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DOE Staff Report On Electricity Markets Calls For More Products, Higher Prices
The Department of Energy released its Staff Report to the Secretary on Electricity Markets and Reliability. Among its recommendations, which would se...
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Capacity Price Spikes Creating Political Turmoil For Default Service, State’s Retail Market
The Rhode Island PUC approved without modification 50% increases in National Grid's (Narraganset Electric) default service electric rates, leaving...
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Draft DOE Study Says ORDC "Make[s] ERCOT’s Resource Adequacy Approach Similar To That of PJM"
Reuters obtained a draft of a U.S. Department of Energy study concerning a review of factors impacting electric markets and reliability (and baseload ...
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Court Vacates FERC Order Expanding Methods For New Generation To Avoid Price Floor in PJM BRA
The U.S. Court of Appeals for the D.C. Circuit vacated an order from FERC which expanded the avenues for generators in PJM to bid below the price floo...
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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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