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May 16, 2011
The Midwest ISO has filed expedited tariff changes at FERC to prevent the current exploitation of a flaw by certain market participants which allows suppliers to inflate make-whole payments by inducing reductions in output through their own changes in day-ahead and real-time offers.
May 13, 2011
Entergy's comprehensive evaluation of alternative transmission arrangements, in which it justifies its selection of Midwest ISO membership, essentially dismisses capacity costs as a potential cost to ratepayers under the MISO option.
May 12, 2011
Various proposed regulations by the U.S. Environmental Protection Agency could lead to the retirement of 8,100 MW of gas-fired generation, and, in a worst case scenario, 5,600 MW of coal-fired generation.
May 2, 2011
NextEra Energy Resources reported adjusted earnings of $189 million for the first quarter of 2011, compared with $196 million in the first quarter of 2010.
May 2, 2011
A preliminary analysis by Entergy Texas reveals that, under a certain set of assumptions, Texas ratepayers will become net payers under the Entergy system agreement in 2014 even as the Entergy companies join the Midwest ISO, PUCT Commissioner Kenneth Anderson reported during Friday's open meeting.
April 26, 2011
The Public Utilities Commission Of Ohio, PJM, and several other parties have filed protests at FERC against AEP Ohio's complaint seeking to raise the capacity costs paid by competitive retail suppliers (EL11-32).
April 25, 2011
Notwithstanding the limited physical interconnection between the two areas, Entergy Corporation announced this morning that, "it has concluded that joining the Midwest Independent System Operator (MISO) will provide meaningful long-term benefits for the customers of the Entergy operating companies."
April 22, 2011
FERC proposed requiring certain market participants that are not subject to Section 205 of the Federal Power Act to file electric quarterly reports (EQRs), which FERC said would enhance market transparency.
April 14, 2011
Essentially providing a bailout to generators due to low capacity prices in ISO New England, FERC directed ISO-NE to develop a mitigation regime that relies on benchmark pricing for so-called out-of-market (OOM) capacity, but which does not procure more capacity than the Installed Capacity…
April 13, 2011
FERC yesterday rushed to adopt tariff changes regarding the PJM Reliability Pricing Model administrative capacity mechanism which are solely designed to raise the capacity prices paid by end use customers by up to $3 billion, in accepting revisions related to the Minimum Offer Price Rule (MOPR).
April 11, 2011
The Midwest ISO has petitioned FERC for a declaratory order, asking that FERC confirm that the terms of the Joint Operating Agreement in effect between the Southwest Power Pool and MISO, regarding the sharing of transmission capacity on a common path, will remain in effect and applicable to Entergy…
April 11, 2011
FERC has issued a NOPR to prohibit multiple affiliates of the same entity from bidding in an open season for pipeline capacity in which the pipeline may allocate capacity on a pro rata basis, unless each affiliate has an "independent business reason" for submitting a bid (RM11-15).
April 11, 2011
Several measures taken by ERCOT in February to exclude the impacts of the anomalous severe weather event on credit requirements prevented several additional retail electric providers from defaulting, two leading retail executives told KEMA's Executive Forum.
April 5, 2011
AEP has filed a section 206 complaint at FERC seeking changes to the capacity cost compensation mechanism for utilities using the Fixed Resource Requirement (FRR), after the Commission rejected the AEP Ohio companies' earlier attempt, through a section 205 filing, to raise the capacity costs charged…
March 31, 2011
ERCOT has filed Nodal Protocol Revision Request 342 to provide ERCOT with authority to implement corrective measures and advise Market Participants to discontinue practices that are inconsistent with "efficient operation of the market," after identifying such outcomes in the Day-Ahead Market (DAM)…
March 30, 2011
ERCOT has posted the final list of generation units that experienced a forced outage during last month's severe weather event, Feb. 1- 4, at this link .
March 30, 2011
FERC ruled yesterday that New Brunswick Power Generation Corporation satisfies the Commission's standards for market-based rate authority in the New Brunswick System Operator balancing authority area, dismissing a complaint from Integrys Energy Services (EL09-32).
March 22, 2011
The California ISO has identified an "exploitation" of the existing bid cost recovery tariff rules which has caused load to overpay certain resources by $57 million, CAISO said in submitting tariff changes to prohibit the practice (ER11-3149).
March 21, 2011
Penn Power has successfully contracted for 19,800 Solar Renewable Energy Credits at an average cost is $199.09 per SREC, with deliveries scheduled to begin in June 2011 and last through May 2020.
March 16, 2011
FERC issued an order yesterday directing that demand response providers be paid the full Locational Marginal Price when such payment is "cost effective" based on a net benefits test (RM10-17).
March 14, 2011
"I think there at least arguably have been some violation of our rules," PUCT Commissioner Kenneth Anderson said during Friday's open meeting in discussing an issue identified by ERCOT regarding de-energized resource nodes.
March 11, 2011
PJM's capacity markets are only competitive due to the application of market mitigation, the annual state of the markets report from PJM's Independent Market Monitor reiterated yesterday.
February 18, 2011
FERC yesterday issued a Notice of Proposed Rulemaking (RM11-7) to establish uniform compensation for frequency regulation service in the jurisdictional RTOs, stating that faster-ramping resources may be under-compensated for their services.
February 18, 2011
FERC granted limited rehearing on its October RTO credit reforms order, eliminating the prior provision allowing corporate families to use up to $100 million in unsecured credit, while limiting other stakeholders to $50 million.
February 18, 2011
In another decision which will increase retail customers' electric bills, FERC has adopted changes to the calculation of the Peak Energy Rent strike price in ISO New England, which will essentially increase the capacity costs borne by load versus the current mechanism (ER11-2427).
