FERC Approves CAISO’s Resource Adequacy Revisions On October 1, 2015, FERC issued an order approving the California Independent System Operator’s (“CAISO”) revisions to its capacity procurement mechanism (“CPM”) to, among other things, implement a competitive solicitation process to procure backstop capacity. In the order, FERC found that (1) compensating CPM capacity based on a competitive … Continue reading FERC Approves CAISO ‘s Resource Adequacy Revisions→
ENERGY WEEK AHEAD: FERC DEMANDS ITS DAY BEFORE THE SUPREME COURT FERC may be Washington’s sleepiest agency, but a Supreme Court case this week couldn’t have higher stakes for power producers, utilities and, some say, states’ rights. In oral arguments on Oct. 14, justices will examine whether the Federal Energy Regulatory Commission has the ability … Continue reading ENERGY WEEK AHEAD: FERC DEMANDS ITS DAY BEFORE THE SUPREME COURT→
FERC investigating MISO auction over market manipulation allegations A jump in prices sparked concerns — and launched a probe — into major Texas-based utility Dynegy’s actions in the April MISO’s capacity auction. Consumer watchdog Public Citizen alleged that the generation company withheld several power plants from the auction or bid them at non-competitive prices. Illinois … Continue reading FERC investigating MISO auction over #market_manipulation allegations→
CAL-ISO Gets FERC Approval for Backstop Capacity Auctions On October 1, the California Independent System Operator (CAL-ISO) got the go-ahead (Docket No. ER15-1783-000) from the Federal Energy Regulatory Commission (FERC) to revise its capacity procurement mechanism (CPM) by implementing a competitive solicitation process. The new auction process is intended to ensure that sufficient resources with … Continue reading CAL-ISO Gets FERC Approval for Backstop Capacity Auctions→
Utility industry casts doubt on FERC’s proposed cyber standards Over the summer, federal regulators laid out a series of modifications to critical infrastructure protection reliability standards designed to address growing concerns that the nation’s bulk generation and transmission systems are vulnerable to cyberattacks. The Federal Energy Regulatory Commission (FERC) wanted the utility industry to develop … Continue reading Utility industry casts doubt on FERC ‘s proposed #cyber_standards→
NOPR Requires PJM, MISO, ISO-NE Switch to 5-Minute Settlements FERC issued a preliminary order Thursday that would require RTOs and ISOs to align their settlement and dispatch intervals, saying it was the first of a number of proposals the commission plans to act on based on what it learned from the price formation proceeding it … Continue reading #NOPR Requires PJM, MISO, ISO-NE Switch to 5-Minute Settlements→
September 17, 2015 FERC Orders Alignment in Dispatch, Settlements By Rich Heidorn Jr. FERC issued a preliminary order Thursday that would require RTOs and ISOs to align their settlement and dispatch intervals, saying it was the first of a number of proposals the commission plans to act on based on what it learned from the … Continue reading NOPR Requires PJM, MISO, ISO-NE Switch to 5-Minute Settlements→
Recent FERC Decision Provides Welcome News for Operators, Many Renewable Energy Generators In late July, the Federal Energy Regulatory Commission (FERC) issued a ruling to help ISO-New England more effectively manage congestion on its grid due to growing renewable energy generation. Due to the intermittent nature of renewable generation, operators nationwide cannot predict when transmission … Continue reading Recent FERC Decision Provides Welcome News for Operators, Many Renewable #Energy_Generators→
Maxim to FERC: Prosecute or Drop Probe A power generator fined $5 million for allegedly cheating ISO-NE wants federal regulators to drop two other allegations or combine them with the original complaint (IN15-4). FERC fined Maxim Power in May for overcharging ISO-NE by offering into the day-ahead market with a price for oil-fired generation when … Continue reading #Maxim to FERC: Prosecute or Drop Probe→
Governor presses case against PJM project costs to Delawareans Wilmington, DE – In a filing submitted today to the Federal Energy Regulatory Commission (FERC), Governor Markell continued his efforts to oppose power grid manager PJM’s plan to force Delaware residents to bear unreasonably high costs for a power line project that mainly benefits businesses and … Continue reading Governor presses case against PJM project costs to Delawareans→
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