Powhatan Energy Fund, already embroiled in a battle with FERC’s Office of Enforcement, have now taken on PJM.
News briefs on the federal agencies that impact those doing business in the RTO footprints. This week we include the NRC, the Energy Department and the EPA.
Exelon’s $6.8 billion bid to acquire Pepco took two steps forward when it gained approvals from both the New Jersey BPU and the staff of the Delaware PSC.
ISO-NE chose Eversource Energy and National Grid to build a $740 million land-based transmission project to solve reliability problems in the Boston area, rejecting a more expensive undersea cable proposal by NextEra.
The New Jersey Board of Public Utilities approved the Exelon takeover of Pepco Holdings Inc. in a settlement that will give Atlantic City Electric customers $62 million in rate credits.
The 36% increase in prices in last week’s ISO-NE capacity auction likely represents the peak for the foreseeable future.
New generators from Exelon, LS Power and Competitive Power Ventures were the apparent winners in ISO-NE's capacity auction, while NRG Energy and Public Service Enterprise Group walked away empty handed.
Despite a drop in Q4 earnings, Entergy executives gave an upbeat outlook, citing stronger-than-expected growth in retail sales and forecasts of increasing industrial demand.
The ninth Forward Capacity Auction in ISO-NE saw prices increase by about one-third as 1,400 MW of new resources cleared to replace retiring coal plants.
Market Monitor David Patton told the MISO Board of Directors’ Markets Committee that the RTO should see significant benefits from its market-to-market coordination with SPP.