October 21, 2014
Court Stays Decision on Order 745 (Demand Response)
The U.S. Court of Appeals for the D.C. circuit has granted FERC a stay of the court's May decision which found FERC lacked jurisdiction to set compensation for demand response.
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October 17, 2014
FERC Conducting Two Investigations into Generator Offer Behavior During Polar Vortex
FERC Enforcement Staff revealed during a Commission meeting yesterday that Staff has opened two informal, non-public investigations related to generator offers during the polar vortex.
October 10, 2014
Texas PUC Schedules Workshop on Subsynchronous Oscillation Study
Staff of the Public Utility Commission of Texas will conduct a workshop in Project No. 43506, Review of Subsynchronous Oscillation Study Parameters in the ERCOT Region, on Wednesday, November 19, 2014.
October 10, 2014
FERC Intends to Revoke Market-Based Rate Authority of Retail Suppliers for Alleged Failure to File Reports
FERC stated that it intends to revoke the market-based rate authority of about 40 power marketers, including several retail suppliers, for alleged failure to file electric quarterly reports.
October 6, 2014
AEP Ohio Cites Polar Vortex, Volatility In Seeking More Nonbypassable PPAs With Affiliated Generation
AEP Ohio has petitioned the Public Utilities Commission of Ohio to expand a previously proposed nonbypassable surcharge to support entitlements AEP Ohio would retain in the Ohio Valley Electric Corporation (OVEC) to now include PPAs with several additional competitive AEP generating resources…
October 1, 2014
PJM Proposes Screening Process to Prevent Retail Suppliers from Submitting Demand Bids in Day-Ahead Above a Level "Commensurate" With Load Served
PJM has filed tariff revisions at FERC to institute a Demand Bid Screening process which will prevent Load Serving Entities from submitting Demand Bids into the Day-ahead Energy Market, "above a level that is commensurate with the amount of load they serve."
September 30, 2014
Starwood Energy Group To Acquire 550 MW Power Plant in ERCOT
Starwood Energy Group Global, LLC, a private investment firm focused on energy infrastructure, announced today that an affiliate has entered into an agreement with affiliates of Exelon Corp. to acquire a natural gas combined cycle electric power generating facility in Odessa, Texas.
September 30, 2014
IMM Releases 2013 ERCOT State of the Market Report
The Independent Market Monitor has released the 2013 state of the market report for the ERCOT market.
September 30, 2014
Rejecting Concerns from Retail Suppliers, FERC Approves Settlement Foregoing $10 Million Originally Ordered to be Repaid to Market from Trader
FERC has approved a settlement between DC Energy, LLC, Scylla Energy LLC, and PJM resolving disputes concerning the application of deviation charges to internal bilateral transactions (IBTs) that waives payment of $10 million of the amount originally ordered to be paid by certain market participants…
September 30, 2014
Exelon to Build Nearly 2,000 MW of Capacity to ERCOT Energy-Only Market
Exelon Generation announced that it is planning on adding nearly 2,000 MW of new generation in ERCOT's energy-only market.
September 29, 2014
Texas to Further Study Subsynchronous Oscillation, While Taking Steps on Cost Allocation
The Public Utility Commission of Texas intends to tackle issues related to subsynchronous oscillation (SSO) on parallel tracks, agreeing to further study technical issues, while intending to make progress on cost allocation (to the extent possible) while such studies are ongoing.
September 23, 2014
Retail Suppliers Warn PJM Ignoring Transition Costs, Mechanism for New Capacity Performance Procurement
A group consisting of retail suppliers, end users, and state regulators have raised concerns that PJM is ignoring the costs and other issues associated with the transition to a modified capacity market that includes PJM's new capacity performance product.
September 22, 2014
ERCOT Uplift Would Be Used to Compensate Generators for Oscillation Protection Under One (of Three) Staff Proposal
Staff of the Public Utility Commission of Texas have filed three potential options for next steps in the Commission's investigation of subsynchronous oscillation (SSO).
