April 14, 2017
With Texas PUC Commissioners agreeing with an ERCOT assessment to not move forward with implementation of a Multi-Interval Real-Time Market at this time, due to costs exceeding benefits (see story here) , Commissioner Kenneth Anderson said that ERCOT should move forward with co-optimization of the…
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March 30, 2017
In an annual update, Entergy Texas reported that no customers have yet signed up for service under its Competitive Generation Service Tariff (Rider CGS)
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March 28, 2017
The New Hampshire PUC has rejected a proposal from Public Service of New Hampshire (Eversource) for a 20-year PPA with a unit of Hydro-Quebec, finding the PPA to be inconsistent with the state's electric restructuring.
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March 24, 2017
Lubbock Power & Light is seeking from ERCOT generator-unit specific data, which is considered protected information, as part of a study concerning the proposed integration of Lubbock Power & Light into ERCOT
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March 24, 2017
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication concerning changes to the Reliability Must-Run (RMR) service rules
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February 28, 2017
ERCOT announced in a market notice that it has terminated the Reliability Must-Run (RMR) agreement with NRG Energy's Greens Bayou Unit 5
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February 24, 2017
Dynegy announced several asset sales and other transactions in reporting earnings yesterday.
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February 22, 2017
The New Hampshire PUC has set a new timeline for the auction of generation owned by Public Service Company of New Hampshire (Eversource).
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February 2, 2017
FERC approved a settlement between its Office of Enforcement (Enforcement) and GDF SUEZ Energy Marketing NA, Inc. (GSEMNA) under which GSEMNA will pay a civil penalty of $41 million and disgorge $40.8 million.
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January 20, 2017
FERC issued an order finding that PJM’s current application of its Financial Transmission Rights (FTR) forfeiture rule to virtual transactions is no longer just and reasonable.
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January 20, 2017
The Federal Energy Regulatory Commission (FERC) issued a policy statement providing additional guidance for electric storage resources that seek to concurrently recover their costs through cost-based and market-based rates.
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January 20, 2017
RESA Had Said Such Immediate PER Modification Would Harm Retail Suppliers, Negatively Impact Fixed Price Agreements
FERC granted in part a complaint filed by generators and found that ISO New England's Peak Energy Rent (PER) mechanism, which is a form of capacity market revenue clawback paid to load, is no longer just and reasonable. FERC ordered immediate changes to the PER strike price
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January 20, 2017
Costs To Be Allocated To Entities Which Deviate From Their Day-Ahead Market Schedules
The Federal Energy Regulatory Commission in a NOPR is proposing to revise its regulations to require that each regional transmission organization (RTO) and independent system operator (ISO) that currently allocates the costs of real-time uplift due to deviations shall allocate such real-time uplift…
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January 16, 2017
A group of commenters including several NRG retail providers, Texas Industrial Energy Consumers, Austin Energy, and CPS Energy said in comments to the Public Utility Commission of Texas that a calculation in the ERCOT 4CP report created a "false" peak interval on July 14, 2016
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January 9, 2017
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT for January 2017.
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December 19, 2016
As a result of the "economic fiasco" related to the Greens Bayou RMR agreement, "I've become convinced that we need to go ahead and bite the bullet, and at the very least I think we need to co-optimize the real-time market," Texas PUC Commissioner Kenneth Anderson said at Friday's meeting, echoing…
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December 7, 2016
Vistra Energy Corp., in a presentation to investors, disclosed expected TXU Energy performance for 2016 and guidance for 2017.
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December 5, 2016
FERC issued a Staff Notice of Alleged Violation against GDF SUEZ Energy Marketing NA, Inc. stating that, "the staff of the Office of Enforcement of the Federal Energy Regulatory Commission has preliminarily determined that GDF SUEZ Energy Marketing NA, Inc. (GSEMNA) violated the Commission’s…
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December 1, 2016
The Public Utilities Commission of Ohio (PUCO) accepted the results of Duke Energy Ohio’s fourth wholesale auction that will ultimately determine its retail electric generation service rates through May 2018.
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November 30, 2016
FERC has approved a temporary waiver sought by the Midcontinent ISO to allow resources with incremental energy costs above the current $1,000/MWh offer cap to include those costs in the No Load component of their supply offers during the December 1, 2016, through April 30, 2017 period
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November 22, 2016
Wal-Mart Stores, Inc. and affiliate Texas Retail Energy (TRE), LLC moved to intervene in a CCN proceeding before the Texas PUC concerning Entergy Texas' sought approval for a new 1,000 MW ratebased power plant, the Montgomery County Power Station
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November 18, 2016
Uplift Allowed For Costs in Excess of $2,000/MWh FERC Acknowledges Difficulties in Verifying Costs Above $1,000, Subjects Load To Them Anyway
FERC has adopted a hard cap of $2,000/MWh for the energy markets in all the FERC-jurisdictional RTOs, with offers up to $2,000/MWh permitted to set LMP, and offers in excess of $2,000/MWh also permitted but with offers in excess of $2,000/MWh not setting LMP and addressed instead through make-whole…
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November 17, 2016
The New Hampshire PUC has approved the design for an auction for Public Service of New Hampshire to divest its utility-owned generation
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November 9, 2016
Asked about the "ideal" outcome for FirstEnergy Solutions' generating assets, which the company announced last week are under a strategic review which could include asset sales, FirstEnergy Corp. CEO Chuck Jones told analysts at an EEI conference that, "The ideal outcome would be that Pennsylvania…
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November 4, 2016
The Public Utility Commission of Texas would consider the impact on the implementation of customer choice at Entergy Texas in considering Entergy Texas's request for a CCN to build a new 1,000 MW ratebased power plant, under a draft preliminary order and list of issues
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