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July 16, 2013
The New Hampshire PUC has voted to proceed with a competitive bidding process to, "obtain a valuation expert to perform a more detailed analysis of the value of PSNH's generation assets and entitlements, which will help to inform any adjudicatory or legislative analysis of divestiture, possible…
July 12, 2013
American Electric Power announced that it expects to retire its 585-megawatt coal-fueled Muskingum River Plant Unit 5 in Beverly, Ohio, in 2015.
July 10, 2013
Two Texas ALJs would deny the proposed transfer of Entergy Texas, Inc. to a subsidiary of ITC Holdings Corp. because, among other reasons, the transfer would, "circumvent[] some of the purposes behind the transfer to competition"
July 9, 2013
FirstEnergy Corp. announced today that it expects to deactivate two coal-fired power plants located in Pennsylvania by October 9, 2013.
July 5, 2013
FERC approved CPV Shore, LLC's application for approval of various equity investments in the company's parent, including an investment by Toyota Tsusho Shore, LLC.
July 5, 2013
ERCOT issued a market notice on July 3 stating that Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on July 3, 2013, will notice that the amount of funds transferred is short of the…
July 2, 2013
If tariff revisions are approved at FERC, ISO New England's forward capacity market will no longer be designed to clear the market to minimize total costs.
June 28, 2013
The continued lack of scarcity pricing in ERCOT, despite a host of pricing reforms and grid conditions which support scarcity, prompted Kenneth Anderson, Public Utility Commissioner of Texas, to muse whether generators were intentionally underbidding.
June 26, 2013
An analysis filed by The Brattle Group indicates that an energy-only market with the version B+ proposal for an Operating Reserve Demand Curve can result in an equilibrium reserve margin in excess of the current minimum target.
June 25, 2013
Citing weather and wholesale price impacts, NRG has lowered its Adjusted EBITDA guidance for its retail segment by $75 million in each of 2013 and 2014.
June 21, 2013
Quest Energy, LLC and Integrys Energy Services, Inc. requested that FERC issue an order approving a settlement agreement among the retail suppliers and various AEP transmission owners concerning Seams Elimination Charge Adjustments imposed on retail suppliers by FERC.
June 19, 2013
ERCOT has filed with the Public Utility Commission of Texas a Value of Lost Load (VOLL) study prepared by London Economics International LLC.
June 11, 2013
ONEOK announced that it will discontinue operating its Energy Services segment through an accelerated wind down process, releasing non-affiliated, third-party natural gas transportation and storage contracts to interested parties.
June 6, 2013
FERC dismissed a complaint from FirstEnergy Solutions Corp. which had sought to modify provisions of PJM's tariff related to the funding of Financial Transmission Rights (FTRs).
June 3, 2013
CPV Shore, LLC filed at FERC for approval of various equity investments in the company's parent, including an investment by Toyota Tsusho Shore, LLC.
May 20, 2013
ERCOT has filed with the Public Utility Commission of Texas an estimated cost to implement the "B+" solution to improve real-time scarcity pricing through implementation of an Operating Reserve Demand Curve (ORDC).
May 7, 2013
PJM Interconnection, L.L.C. has filed at FERC to reflect the permanent termination of Blast Electric, L.L.C. as a PJM Member in accordance with Sections 15.1.6(c) and 4.1(c) of the Operating Agreement.
May 6, 2013
ERCOT has filed a supplement to backcast pricing impacts from implementing an operating reserves demand curve under the B+ Solution, now using 2,300 MW as the minimum contingency level, which indicates energy market price increases of up to $70/MWh.
May 6, 2013
Deregulated markets are set to enter a "death spiral," Duke Energy CEO Jim Rogers said during an annual shareholders meeting.
May 3, 2013
FERC largely accepted revisions to PJM's minimum offer price rule (MOPR), or buyer-side mitigation policies, for the centralized capacity market, but ordered PJM to retain a unit-specific review and exemption process.
April 30, 2013
FERC has approved AEP's application to transfer the utility generation owned by Ohio Power Company to a competitive generation affiliate, consistent with the corporate separation approved by the Public Utilities Commission of Ohio.
April 30, 2013
New England and New York could follow California in essentially re-regulating new build power generation through the use of regulator-directed procurements, Julien Dumoulin-Smith said in a note to UBS Investment Research clients.
April 19, 2013
NY Acts on Energy Highway Items, Meant to Reduce Congestion
April 19, 2013
The New York State Public Service Commission has approved the construction and operation of the Champlain Hudson Power Express Project, a 1,000 megawatt (MW) transmission line stretching 330 miles from the Canadian border to Astoria, Queens, primarily through Lake Champlain and the Hudson River.
April 16, 2013
A filing by Ohio Power Company at FERC is meant to preserve a favorable revenue stream for AEP to the extent an Ohio court overturns a decision by the Public Utilities Commission of Ohio, Industrial Energy Users-Ohio charged in a FERC filing.
