New England’s proposed capacity market reform would force generators to ‘Be There or Else.’
Having lost Entergy to MISO, the Southwest Power Pool seeks its pound of flesh.
Mississippi draws a line in the sand.
Regulators weigh interest rate climate and future Fed policy in setting allowed return on equity.
How NIPSCO feels leaned on.
Northern Indiana Public Service, the MISO member sandwiched between PJM’s Ohio territory and its noncontiguous Chicago outpost, feels particularly aggrieved by the failure of the MISO-PJM Joint Operating Agreement, approved by FERC in 2004, to facilitate cross-border grid projects to relieve constraints along the ragged and interlaced seam that separates the two regions.
Interregional grid planning under FERC Order 1000.
New England turns to fuel oil for the coming winter.
PURPA and the future of avoided cost rates.
State complaints over FERC-granted equity returns could dry up funding for transmission expansion.
Perhaps sensing the weight of evidence allayed against them, transmission owners have thrown caution to the wind by openly and admittedly submitting an ROE analysis that doesn’t comport with FERC precedent.
PJM and the crisis over FTR underfunding.
PJM’s latest crisis—the underfunding of financial transmission rights that we’ve seen over the last few years—pushes regulators right to the edge. How far do they trust wholesale power markets? Do they accept the idea, proven by a famous economist, that freely traded financial instruments can work just as well—better even—than firm, physical contract rights?
In PJM’s case, we are told, the problem occurs when too much negative congestion shows up in real-time balancing. But if congestion is bad, shouldn’t negative congestion be good?