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December 6, 2010
PPL Electric Utilities filed a petition with the Pennsylvania PUC requesting approval of the procurement of a 50 MW block of fixed price default supply for residential customers through a 10-year unit contingent procurement, as provided in its default service settlement.
November 30, 2010
New York State Electric & Gas Corporation petitioned FERC for rehearing of the Commission's October 28 order denying NYSEG's request to rebill certain charges dating back 10 years to correct metering errors from both NYSEG and Niagara Mohawk (EL09-26).
November 30, 2010
The Illinois House Electric Generation & Commerce Committee reported out with a favorable recommendation SB2485, the Tenaska Taylorville Energy Center sourcing agreement bill, by a vote of 7-4.
November 29, 2010
The new capacity compensation formulas proposed by Columbus Southern Power and Ohio Power "may not be cost-based" and may "result in the double recovery of capacity costs," because they fail to consider capacity equalization payments pursuant to the AEP-East Interconnection Agreement, the Ohio…
November 22, 2010
Columbus Southern Power and Ohio Power have petitioned FERC to alter how competitive retail electric service (CRES) providers in Ohio compensate the AEP Ohio utilities for capacity under the utilities' use of the Fixed Resource Requirement of the Reliability Pricing Model.
November 19, 2010
FERC Issues Variable Resource Integration NOPR
November 18, 2010
ERCOT Board Approves Shadow Price Cap Methodology ERCOT's board of directors approved shadow price caps and power balance penalties as recommended by the Technical Advisory Committee. As required by nodal protocols, ERCOT staff developed a methodology for setting maximum shadow prices for network…
November 16, 2010
The California PUC has issued a proposed decision (Rulemaking 10-05-006) which would adopt upfront standards for investor owned utilities (IOUs) Pacific Gas and Electric Company (PG&E), San Diego Gas & Electric Company (SDG&E), and Southern California Edison (SCE) to participate in convergence…
November 10, 2010
PUCT Chairman Barry Smitherman has proposed that the Commission open a project to receive comments from interested parties on how the Commission or Southwest Power Pool rules should address several concerns regarding transmission expansion projects in order to limit the burden on Texas ratepayers.
November 8, 2010
The PUCT has issued a final written order concerning amendments to Subst. R. 25.505, specifically concerning the release of the ERCOT State Estimator Report upon implementation of the nodal market (Project 38470). Though the Commission voted on the rule at its most recent open meeting, the final…
October 29, 2010
Rejecting recommendations from Trial Staff, FERC denied requests from NYSEG to require the New York ISO to rebill certain charges dating back 10 years to correct metering errors from both NYSEG and Niagara Mohawk (EL09-26).
October 26, 2010
ERCOT has requested that the PUCT approve the use of previously approved Nodal Surcharge revenues to pay for expenses associated with the transition to the nodal market that ERCOT will incur after the planned December 1, 2010 nodal market go-live date (Docket 38840).
October 25, 2010
Exelon's Generation unit reported adjusted earnings of $499 million for the third quarter of 2010, versus $504 million a year ago, on lower energy gross margin largely due to lower energy prices under the power purchase agreement with PECO and higher nuclear fuel costs.
October 22, 2010
Columbia Gas Seeks Rehearing of Maryland POR Order, Submits Revised Compliance Plan
October 22, 2010
FERC clarified its decision regarding the California PUC's Combined Heat and Power purchase obligation and associated pricing, currently only applicable to the investor owned utilities, to hold that, "the concept of a multi-tiered avoided cost rate structure is consistent with the avoided cost…
October 22, 2010
FERC approved Duke Energy Ohio and Duke Energy Kentucky's plan to exit the Midwest ISO and join PJM and conditionally accepted the Duke companies' proposed Fixed Resource Requirement (FRR) Integration Plan (ER10-2254 et. al.).
October 22, 2010
Under the guise of reform, FERC issued an order on RTO credit policies which will increase end users' costs for generation service by millions of dollars annually (RM10-13).
October 20, 2010
ERCOT's Board of Directors yesterday certified that all nodal systems meet the readiness criteria to proceed with the Dec. 1 nodal market go-live.
October 19, 2010
Constellation Energy has protested the Seams Elimination Charge Adjustment compliance filing (ER10-2283 et. al.) of the PJM transmission owners due to establishment in the compliance filing of SECA sub-zones in the AEP-East zone for "Wolfhills" and "Bristol, Wolfhills" that, "neither appear to have…
October 13, 2010
Trans-Elect, with sponsors Good Energies, Google, and Marubeni Corporation, is pursuing the development of a 6,000 MW undersea transmission cable that would link Hampton Roads, Virginia with New Jersey, with a connection to the on-shore transmission system in Delaware as well.
October 13, 2010
FERC has opened a proceeding pursuant to section 206 of the Federal Power Act to determine whether Shell Energy North America (US), LP's market-based rate authority in the Central and Southwest (CSWS, American Electric Power-West) balancing authority area remains just and reasonable after Shell's…
October 13, 2010
The U.S. Department of Justice has opened a civil investigation into competitive issues concerning certain practices and policies of the Entergy utility companies - Entergy Arkansas, Inc.; Entergy Gulf States Louisiana, LLC; Entergy Louisiana, LLC; Entergy Mississippi, Inc.; Entergy New Orleans, Inc…
October 13, 2010
FERC accepted tariff revisions from the New York ISO that provide for the mitigation of generators in the Rest-of-State region that can exercise market power when they are committed or dispatched to maintain system reliability, which is substantially similar to the mitigation approved for three…
October 8, 2010
Sempra Energy and The Royal Bank of Scotland announced yesterday that they have agreed to sell most of the remaining assets of RBS Sempra Commodities, including the North American wholesale gas and power trading business, to JP Morgan Ventures Energy Corp. for approximately $220 million.
October 4, 2010
The California ISO, several California generators, and the state's major investor-owned utilities have filed a settlement at FERC governing the allocation of payments required of market participants to cover defaults in the CAISO market. Several municipal utilities as well as FERC Staff have…
