The Surprising Ground Zero for Electricity Market Fights Look to the East and you’ll see a major initiative to transform New York’s electric grid into a cleaner, more efficient system. Look to the West and you’ll find ambitious clean energy legislation in California. Yet utility executives and federal regulators recently gathered in the Midwest to … Continue reading The Surprising Ground Zero for Electricity Market Fights
FERC approves CAISO ramping product, rejecting calls to make it biddable One of the top concerns at California’s grid operator is how to bridge the gap between the spike in evening demand for electricity and the corresponding dip in solar generation as the sun sets, a phenomena known as the Duck Curve. While it could … Continue reading FERC approves CAISO #ramping product, rejecting calls to make it biddable
FERC Staff And PUCT Oppose CFTC Proposal To Permit Private Right Of Action For RTO/ISO Transactions In June, the General Counsel of the Federal Energy Regulatory Commission (FERC) and the Public Utility Commission of Texas (PUCT) submitted comments to the Commodity Futures Trading Commission (CFTC) opposing the CFTC’s proposed amendment to an order it issued … Continue reading FERC Staff And #PUCT Oppose CFTC Proposal To Permit Private Right Of Action For #RTO/#ISO Transactions
FERC Finds PJM ARR/FTR Market Design Flawed; Rejects Proposed Fix PJM must develop a new method for allocating auction revenue rights that doesn’t consider extinct generators, FERC ruled last week. The commission said PJM had correctly diagnosed that its existing rules for ARRs and financial transmission rights were no longer just and reasonable because modeling … Continue reading FERC Finds PJM #ARR/#FTR Market Design Flawed; Rejects Proposed Fix
FERC settles with Saracen over tariff violations On August 22, FERC issued an order approving a settlement between FERC’s Office of Enforcement and Saracen Energy Midwest, LP (Saracen) that resolves Enforcement’s investigation into whether Saracen violated the Southwest Power Pool, Inc. (SPP) tariff by submitting bids for Transmission Congestion Rights (TCRs) at Electronically Equivalent Settlement … Continue reading FERC settles with Saracen over tariff violations
FERC approves CAISO tariff changes for demand response, distributed storage The changes to CAISO’s tariff are a part of the state’s efforts to bring a wider range of energy resources into its markets. As it moves forward with those plans, details are being worked out to better integrate resources that don’t act like typical generators. … Continue reading FERC approves CAISO tariff changes for demand response, distributed storage
FERC OKs CAISO Energy Storage Rules FERC last week approved rule changes to improve the ability of energy storage resources to participate in CAISO’s markets (ER16-1735). The changes will allow “non-generator resources” to submit their state-of-charge as a bid parameter in the day-ahead market and manage their own state-of-charge and energy limits for the purposes … Continue reading FERC OKs CAISO Energy Storage Rules
FERC Requires New England Generators to Reveal How Bids Formulated On August 8, 2016, the Federal Energy Regulatory Commission (FERC) issued its order on remand from the D.C. Circuit on FERC’s approval of ISO New England’s (ISO-NE) 2013-14 winter reliability program, results, and rates. (TransCanada Power Marketing Ltd v. FERC, No. 14-1103). In a ruling … Continue reading FERC Requires New England Generators to Reveal How Bids Formulated
FERC Civil Penalties May Be Subject to Full Judicial Review A Federal District Court recently held that a proposed civil penalty assessed by FERC was subject to a full trial de novo where the respondent elects to forego a hearing before an Administrative Law Judge, a matter of first impression that will affect the ways … Continue reading FERC Civil Penalties May Be Subject to Full Judicial Review
BPU FILES WITH FEDERAL COURT, WANTS FERC REHEARING ON NEW WAY TO PAY FOR POWER New Jersey, fearing spikes in power prices, joins with other states to roll back PJM scheme to increase grid reliability The state is renewing its efforts to spur a federal agency to reconsider a decision that officials in New Jersey … Continue reading #BPU FILES WITH FEDERAL COURT, WANTS FERC REHEARING ON NEW WAY TO PAY FOR POWER
For more information call 1-855-GET-INNOTAP (1-855-438-4666) or contact us by form or email us today!
