Exelon
Despite a few bumps, scrapes and scares throughout the year, ISO-NE delivered on time by dispatching key market initiatives.
FERC voted 2-1 to approve ISO-NE’s cost-of-service agreement with Exelon for its Mystic plant, including payments to the company’s Distrigas LNG facility.
PJM stakeholders dug in further on the RTO’s proposed revamp to its capacity market, reiterating comments made in FERC’s paper hearing on the proposal.
FERC Commissioner LaFleur and others expressed concern that “fuel war” partisans could weaponize NERC’s analysis on coal and nuclear plant retirements.
PJM’s market design and Exelon’s control of local generation allow the company to name its price for capacity commitments in the Chicago area.
Critics responded to Eversource and National Grid's request that FERC clarify its order denying an ISO-NE waiver request to keep Exelon’s Mystic running.
FERC tentatively accepted a cost-of-service agreement between Exelon and ISO-NE for Mystic 8 and 9, ordering an expedited hearing process.
Exelon announced it has signed an agreement to purchase the retail business of bankrupt FirstEnergy Solutions for $140 million in cash.
FERC denied ISO-NE’s request for a Tariff waiver to keep Exelon’s Mystic plant running, instead ordering the RTO to allow cost-of-service agreements.
Comments filed with FERC indicate most stakeholders oppose ISO-NE’s Tariff waiver request to keep Exelon's Mystic generating station running.
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