FERC instituted proceedings to examine the reactive rate schedules of two MISO generating facilities, one of which is owned by Calpine.

The Texas PUC postponed until March a decision on whether to remove reliability unit commitments from ERCOT’s operating reserve demand curve.

The California Public Utilities Commission (CPUC) issued several decisions that will affect the state’s energy resource mix and markets.

The California PUC (CPUC) will vote on a proposal to replace reliability-must-run contracts between CAISO and Calpine.

FERC ordered hearing and settlement procedures in a dispute over reliability-must-run agreements filed by Calpine for generators in CAISO.

CAISO and PG&E are opposing the terms of a reliability-must-run (RMR) agreement for 2 California natural gas-fired plants that Calpine submitted with FERC.

The CAISO Board of Governors approved two measures intended to prevent the early retirement of unprofitable but needed generation in California.

Calpine reported Wednesday that it earned $225 million in the third quarter ($0.63/share), down 24% from $295 million ($0.83/share) a year earlier.

The Gulf Coast Power Association’s 32nd Annual Fall Conference attracted several hundred attendees to the Texas state capital.

Calpine announced it has agreed to be acquired by Energy Capital Partners and other investors for $5.6 billion in cash.