Regulatory News That Might Affect Electricity Prices in the Future

Majority of NRC commissioners endorse AP1000 reactor design
Washington (Platts)–13Dec2011/815 pm EST/115 GMT

A third member of the Nuclear Regulatory Commission, William Magwood, voted to approve the final rule certifying the amended design of Westinghouse’s AP1000 reactor, the agency said Tuesday — meaning a majority of the five-member commission has now endorsed the design, setting the stage for final approval in the coming weeks.

The design certification rule must be approved before NRC can issue licenses to utilities, such as Georgia…

Carbon capture and sequestration: off to slow start
By Jeff Ryser               www.platts.com/newsfeature

December 8 – Mitigating the impact of carbon dioxide emissions by capturing CO2 and burying it has always been an audacious concept. In practice it is also proving to be expensive and therefore slow in adoption.

CCS, as the idea is broadly known in the power industry to describe carbon capture and sequestration or…

Want More Information About the Cal ISO Capacity Procurement Mechanism?

California ISO

Capacity Procurement Mechanism and Bidding and Mitigation of Commitment Costs Training

Summary
The California ISO has scheduled training web conferences on the Capacity Procurement Mechanism and Bidding and Mitigation of Commitment Costs stakeholder processes on March 3 and March 24, 2011.

Main Text

The California ISO has scheduled training web conferences on the Capacity Procurement Mechanism and the Bidding and Mitigation of Commitment Costs stakeholder processes on March 3 and March 24, 2011.

By the end of this training market participants will be able to describe the following:
–       The purpose of the Capacity Procurement Mechanism program
–       The reasons for the procurement of backstop capacity
–       The period of time that the ISO must retain and compensate any non-Resource Adequacy capacity that was issued an Exceptional Dispatch (as required by the FERC-approved Exceptional Dispatch provisions)
–       The changes to the Start-Up and Minimum Load Commitment Costs for generators

No registration is required.

Training Details
Session 1
Date: Thursday, March 3, 2011
Time: 9:00 a.m. to 11:00 p.m. (Pacific Time)

Session 2
Date: Thursday, March 24, 2011
Time: 1:00 p.m. to 3:00 p.m. (Pacific Time)

Teleconference Information
Dial-In Number: (800) 553-5260