December 2014

AES Selling Share in Indianapolis Power to Free Up Cash for Environmental Upgrades
AES will sell up to 30% of Indianapolis Power & Light to raise capital for environmental upgrades on its coal-fired generation fleet.
PSEG Nuclear Calls on PJM Board to Block ‘Risky’ Artificial Island Fix
PSEG Nuclear last week called on PJM to prevent planners from using what the company said is unproven technology in the stability fix for Artificial Island.
FERC Begins ‘Next Step’ on Order 1000: Interregional Filings
FERC is starting the process of arbitrating interregional Order 1000 compliance filings, beginning last week with PJM and MISO.
PJM Seeking RTO Consensus on Offer Cap Increase
PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap.
New York PSC Orders Study, Conference on Transmission Congestion
The New York PSC ordered a study and technical conference to identify fixes for persistent transmission congestion along the Mohawk and Hudson Valley corridors.
AEP Seeks State Backing for Aging Ohio Coal Plant
AEP went before PUCO in a rare oral argument to support its request for a power purchase agreement for the Kyger Creek power plant.
FERC OKs Tightened ISO-NE Screening on Capacity Imports
FERC last week accepted a plan by ISO-NE to increase its scrutiny of energy importers to mitigate market power in its capacity auctions.
Coal-to-Gas Conversions, New Capacity Zone Ease NYISO Reliability Concerns
NYISO said that its new capacity zone has convinced generation owners to reopen several shuttered power plants, delaying potential reliability concerns.
EPA Coal Ash Rule Pleases Utilities; Enviros Upset
The EPA last week issued the first-ever federal regulations on the handling and storage of coal ash, pleasing utilities and disappointing environmentalists by declining to classify the material as hazardous waste.
FERC Remains Split Over ROE Rate for RITELine Transmission Project
FERC upheld its 2011 rate order for the RITELine transmission project over the opposition of Commissioner Philip Moeller, who opposed the panel’s decision to reduce an incentive adder for risks.

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