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By Rory D.  Sweeney Acknowledging stakeholders’ criticism, PJM removed capacity-deficiency and administrative penalties it had proposed for its fuel-cost policy rules and instead offered a single formula-based one. The proposal was made in the compliance filing PJM submitted to FERC on Aug. 16 (ER16-372-002). The filing was supposed to focus...

By William Opalka Entergy and Exelon filed a petition with New York regulators Monday seeking approval of Exelon’s $110 million purchase of the James A. FitzPatrick nuclear plant (16-E-0472). Fitzpatrick Nuclear Plant Source: Entergy The companies asked the Public Service Commission to approve the acquisition by Nov. 18. The PSC...

By Amanda Durish Cook A group of Upper Peninsula electric users plans to ask FERC to investigate Wisconsin Electric Power Co. for allegedly falsifying records to increase its revenues under the Presque Isle power plant system support resource agreement. “The numbers presented by MISO and WEPCo going back to 2014...

By Amanda Durish Cook INDIANAPOLIS — MISO used its first-ever Market Symposium last week to ask industry leaders how a low-carbon environment will influence the electricity market. Although the discussions produced few specific suggestions on what new rules should be proposed, there was wide agreement that the markets need to...

By Michael Brooks and William Opalka Massachusetts’ highest court Wednesday struck down regulators’ plan to allow electric distribution companies to charge ratepayers for additional natural gas pipeline capacity, concluding that the legislature intended for electricity and gas utilities to be regulated separately (SJC-12051). The Department of Public Utilities issued the...

By Rory D. Sweeney Stakeholders continue to react coolly to PJM’s proposed rules for generator fuel-cost policies, spending two and a half hours expressing their concerns at last week’s Market Implementation Committee meeting. PJM has held three meetings in the past three weeks to explain the policy to stakeholders, several...

By Suzanne Herel PJM’s wholesale energy, capacity and regulation markets were competitive for the first half of the year, but there is room for improvement, according to the second quarter State of the Market Report by Monitoring Analytics. The Independent Market Monitor made new recommendations for the energy, capacity and...

By Robert Mullin Pacific Gas and Electric filed with California regulators last week to shut down the state’s last remaining nuclear power plant by the end of 2025. The application also asks the state Public Utilities Commission to approve a joint proposal that the utility forged with environmental, labor and...

By Tom Kleckner With its electricity demand projected to grow 3 to 4% annually, the expected retirement of 10 to 15 GW of fossil plants, a commitment to add 1 GW of wind power annually and off-peak prices as high as $65/MWh, Mexico presents an appealing target to generation developers.

SPP says it is on track to go live as scheduled with the new gas-day timeline in October and enhanced combined cycle (ECC) software in March. Testing on SPP’s gas-day system began Aug. 1 and concludes Aug. 29. The first operating day will be Oct. 1, when participants must submit...