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February 16, 2011
PUCT Chairman Barry Smitherman, during a Texas Senate hearing on the rolling outages earlier this month, said that ERCOT's current market design sends the correct signals to plants to be online when needed most, so plants can take advantage of any potential scarcity pricing which results during…
February 11, 2011
ERCOT issued the following clarifications on the previously reported approach to exclude the impact of last week's weather event from forward components of credit calculations.
February 10, 2011
The U.S. Court of Appeals for the District of Columbia Circuit denied an appeal brought by several load interests, collectively referred to as RPM Buyers, against a prior FERC order which dismissed the RPM Buyers' complaint against the transitional Reliability Pricing Model auctions ( 9/22/08 ).
February 9, 2011
ERCOT Reverts uth Percentile to Prior Level ERCOT is reverting the "uth" percentile used to determine exposure for Point-to-Point (PTP) Obligation Bids in the Day Ahead Market (DAM) to the 90th percentile starting with the DAM run on February 9, 2011, for Operating Day February 10, 2011. As…
February 4, 2011
ERCOT ended statewide emergency conditions yesterday, however, local generation and transmission issues in the Rio Grande Valley required rolling outages for that area for a brief period overnight, with ERCOT warning such outages could continue Friday morning.
February 3, 2011
Rolling outages in ERCOT ended at approximately 2:00 p.m. local time yesterday, but ERCOT is continuing to urge conservation, stating that any additional unexpected major losses of generation could force operators to begin emergency procedures to avoid an uncontrolled statewide blackout.
February 2, 2011
February 2, 2011 9:43 a.m. est
The Electric Reliability Council of Texas (ERCOT) has instructed utilities to begin rotating outages to compensate for a generation shortage due to numerous plant trips that occurred because of the extreme weather.
January 21, 2011
The Oregon PUC has re-opened Docket UM 1182 to further examine issues related to the competitive bidding guidelines for procurement of supplies for the investor-owned utilities.
January 21, 2011
The New York State PSC granted approval to NRG Astoria Power LLC for the construction of a 1,040 MW electric generating facility to replace an existing 600 MW facility located at an industrial site in Long Island City, New York.
January 20, 2011
Rochester Gas and Electric has recommended that the New York PSC terminate its fossil generation divestiture plan, due to, "the unsatisfactory results in the indicative bid stage of the auction and the unattractiveness of the assets."
January 14, 2011
A transition from the Southwest Power Pool to ERCOT for customers of Sharyland Utilities currently in SPP would result in reduced rates for both residential and commercial and industrial customers, an analysis prepared by GDS Associates, Inc. concludes (PUCT Docket 39070).
January 12, 2011
New England generators, with the support of ISO New England, are seeking to implement "knee jerk" changes to the Peak Energy Rent mechanism of the Forward Capacity Market which would retroactively cost load in excess of $100 million, retail and load suppliers said in protests at FERC (ER11-2427).
January 6, 2011
The Tenaska Taylorville Energy Center sourcing agreement bill (SB2485) failed a vote in the Illinois Senate yesterday, but is still alive due to a parliamentary measure.
January 5, 2011
PJM and the Midwest ISO have filed a proposed settlement at FERC to resolve all claims relating to several cross-complaints (Dockets EL10-45 et. al.) lodged by each RTO concerning the Joint Operating Agreement (JOA).
January 4, 2011
Constellation Energy has completed a $1.1 billion agreement to purchase the 2,950-megawatt Boston Generating fleet in New England.
January 3, 2011
The New York ISO has filed with FERC proposed tariff amendments to revise provisions concerning the Market Power Mitigation Measures and the Market Monitoring Plan.
December 31, 2010
FERC approved PJM Settlement, Inc.'s request to guarantee the obligations of PJM and authorized other securities-related requests, dismissing protests from several competitive market participants (ES11-8).
December 31, 2010
ERCOT is reviewing up to $9 billion in transmission projects to maintain reliability and improve grid efficiency, ERCOT reported in an annual Electric System Constraints and Needs Report , which includes a five-year planning horizon.
December 31, 2010
FERC has re-prioritized initiatives designed to mitigate the impacts of Lake Erie loop flows, emphasizing interface pricing revisions and congestion management/market-to-market coordination agreements while removing buy-through congestion as a top priority (ER08-1281).
December 31, 2010
Constellation Energy yesterday announced it has signed an agreement to sell the 550-megawatt Quail Run natural gas plant in west Texas to High Plains Diversified Energy Corporation (HPDEC) for $185.3 million. The agreement is contingent upon HPDEC obtaining financing through the sale of municipal…
December 28, 2010
FERC's proposal to adopt an electric reliability standard requiring planning coordinators within ReliabilityFirst Corporation to analyze, assess, and document resource adequacy annually using a "one day in ten year" loss of load criterion exceeds FERC's authority under the Federal Power Act and…
December 27, 2010
The New York ISO has filed with FERC proposed tariff revisions to improve shortage pricing for its Regulation Service and Operating Reserves products by modifying the existing demand curves applicable to those products to better reflect the value of energy during shortage conditions and to improve…
December 23, 2010
FERC has approved Constellation Energy's acquisition of the portfolio of Boston Generating, dismissing conditions sought by Nstar and finding that the acquisition will have no adverse effect on competition (EC10-85).
December 9, 2010
AEP Retail Energy Partners Serving 200 MW of Load AEP Retail Energy Partners LLC said that it provides electricity and energy-related services to more than 1,000 retail customers in Ohio, representing approximately 200 MW of load, in describing its standing in a motion to intervene in Duke Energy…
December 8, 2010
Parties have reached a unanimous stipulation under which the ERCOT would receive approval from the PUCT to use previously approved Nodal Surcharge revenues to pay for expenses associated with the transition to the nodal market that ERCOT will incur after the December 1, 2010 nodal market go-live…
