23, 2017
FERC approved a Stipulation and Consent Agreement (Agreement) between the Office of Enforcement (Enforcement) and City Power Marketing, LLC (City Power) and K. Stephen Tsingas (together, Defendants) which resolves the Commission’s claims against Defendants for alleged violations of section 222 of…
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August 21, 2017
Staff of the Public Utility Commission of Texas will conduct a workshop on October 13, 2017 in Project No. 47199, Project to Assess Price-Formation Rules in ERCOT's Energy-Only Market.
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August 18, 2017
ERCOT issued an initial and final determination that the generation resource City of Garland – GIBCRK_GIB_CRG1 is not required to support ERCOT transmission system reliability.
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August 18, 2017
Commissioners of the Public Utility Commission of Texas yesterday agreed to hold a second workshop, to be held in October, concerning its project examining potential enhancements to improve the efficiency of the ERCOT energy-only market, including price formation issues
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August 11, 2017
Marquez: We've Been Hearing About Same Retirements Since 2013 Anderson Cites Emergence Of Pairing Generation, Large Retail Load As Changing Generation Economics
As the Public Utility Commission of Texas held a workshop on potential enhancements to improve the efficiency of the ERCOT energy-only market, Commissioner Kenneth Anderson emphasized that the market is not "broken" and has performed well
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July 28, 2017
CEO Doesn't Expect Legislation Requiring "Market Rate Offer" To Go Very Far
During an earnings call, AEP CEO Nicholas Akins provided a legislative update, telling investors that the company sees a wide range of support for legislation allowing nonbypasable recovery of Ohio Valley Electric Corporation costs.
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July 27, 2017
Includes New Tax On Virtual Transactions In PJM
A proposed Pennsylvania omnibus tax bill (HB 542) which was adopted by the Pennsylvania Senate Appropriations Committee and scheduled for action in the full Senate today would raise the gross receipts tax (GRT) on retail electric sales, institute a new gross receipts tax on retail natural gas sales…
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July 26, 2017
Noble Group announced that it would sell its U.S. wholesale marketing and trading business Noble Americas Gas and Power Corp. (NAGP) to Mercuria Energy America, Inc.
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July 21, 2017
ERCOT issued a final determination that the generation resource Union Carbide Corp (RE) – UCC_COGN_UCC_C1 is not required to support ERCOT transmission system reliability
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July 20, 2017
ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: City of Garland – GIBCRK_GIB_CRG1 (at Gibbons Creek Generating Station)
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July 13, 2017
The U.S. House of Representatives Subcommittee on Energy, chaired by Rep. Fred Upton (R-MI), announced two hearings as part of the committee’s new Powering America series.
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July 7, 2017
Staff of the Public Utility Commission of Texas and Exelon Generation Company LLC have entered into a voluntary mitigation plan (VMP) concerning the offering practices that Exelon may use when offering certain of its generation resources into the ERCOT market
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July 5, 2017
ERCOT received an updated Notification of Suspension of Operations (NSO) for the following Generation Resource: Union Carbide Corp (RE) – UCC_COGN_UCC_C1
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June 29, 2017
ERCOT issued a market notice stating that it received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Union Carbide Corp (RE) – UCC_COGN_UCC_C1
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June 22, 2017
The Public Utility Commission of Texas will conduct a workshop regarding Project No. 47199, Project to Assess Price-Formation Rules in ERCOT's Energy-Only Market, on Thursday, August 10, 2017
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June 12, 2017
Cargill has reached an agreement to sell its North America Power and Gas business to Macquarie Group
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June 8, 2017
Commission, "Not In a Hurry", "There's No Fire"
The Public Utility Commission of Texas's review of the efficiency of the energy-only market and potential improvements (including in the area of price formation) will be, "very deliberative," and, "thoughtful," Commissioner Brandy Marty Marquez said during yesterday's open meeting, as Marquez said…
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June 1, 2017
Staff of the Texas PUC have filed for Commissioners' consideration proposed questions to be issued for comment in the PUC's project to consider energy-only market efficiency and improvements
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May 25, 2017
On May 1, 2017 ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resources: South Texas Electric Cooperative, Inc. (RE) – PEARSALL_PEARS_1, PEARSALL_PEARS_2, PEARSALL_PEARS_3 (Pearsall Units 1, 2, and 3)
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May 24, 2017
PJM's base residual auction for the 2020-21 delivery year, the first auction which exclusively procured 100% capacity performance resources, saw capacity prices jump in EMAAC, with rest-of-RTO prices down versus the year-ago auction
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May 19, 2017
Texas PUC's Anderson: Marginal Losses A "No Brainer" Anderson: Doesn't Plan To Take Up Transmission Cost Allocation
The Public Utility Commission of Texas will open a project to consider recommendations for improvements in the ERCOT energy-only market design, prompted by a paper filed by Calpine and NRG Energy
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April 25, 2017
Dynegy has entered into an agreement to acquire from AES subsidiaries greater shares in two Ohio generating stations, which would result in Dynegy being the sole owner of the two plants.
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