power purchase agreements (PPAs)
A U.S. district court judge sided with PG&E Corp. in declining to withdraw the utility’s jurisdictional dispute with FERC over power purchase agreements from bankruptcy court.
PG&E confirmed they hope to rescind costly power purchase agreements and reform its obsolescent business model during bankruptcy.
FERC said it shares authority with the federal court over any power purchase agreements Pacific Gas and Electric seeks to modify as part of its bankruptcy.
CAISO participants and companies that do business with Pacific Gas and Electric could end up paying a hefty price for the utility’s financial collapse.
Entergy said it will continue to operate the Palisades nuclear plant until early 2022 under the terms of its original agreement with Consumers Energy.
Connecticut has selected 25 small scale renewables projects totaling 402 MW to negotiate PPAs with the state’s two electric distribution companies.
Critics of a proposal to lower the CAISO energy market bid floor questioned its efficacy in solving the ISO’s increasing intervals of oversupply.
PJM CEO Andy Ott combated generators’ assertion that the RTO’s competitive markets owe their success to legacy assets.
Two former Ohio regulators debated FirstEnergy’s and AEP’s controversial PPAs in the opening session of the MACRUC Annual Education Conference.
Groups opposing FirstEnergy's plan to win subsidies from Ohio regulators asked FERC to again intervene in the dispute.
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