Illinois Commerce Commission Orders Electric and Gas Rate Reductions

By: WVIK NEWS |

Residents of Illinois should soon start paying less for their electricity and natural gas. The Illinois Commerce Commission, which regulates public utilities, has ordered 22 companies to reduce their rates or show why they shouldn’t have to.

Illinois Attorney General Lisa Madigan says the reason is simple, the amount they charge […]

2018-02-07T14:05:25-05:00January 30th, 2018|Illinois Market|

Judge Says Illinois Should Approve ComEd’s Bronzeville Microgrid

By: Alex Ruppenthal |

ComEd should be allowed to proceed with plans to build a first-of-its-kind microgrid in Chicago’s Bronzeville neighborhood, a state legal authority said this week.

In a proposed order filed Wednesday, Illinois Commerce Commission Administrative Law Judge Jessica L. Cardoni recommended that ICC’s board sign off on the […]

2018-01-29T08:18:23-05:00January 27th, 2018|Illinois Market|

Energy Future Holdings Pending Acquisition Finalized

By: Tim Young |

Oncor Electric Delivery Company and Sempra Energy announced that the Energy Freedom Coalition of America, Nucor Steel and Golden Spread Electric Cooperative have joined the group of settling parties related to Sempra Energy’s pending acquisition of Energy Future Holdings (EFH), including EFH’s indirect, approximate 80% ownership of Oncor.

With today’s […]

2018-01-29T08:16:29-05:00January 27th, 2018|Texas Market|

ERCOT real-time prices spike near $6,000/MWh, non-spin reserves deployed

By: Jeff Zhou |

Real-time prices in the Electric Reliability Council of Texas spiked to $5,800/MWh for 15 minutes Tuesday morning, while the grid operator deployed non-spin reserves around the same time.

Furthermore, real-time prices crossed the current energy offer cap of $9,000/MWh during two 5-minute intervals.

“For the first time in ERCOT’s history, market […]

2018-01-25T07:49:53-05:00January 24th, 2018|Texas Market|