Report: Excess Capacity Procured Due To Capacity Market Designs Totals $1.4 Billion Annually
A report prepared for the Sustainable FERC Project says that a rough estimate of the cost of excess capacity (above the needed reserve margin) procure...
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NYISO Releases Study On Incorporating Social Cost Of Carbon Into The Wholesale Price Of Electricity
The New York Independent System Operator (NYISO) today released a new study of the NYISO’s proposal to incorporate the social cost of carbon into the ...
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FERC Schedules Workshop On "Grid-Enhancing Technologies"
FERC has scheduled a staff-led workshop in Docket No. AD19-19-000, concerning Grid-Enhancing Technologies, for Tuesday and Wednesday, November 5-6, 2...
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Ofgem Fines Engie Global Markets £2.1 Million
U.K. regulator Ofgem said that it has fined Engie Global Markets (EGM) approximately £2.1 million, "after an investigation found that EGM, acting thro...
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Alberta To Maintain Energy-Only Wholesale Market
The Government of Alberta, Canada announced that it will maintain an energy-only wholesale electric market, and will table the necessary legislation ...
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Mitsui & Co. Energy Marketing and Services Seeks Market-Based Rate Authority
Mitsui & Co. Energy Marketing and Services (USA), Inc. applied at FERC for electric market-based rate authority
As previously reported, Mitsui & Co. ...
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FERC Issues Order To Show Cause To Power Trader, Could Seek $6 Million Penalty
FERC issued an order directing Vitol Inc. (Vitol) and Federico Corteggiano (Corteggiano) (collectively, Respondents) to, "show cause why they should n...
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PJM Authorized To Assess Surcharges To Fund Marginal Line Loss Refunds To Financial Marketers
In an order on remand concerning marginal loss surplus allocation, FERC has ordered that PJM must pay refunds of misallocated marginal line loss over-...
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FERC Orders PJM, NYISO To Revise Pricing For Fast-Start Resources To Reflect More Costs
The Federal Energy Regulatory Commission (FERC) has directed PJM Interconnection (PJM) and New York Independent System Operator (NYISO) to implement t...
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IESO Announces Changes To Ontario Electric Market
The Ontario Independent Electricity System Operator (IESO) recently announced that it is introducing changes to Ontario’s electricity system that it s...
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Power Marketer To Sell Three Power Sales Agreements To Serve Wholesale Customers
Twin Eagle Resource Management, LLC and Public Service Company of Colorado (PSCo or Xcel Energy) applied at FERC for Twin Eagle to transfer to PSCo...
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SPP Proposes Energy Imbalance Market For The West
Southwest Power Pool stated an intent to create an energy imbalance market for the west
SPP is, "calling on interested utilities and other customers...
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U.S. Subsidiary Of Japanese Energy Co. Registers As Texas Power Marketer
JERA Energy America LLC registered with the Texas PUC as a wholesale power marketer. The company's ultimate parent, JERA, is an equal joint venture of...
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International Commodities Trader Receives FERC Market-Based Rate Authority
FERC granted the application of DXT Commodities North America LLC for electricity market-based rate authority
DXT Commodities North America LLC is ...
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FERC Says, Even In Bankruptcy, Commission Approval Needed To Modify Filed Rates
In response to requests for declaratory orders prompted by an expected bankruptcy filing by Pacific Gas & Electric, FERC issued an order which clarifi...
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