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September 6, 2012
FERC yesterday directed Deutsche Bank Energy Trading, LLC to show cause why it should not be assessed a civil penalty in the amount of $1.5 million for alleged violation of the Commission's anti-manipulation rules.
September 6, 2012
Dominion announced today that it intends to pursue the sale of three fossil fuel-fired merchant power stations, one in Massachusetts and two in Illinois.
August 31, 2012
ERCOT yesterday filed in PUCT project 31600 an August 29 letter to the City of Seymour concerning the city's request for action regarding congestion in the ERCOT west zone.
August 30, 2012
Algonquin Power & Utilities Corp. (APUC) has submitted to the Maine PUC a plan for the disposition of its thermal generation located within the service territory of Maine Public Service Company, in accordance with the PUC's April 30, 2012 order.
August 29, 2012
The California ISO has filed tariff changes at FERC, "to build upon and enhance the existing provisions of the ISO tariff that prevent exposure to excessive payments that can be caused by the exercise of market power."
August 27, 2012
Calling the dramatic increase in congestion costs in the ERCOT West Zone a "crisis," Priority Power Management, LLC filed a request with the Public Utility Commission of Texas for an emergency inquiry into the extreme levels of congestion costs in the west load zone.
August 17, 2012
Raising the offer cap in ERCOT would not allow the market to achieve the desired reserve margin, Donna Nelson, Chair of the Public Utility Commission of Texas, said in a memo in advance of today's open meeting.
August 17, 2012
The City of Seymour, Texas, which runs a municipal utility, has asked the Public Utility Commission of Texas to address congestion in the ERCOT West Load Zone.
August 9, 2012
Exelon today announced that it has reached an agreement to sell its three Maryland coal-fired power plants to Raven Power Holdings LLC, a new portfolio company of Riverstone Holdings LLC, fulfilling its commitment to divest the plants as part of its merger with Constellation.
August 7, 2012
A non-unanimous stipulation filed by several parties in Texas would condition Entergy Texas Inc.'s transfer of operational control of its transmission assets to the Midwest ISO on the membership status of the other Entergy operating companies (Docket 40346).
August 6, 2012
Given the, "separate and collective failure" of Entergy Arkansas, Inc. and the Midwest ISO to effectively address and satisfy the Arkansas PSC's concerns, the PSC is, "unable, at this time, to reach a finding that EAI's Application [to join MISO] is in the public interest," the PSC said in an order…
July 31, 2012
Estimated net revenues for new combustion turbines and combined cycle units in ERCOT were sufficient to support new entry during 2011, finds the Independent Market Monitor in the annual State of the Market report.
July 23, 2012
Economics do not support the construction of new capacity "in this country" unless the plant is being built pursuant to a state's renewable portfolio standard, or has a bilateral contract, NRG President and CEO David Crane said today during a media call regarding the company's merger with GenOn.
July 23, 2012
The combination of NRG Energy, Inc. and GenOn Energy, Inc. will serve as a "foundation" for further retail market expansion, NRG President and CEO David Crane said today.
July 20, 2012
Approval of Entergy Texas, Inc.'s (ETI) application to join the Midwest ISO should be conditioned on exiting the Entergy System Agreement (ESA), Staff of the Public Utility Commission of Texas said in portions of testimony that have now been made public after initially being redacted (40346).
July 18, 2012
Panda Power Funds today announced that its affiliate Panda Temple Power, LLC has successfully completed the financing on its planned 758-megawatt natural gas-fueled, combined-cycle power plant in Temple, Texas.
July 17, 2012
Net quantitative benefits of Entergy Texas, Inc. (ETI) joining the Midwest ISO are "small," and compel the Public Utility Commission of Texas to consider, "the un-quantified risks and qualitative costs and benefits of the transaction, such as the potential costs of transmission and ramifications in…
July 13, 2012
Texas to Hold Workshop on Smart Meter Opt-Out
July 12, 2012
Granting a complaint filed by FirstEnergy Solutions Corp., FERC ordered PJM to revise its rules governing the Auction Revenue Right (ARR) allocation process for transmission facilities that have been modeled as out-of-service for the entire year but which return to service for one or more months…
July 12, 2012
The Electric Reliability Council of Texas (ERCOT) has launched a new tool to help large electricity users make operational decisions based on anticipated electricity prices.
July 11, 2012
Calpine Corporation, on behalf of itself and its generation subsidiaries operating in the ERCOT wholesale market, has petitioned the Public Utility Commission of Texas for approval of a proposed Voluntary Mitigation Plan (VMP) which would govern Calpine's participation and operations in the ERCOT…
July 2, 2012
Texas Industrial Energy Consumers moved to dismiss the application for a voluntary mitigation plan (VMP) filed by NRG Texas Power and Staff of the Public Utility Commission of Texas, as TIEC argued that the Commission lacks authority to approve the plan.
July 2, 2012
A single paragraph in a FERC order regarding a complaint by DC Energy against PJM may, "unnecessarily restrict the ability of market participants to engage in physical forward transactions," the Financial Institutions Energy Group (FIEG) warned in a request for clarification concerning the…
June 28, 2012
The Public Utility Commission of Texas today approved an increase in the ERCOT high system-wide offer cap effective August 1, 2012 (Docket 37897).
June 25, 2012
Staff of the Public Utility Commission of Texas and IPR-GDF Suez Energy Marketing North America, Inc. have sought Commission approval of a Voluntary Mitigation Plan specifying how GDF Suez will be treated for enforcement purposes under P.U.C. Subst. R. 25.504(c) for the remainder of 2012, relating…
