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Appeals Court Order Upholding PJM Capacity Performance Highlights How Bad Decades-Old Design Was
The U.S. Court of Appeals for the D.C. Circuit issued an opinion denying challenges to FERC's adoption of PJM's capacity performance mechanism and des...
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FERC: ERCOT Summer Reserve Margin "Tight"; A Better Description Is Efficient
FERC issued a Staff summer 2017 reserve margin report stating, "The anticipated reserve margin in ERCOT continues to be tight when compared to the oth...
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PJM Posts Updated Capacity Market Repricing Proposal, Previews Energy Market Price Formation Paper
PJM has posted an updated Capacity Market Repricing Proposal and previewed an Energy Market Price Formation Working Paper that is to be released June ...
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Pat Wood: Any Texan Paying North of 9 Cents For Power In Houston Is A "Dumb---"
Anyone in the Houston area with electric choice paying in excess of 9 cents per kWh for power is a, "dumb---", Pat Wood, former Texas PUC Chair, said ...
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FirstEnergy Reports Results From PJM Capacity Auction, Calls Prices "Unsustainable" For Coal, Nukes
FirstEnergy reported its results from the recent PJM capacity auction. FirstEnergy called capacity prices from the auction, along with current ener...
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Calpine Reports PJM Capacity Auction Results
Calpine reported its results from the PJM 2020/2021 base residual auction. Calpine cleared a total of 5,309 MW in PJM’s 2020/2021 base residual au...
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Exelon Says Two Of Its Nukes Fail To Clear PJM Capacity Auction
Exelon Corporation today announced that its Three Mile Island (TMI) and Quad Cities nuclear plants did not clear in the 2020-21 PJM capacity auction ...
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Dynegy, PSEG Power Report Results From PJM Capacity Auction
Dynegy announced that it cleared a total of 10,217 megawatts (MW) at a weighted average clearing price of $122.19 per megawatt-day equating to approx...
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Pa. PUC Vice Chair Concerned w/ Increased Reliance on "Theoretical" Prices, Assumptions In RPM
In an April 25 written statement in advance of a FERC technical conference on the intersection of state and federal policies with respect to organized...
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Legacy of Capacity Market: Has Electricity Deregulation Hit A Wall?
Writing in the Houston Chronicle, James Osborne covers recent remarks made by FERC Chair Cheryl LaFleur, who, on discussing various state-mandated pur...
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ISO-NE Outlines Transfer Payments, Substitution Auction To Accommodate "Subsidized" Capacity in FCM
ISO New England has proposed a "substitution" auction, which includes transfer payments among capacity supplies, to address what it called a "collisio...
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FERC Issues Updated Agenda With Panelists for Tech Conference on State Actions Impacting RTO Markets
FERC has issued an updated agenda with panels and speakers for its technical conference on various state actions (subsidies, etc.) affecting wholesale...
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Exelon EDCs Seek Aggregation of Capacity Resources in PJM
Five Exelon utilities — Atlantic City Electric (“ACE”), Baltimore Gas and Electric Company (“BGE”), Commonwealth Edison (“ComEd”), Delmarva Power (“DP...
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FERC To Consider Reconciling State Policy Goals With RTO Market Designs, Sets Technical Conference
FERC will consider reconciling state policy goals with market designs for RTO energy and capacity markets, and scheduled an initial technical conferen...
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New England Generators Seek FERC Clarification On Refund Of Peak Energy Rent Adjustments
The New England Power Generators Association (NEPGA) has sought clarification, or to the extent necessary rehearing, of a recent FERC order which foun...
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