September 19, 2014
N.H. PUC Opens New Proceeding to Determine Whether to Divest PSNH Utility Power Plants
The New Hampshire PUC has opened Docket 14-238 in response to HB 1602, which requires the PUC to, "commence and expedite a proceeding to determine whether all or some of PSNH's generation assets should be divested."
September 19, 2014
ERCOT, TDU Oppose Retail Provider's Sought Resettlement Due to Inaccurate Meter Data
The Public Utility Commission of Texas should deny a request for resettlement sought by Champion Energy Services due to ERCOT's reliance on inaccurate meter data from Texas-New Mexico Power, ERCOT and TNMP said in separate replies to a complaint.
September 18, 2014
Ohio Approves Dayton Power & Light Plan to Divest Utility Generation Assets
The Public Utilities Commission of Ohio approved Dayton Power & Light's plan to separate its generation from the utility by transferring the generation to a competitive affiliate.
September 18, 2014
Texas QSE to Pay $28,000 to Settle Alleged Failure to Update Operating Plan, Offer Curve
GDF Suez Energy Marketing NA, Inc. would pay $28,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of PURA § 39.151 (d) and (j); P.U.C. SUBST. R. 25.503(f)(2), related to oversight of wholesale market participants; and Electric Reliability…
September 18, 2014
Court Denies En Banc Rehearing of Order Vacating FERC Demand Response Compensation Order
The U.S. Court of Appeal of the D.C. circuit has denied en banc rehearing of its earlier order striking down FERC Order 745, FERC's order which provided that demand response shall be paid full LMP.
September 17, 2014
FERC Allows Non-Competitive ISO-NE Capacity Auction Prices to Become Law; Clark, Bay "Cannot Conclude" That ISO-NE IMM Complied With Tariff
By taking no action on the filing of the results from ISO New England's capacity auction for the 2017-18 delivery period by September 15, FERC allowed ISO-NE's tariff filing containing the results of the auction to become effective by operation of law.
September 8, 2014
FERC Sets October Workshop on Scarcity Pricing in RTOs, Offer Caps and Mitigation
FERC has scheduled for October 28 a second workshop on price formation in the organized markets.
September 2, 2014
FERC Opens Investigation of PJM Up-to Congestion Charges, FTR Forfeiture Rule
FERC has opened a Section 206 investigation regarding PJM Up-to Congestion (UTC) charges, including their treatment as virtual transactions, and the method of application of the Financial Transmission Rights (FTR) forfeiture rule to UTCs.
August 26, 2014
FERC Staff Issues Notice of Violation Alleging Manipulation by Power Marketing
FERC issued a notice yesterday alleging that its Office of Enforcement has, "preliminarily determined," that City Power Marketing, LLC and K. Stephen Tsingas violated the Commission's Anti-Manipulation Rule, 18 C.F.R. § 1c.2 (2014) by engaging in manipulative Up To Congestion trading in PJM Regional…
August 12, 2014
Direct Energy to Pay Fine, Disgorgement Under FERC Settlement
FERC approved a settlement with Direct Energy LLC under which Direct will pay a civil penalty of $20,000 and disgorge nearly $32,000 for actions that FERC said amounted to, "manipulating natural gas prices during May 2012 at Algonquin and Transco Zone 6 New York (Transco Zone 6) in order to benefit…
August 6, 2014
FERC Formally Alleges Manipulation of Up-To Congestion Transactions by Traders
FERC yesterday issued a formal Staff notice of alleged violations, "that in a nonpublic investigation pursuant to 18 C.F.R. Part 1b, the staff of the Office of Enforcement of the Federal Energy Regulatory Commission has preliminarily determined that Houlian (Alan) Chen, HEEP Fund Inc., and CU Fund…
August 4, 2014
FERC Staff Seek to Subpoena Information From Marketers for Investigation
FERC Enforcement Staff has petitioned an ALJ to issue subpoenas duces tecum to several natural gas marketers, who are not parties to an instant investigation, as Enforcement is seeking to compel such marketers to produce documents relating to marketers' transactions with BP Energy and affiliates…