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State Audit Reveals Faults In CPUC Contract Practices The Public Utilities Commission failed to follow state rules for awarding noncompetitive contracts, did not guard against the appearance of improper influence from utilities when making decisions and failed to fully disclose important communications, according to a new state audit. The audit focused...

By William Opalka and Rory Sweeney The Regional Greenhouse Gas Initiative reported another lackluster carbon allowance auction last week, bolstering calls by Massachusetts and others for more aggressive cuts in the compact’s emission caps. But as the program conducts its triennial review of how it should operate in 2020 and...

Public Policy, Market Efficiency Theme of PJM’s Grid 20/20 Public policy goals and market efficiency are the topics of PJM’s upcoming Grid 20/20 conference, to be held Aug. 18 in Audubon, Pa., the RTO announced. Panelists will explore how market rules can further public policy goals without distorting market principles.

By Ted Caddell and Rich Heidorn Jr. NASHVILLE, Tenn. — Exelon’s Constellation Energy Resources unit is buying Consolidated Edison’s retail energy business as it continues its efforts to hedge against falling wholesale power prices. Constellation’s purchase of the retail division of ConEdison Solutions will give it another 560,000 residential, commercial...

Electricity Price Plunge Continues in ISO-NE ISO-NE said that prices and consumption remained low throughout New England in June. The six-state region’s average real-time, monthly wholesale power price during June was $21.24/MWh, up 8.3% from June 2015’s average price of $19.61/MWh, but lower than May’s $21.29, which held the record...

By William Opalka MARLBOROUGH, Mass. — New England states are moving ahead with their own greenhouse gas reduction programs while EPA’s Clean Power Plan remains in legal limbo. At the Northeast Energy and Commerce Association Annual Environmental Conference on Wednesday, panelists said that the nine-state Regional Greenhouse Gas Initiative remains...

Mary Beth Gentleman, a former co-chair of the energy practice at law firm Foley Hoag and current Hillary Clinton volunteer, said that the presumptive Democratic nominee for president would likely have coattails if elected, resulting in a switch to a Democratic-controlled U.S. Senate, but a takeover of the U.S. House...

By William Opalka After more than two contentious years of ordering ISO-NE and the New England Power Pool to design sloped zonal demand curves for its constrained zones, FERC last week accepted a compliance filing that does that and also modifies the systemwide demand curve. The changes will be effective...

By William Opalka NEW YORK — Whether the view is from PJM, which sits atop the Utica and Marcellus shale gas formations, or ISO-NE, at the “end of the pipeline,” the so-called “dash to gas” shows no sign of abating, speakers said Friday at the Energy Bar Association Northeast Chapter’s...

NEW YORK — Scott Weiner, the New York Public Service Commission’s deputy for markets and innovation, discussed the state’s Reforming the Energy Vision initiative. Weiner © RTO Insider “REV distinguishes itself not by its specific proposals but by its comprehensiveness. If you take a look at the specific components of...