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FERC denied Sunflower Electric Power's request for a rehearing of a July 2014 order that rejected its bid to recover $5 million it claims it is owed for “backstopping” a power-supply arrangement.
PJM energy market prices were down almost 40% in the first half of 2015 compared with 2014, while capacity and transmission service charges rose.
A roundup of news from the PJM Operating Committee on Aug. 11, 2015.
FERC rejected a rehearing request on its approval of Commonwealth Edison’s wholesale distribution charge on an energy storage facility.
MISO Market Monitor David Patton called for tighter rules on wayward generators, more precise real-time pricing and a fix for Financial Transmission Rights funding shortfalls.
FERC approved PJM's Capacity Performance proposal, a dramatic restructuring of the RTO's capacity market.
Increased use of renewable energy will depress energy prices, increase capacity prices and lead to early retirement of baseload plants, according to ISO-NE.
This week's company briefs include news on Duke, the Tennessee Valley Authority, Berkshire Hathaway, Tesoro and Disney.
The ISO-NE Market Monitor said the increase was largely driven by higher fuel costs in the first quarter.
ISO-NE is considering delaying full integration of demand response into its markets by a year due to uncertainty about FERC’s authority over the resource.
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