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.
The Michigan PSC wants FERC to force MISO to turn over a study used to identify areas that require the operation of system support resources (SSR) in the state’s Upper Peninsula.
ISO-NE opened FCA 9 amid expectations of high prices as the region deals with plant retirements and tight natural gas supplies.
A summary of measures and issues discussed by the MISO Planning Advisory Committee on Jan. 28, 2015.
FERC said it has more questions for NYISO before considering proposed revisions to its rules for retired and mothballed generators.
A summary of measures and issues discussed by the MISO Reliability Subcommittee on Jan. 27, 2015.
