MISO Asks FERC to Dismiss IPL Storage Complaint MISO asked FERC to reject Indianapolis Power and Light’s complaint over energy storage rules, calling it disruptive to stakeholder proceedings and the commission’s broad rulemaking. MISO asked the commission to dismiss IPL’s Oct. 21 complaint and let it continue its stakeholder proceedings and “Market Roadmap” process as … Continue reading MISO Asks FERC to Dismiss #IPL Storage Complaint
IPL battery installation sparks tiff with MISO Indianapolis Power & Light unveiled its $25 million energy-storage facility in July, heralding it as the “first grid-scale, battery-based energy storage system” in this part of the country. The batteries are stacked to the ceiling at the Harding Street power plant, row upon row of lithium-ion boxes, the … Continue reading #IPL battery installation sparks tiff with MISO
DTE Energy to make major investments to transform electric generation and boost reliability Detroit, Michigan-based DTE Energy Co. is poised to transform its electric utility business over the next decade and plans significant infrastructure investments to remake power generation, the company’s CEO said. When he spoke at an Edison Electric Institute financial conference this week … Continue reading #DTE_Energy to make major investments to transform electric generation and boost reliability
How IPL wants FERC to transform MISO energy storage tariffs he utility says current storage rules were intended for flywheels and would degrade batteries too quickly The first energy storage project in the Midcontinent ISO is up and running, but it is not being compensated for the services it is providing in the MISO footprint. … Continue reading How #IPL wants FERC to transform MISO energy storage tariffs
Minnesota Power asks state for 19 percent increase for residential customers The 19 percent increase is in addition to a hike proposed to cover rate cuts for industry. Minnesota Power has proposed increasing rates on average residential consumers by 19 percent, a plan coming soon after a separate, previously proposed 10 percent hike on residents … Continue reading #Minnesota_Power asks state for 19 percent increase for residential customers
MISO files 3-year auction plan for retail choice areas to meet long-term demand It may not be perfect, and there are alternatives, but MISO explained in a blog post that a “clear majority of stakeholders agree we need to take action” to address possible near-term shortages in some areas. “By creating a new forward-market mechanism, … Continue reading MISO files 3-year auction plan for retail choice areas to meet long-term demand
Indiana utility files with FERC for changes to ‘outdated’ MISO storage tariffs MISO has been reforming its market rules to spur development of energy storage. There has been some success, at least in terms of getting IPL’s Harding Street project up and running. But while the battery is operational, IPL says MISO’s tariffs and business … Continue reading #Indiana utility files with FERC for changes to ‘outdated’ MISO storage tariffs
Marathon Capital Advises PRC Wind on the Sale of its 470-megawatt Wind Development Portfolio to Tenaska Marathon Capital is pleased to announce the successful sale of PRC Wind’s 470-megawatt Wind Development Portfolio to Tenaska. Marathon Capital acted as exclusive financial advisor to PRC Wind on the sale. PRC Wind is a Minneapolis-based company with a … Continue reading Marathon Capital Advises #PRC_Wind on the Sale of its 470-megawatt Wind Development Portfolio to #Tenaska
FERC trims MISO transmission returns In its ruling, FERC followed the recommendation of its staff in January. The grid operator’s industrial customers had argued the rates were excessive, and questioned whether or not they synced up to the current economic conditions of their consumers. FERC’s analysis, however, varied from the agency’s standard treatment of ROE … Continue reading FERC trims MISO transmission returns
Illinois utility gets green light to expand smart meters to all customers An Illinois utility’s plan to accelerate and expand deployment of smart meters won approval from state regulators Thursday. The Illinois Commerce Commission voted unanimously in favor of allowing Ameren Illinois to install advanced metering systems across its entire service territory, representing 1.2 million … Continue reading #Illinois utility gets green light to expand smart meters to all customers
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