When it comes to fast start resource pricing in wholesale power markets, there is not a need for a one-size-fits-all approach for rules across all independent system operators and regional transmission organizations, the American Public Power Association and the National Rural Electric Cooperative Association said in recent comments submitted to the Federal Energy Regulatory Commission.
Investor-owned Tampa Electric Co. is evaluating whether to contribute its power generation to a pilot project with three public power utilities in Florida that currently operate as the Florida Municipal Power Pool, or FMPP, in an effort to reduce electricity costs for customers.
In a turnaround from their stance a month ago, utility regulators in Washington on March 23 approved a newly revised merger plan filed by Washington-based Pepco Holdings Inc. and Chicago-based Exelon Corp.
As the Federal Energy Regulatory Commission considers possible barriers to participation by electric storage resources in wholesale power markets, the commission should keep in mind several guiding principles including the need to protect against double-recovery of storage costs and cross-subsidies, the American Public Power Association recently said.
The Los Angeles Department of Water and Power is taking active steps to participate in the western power grid's Energy Imbalance Market, subject to approval by its board, the city council and the Mayor of Los Angeles, LADWP recently said.
The Federal Energy Regulatory Commission on Sept. 22 issued a notice of inquiry into revising how it assesses market power in electric utility industry mergers and other transactions under section 203 of the Federal Power Act and applications for market-based rate authority under section 205 of the FPA.