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April 22, 2014
Raiden Commodities petitioned the Public Utility Commission of Texas for a rulemaking to eliminate the current Subst. R. §25.504(c), which currently provides that entities with less than 5% of ERCOT installed capacity do not have ERCOT-wide market power.
April 21, 2014
If you thought this winter proved to be a slaughter for the Pennsylvania retail market, wait until default service rates for the major electric utilities are fixed for six months, instead of the current three, while retail supplier prices must pass-on market-reflective wholesale costs.
April 9, 2014
The Electric Reliability Council of Texas (ERCOT) Board of Directors voted to endorse the approximately $590 million Houston Import transmission project and deemed the new construction portion of the project critical for reliability.
April 4, 2014
The National Energy Marketers Association annual restructuring conference , to be held April 30-May 1, will include a focus on recent wholesale market issues and inefficiencies.
April 3, 2014
"New England is currently experiencing an energy crisis," Public Service of New Hampshire said in response to a PUC Staff report which examined the economic impact of divesting PSNH's generation plants
April 3, 2014
U.S. Senator Charles Schumer today urged the Federal Trade Commission (FTC) to immediately investigate the "mind-boggling" increase in electric prices seen by Upstate New York customers during the winter.
April 2, 2014
The New York PSC announced that it will hold a technical conference on May 15, 2014 to examine the issue of energy prices this winter.
April 1, 2014
If you're a retail supplier whose livelihood is under attack because of uncompetitive pricing in the broken wholesale electric market, here's some salt for that wound.
March 28, 2014
ERCOT has proposed Nodal Protocol Revision Request (NPRR) 612 to reduce the cure period for failure to make payment or transfer funds, provide collateral or designate/maintain an association with a Qualified Scheduling Entity (QSE).
March 26, 2014
The Independent Power Producers of New York have amended their pending complaint at FERC alleging impermissible price suppression from purported buyer-side market power in the New York ISO capacity market.
March 26, 2014
"The energy from Public Service of New Hampshire's power generation facilities during the past winter was produced at a cost that was $115 million less than energy sold through the region's wholesale energy marketplace," PSNH said yesterday.
March 24, 2014
During last week's Pennsylvania House hearing regarding soaring competitive electric rates, Rep. Peter Daley, Democratic Chair of the Consumer Affairs committee, said that competitive generators declined an invitation to appear before the committee.
March 20, 2014
In keeping with its long-standing disdain regarding the needs of retail electric suppliers and the foundation necessary for a properly functioning retail electric market, FERC has not seen fit to include any companies which are exclusively focused on supplying competitive retail energy on the…
March 17, 2014
PJM issued the following "statement" on the winter 2014 cold weather events to members on Friday:
March 12, 2014
Generators in PJM may be exploiting the make-whole payments granted to capacity owners by FERC, allowing cost recovery above the $1,000/MWh price cap, by, "requesting recovery of natural gas 'costs' that they did not in fact experience, but rather which represent simply a published 'spot' cost of…
March 7, 2014
PJM has provided the Pennsylvania PUC with information on generation facility outages during the cold weather event of January 6-8.
March 7, 2014
Several retail energy trade associations have issued media briefs to explain why retail rates have spiked recently.
March 6, 2014
The Electric Reliability Council of Texas released its final Seasonal Assessment of Resource Adequacy (SARA) for this spring and a preliminary outlook for the coming summer.
March 5, 2014
The Pennsylvania PUC will be "investigating" the causes of anomalous PJM wholesale market charges experienced in January.
February 24, 2014
Texas Commission to Further Consider Cease and Desist Authority
February 24, 2014
Members of the Retail Energy Supply Association, "remain deeply concerned about the lack of transparency regarding January market conditions that precipitated record BOR [Balancing Operating Reserves] charges for one month," RESA said in a letter to the PJM board of managers.
February 19, 2014
NTE Energy announced plans to develop, own and operate a 270 MW gas-fired peaking generating plant in ERCOT.
February 18, 2014
Duke Energy announced that it has initiated a strategic process to exit its Midwest commercial generation business, which includes ownership interests in 13 power plants.
February 12, 2014
In yet another order which undermines the notion of competitive markets, FERC has granted PJM a waiver, on a prospective basis, to allow offers in excess of $1,000/MWh to set the locational marginal price.
February 10, 2014
Simulations run by The Brattle Group and Astrape Consulting, "show that energy-only markets can attract the optimal level of generation investments from a societal-cost perspective," Brattle and Astrape said in a report to FERC.
