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November 2, 2016
TransCanada Announces Sales of Northeast Generation Assets
TransCanada announced that it expects to realize $435 million in a future sale of Northeast power marketing business, which is expected to be realized going forward.
November 1, 2016
Reliability Must Run should require ERCOT Board approval, several NRG Energy subsidiaries said in comments to the Texas PUC concerning an RMR rulemaking
October 26, 2016
Court Laments "Questionable" Decision By Then-FERC Chair To Disclaim Authority Over Auction Results
The U.S. Court of Appeals for the D.C. Circuit said in an order that it lacks authority to review deadlocked FERC decisions, in finding that it cannot review a deadlocked FERC which allowed the results of the 2014 ISO New England Forward Capacity Auction (FCA 8, for 2017/18 delivery year) to stand
October 20, 2016
On Oct. 18, 2016, the PJM Board of Managers approved the Members Committee-endorsed proposal for a new composite "stated rate" of 36 cents per megawatt-hour for two years (2017 and 2018), and then a 2.5 percent annual increase to 41 cents per MWh in 2024, to recover administrative costs
October 19, 2016
Auction advisor J.P. Morgan has recommended to the New Hampshire PUC that the PUC slightly delay the timeline for the auction process for Public Service Company of New Hampshire to divest it utility-owned generation.
October 19, 2016
The U.S. Commodity Futures Trading Commission (CFTC) said that it approved a final order in response to a petition from Southwest Power Pool, Inc. (SPP) and has exempted certain specified transactions of SPP from the Commodity Exchange Act (CEA) and CFTC regulations, with the exception of the CFTC’s…
October 18, 2016
ERCOT issued a market notice stating that, under revised Reliability Must-Run (RMR) study metrics, NRG Texas Power LLC's Greens Bayou Unit 5 is not needed for RMR service beyond July 31, 2017
October 13, 2016
ERCOT issued a final determination of RMR status for Calpine's generation resources CTL_GT_102, CTL_GT_103, CTL_GT_104, CTL_ST_101, and CTL_ST_102 (Clear Lake units)
October 12, 2016
The ERCOT Board of Directors yesterday approved several nodal protocol revision requests (NPRRs), including NPRR 788, relating to RMR Study Modifications
October 11, 2016
ERCOT said in a market notice that it is deferring its final determination on the need for certain of Calpine's Clear Lake units until the ERCOT Board’s consideration of NPRR788, which would modify the studies used for ERCOT's evaluation of RMR determinations
October 11, 2016
Staff of the Public Utility Commission of Texas filed a strawman proposal to, among other things, propose new provisions related to the evaluation of RMR service.
October 3, 2016
The Federal Energy Regulatory Commission will convene a technical conference on November 9, 2016 concerning electric storage resource compensation and other issues
September 30, 2016
DTE Energy today announced, "it will build new energy generation as part of its commitment to ensure long-term reliability and produce cleaner energy for its customers."
September 19, 2016
On September 14, 2016, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource with an effective date of October 1, 2016: Luminant Generation Company LLC – MARTIN LAKE SES, MLSES_UNIT2
September 15, 2016
U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad has written in a letter to U.S. Senator John Boozman that Massad plans to recommend to his colleagues that the CFTC, "exempt RTOs and ISOs from all private rights of action under Section 22 of the Commodity Exchange Act ('CEA")…
September 14, 2016
American Electric Power announced today that it has signed an agreement to sell four competitive power plants totaling approximately 5,200 megawatts (MW) for approximately $2.17 billion to a newly formed joint venture of Blackstone and ArcLight Capital Partners LLC
September 13, 2016
BioUrja Power, LLC has submitted an application to the United States Department of Energy's Office of Electricity Delivery & Energy Reliability for authorization to transmit electric energy from the United States (including from ERCOT) to Mexico
September 12, 2016
Would "Preserve" Revenue Streams For Generators That Relied on Incorrect Clearing Price (Uplift?)
September 9, 2016
The New Hampshire PUC has released a procedural schedule for development of an auction to divest Public Service Company of New Hampshire's generation
September 6, 2016
The Public Utility Commission of Texas should consider requiring the merged AEP Texas utilities to seek from FERC an order disclaiming jurisdiction over the merged AEP Utilities' wholesale transmission rates for service wholly within ERCOT as a condition of approving the merger of AEP Texas Central…
September 2, 2016
FERC approved a settlement between its Office of Enforcement (Enforcement) and National Energy & Trade, L.P. (National Energy) to resolve an investigation into whether National Energy violated the Commission’s Anti- Manipulation Rule, 18 C.F.R. § 1c.1 (2016), by manipulating physical natural gas…
September 2, 2016
ERCOT has issued an initial determination stating that Calpine's units CTL_GT_102, CTL_GT_103, CTL_GT_104, CTL_ST_101, CTL_ST_102 (Clear Lake) are needed to support ERCOT transmission system reliability.
August 31, 2016
ERCOT has submitted Nodal Protocol Revision Request (NPRR 800), Revisions to Credit Exposure Calculations to Use Electricity Futures Market Prices, which would use futures prices in certain credit exposure calculations
August 26, 2016
A draft Texas PUC order has been posted which would include revised conditions meant to protect ERCOT ratepayers from costs arising from the City of Garland's Rusk-to-Panola Double-Circuit 345-kV line, which is to facilitate the export, via DC Tie, of ERCOT power via the Southern Cross Transmission…
August 23, 2016
FERC approved a stipulation and consent agreement between its Office of Enforcement (Enforcement) and Saracen Energy Midwest, LP to resolve Enforcement’s investigation under Part 1b of the Commission’s regulations, 18 C.F.R. Part 1b (2015), into whether Saracen violated the Southwest Power Pool, Inc…
