Calpine
Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.
John Phelan, CC BY 3.0, via Wikimedia Commons
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
ERCOT said it will pay Austin Energy a $2.86 million to settle an alternative dispute resolution stemming from the February 2021 winter storm.
The Texas PUC has asked the state’s Texas Supreme Court to overturn a recent appeals court ruling that could unwind market transactions during Winter Storm Uri.
Industry speakers at EPSA's Competitive Power Summit focused on the electric industry's transition and the hurdles it must overcome to make it happen.
Icy weather knocked more than 400,000 Texas customers offline last week, but all outages were at the local distribution level.
Nearly a dozen utilities committed to joining the “binding” iteration of the Western Resource Adequacy Program, with more expected to sign on later this month.
PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.
More than three dozen states have taken sides in a court fight over the EPA's reinstatement of California's strict tailpipe emissions standards.
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