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California Energy Markets / This Week

[CEM 1488 / May 18, 2018]

Marin Clean Energy Assigned Moody’s Credit Rating

Moody’s Investors Service announced May 16 it has assigned Marin Clean Energy a Baa2 rating, the first-ever credit rating for a community choice aggregator. Moody’s highlighted MCE’s established track record of operations, its consistently improving financial performance, and the economic strengths of its growing service territory. MCE said the rating will bring more renewable-energy project investors to the table, boosting its ability to score lower-priced energy contracts.

Getting Into the Complexities of Long-Term Procurement Planning

As utilities begin finalizing integrated resource plans, the experience of one publicly owned utility, shared at the 2018 California Energy Summit, underscores the complexity of the exercise and highlights some of the questions utilities and regulators are grappling with as they look toward meeting carbon-reduction goals.

CAISO Board Approves Conformance Changes, Is Briefed on Hot Summer

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The Board of Governors of the California Independent System Operator approved tariff changes that would clearly authorize balancing authorities in CAISO’s service area and the Western energy imbalance market to make imbalance conformance adjustments—a practice that allows for manually updated load forecasts during real-time market operations.

Also In California Energy Markets This Week . . .

  • CCAs Purchasing Unwanted RA From Investor-Owned Utilities
  • Southwest: APS Set for Summer, but Seeks Gas for Future
  • Potomac: FERC to Review PURPA Rules
  • Nova Scotia Joins Western Climate Initiative

       ...And Much More!


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