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.
A Massachusetts state legislator whose district includes Brayton Point has filed legislation that would revamp the state’s energy landscape.
MISO is proposing to modify its Tariff so that generation owners retiring coal plants to meet EPA's MATS can avoid capacity deficiency penalties.
FERC dismissed a challenge to the pricing rule for new generation in ISO-NE, which Exelon and Calpine had wanted tossed in advance of this week’s FCA.
