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March 22, 2021
Vistra Proposes Increasing LCAP To Greater Of $4,500/MWh Or 50x Fuel Index For Rest Of 2021
In comments at the Public Utility Commission of Texas, Texas Industrial Energy Consumers (TIEC) has proposed replacing the low system-wide offer cap (LCAP) in ERCOT with an event-specific circuit breaker mechanism
March 17, 2021
NRG Still Sees Opportunity To Get Additional Retail Customers
NRG Energy, Inc. today announced the Company is providing an interim financial impact update, "reflecting the unprecedented effect on the ERCOT system and settlement data from the winter storm."
March 1, 2021
In reporting fourth quarter and full year 2020 earnings today, NRG Energy said that the estimated impact from the ERCOT winter weather event is expected to be within NRG’s current guidance range
February 25, 2021
During a Texas House hearing, NRG Energy CEO Mauricio Gutierrez said that retail electric plans that pass-through the real-time wholesale market price, "shouldn't be allowed" in the marketplace for residential customers
February 23, 2021
NRG Energy, Inc. on Feb. 10 announced an initial $10 million commitment to provide relief for Texans impacted by the unprecedented effects of, "Winter Storm Uri."
February 22, 2021
NRG Energy Inc. announced today that it has changed the date it will report Full Year and Fourth Quarter 2020 financial results due to a scheduling conflict; NRG’s President and CEO is scheduled to appear before the Texas Legislature on February 25, 2021, and other Texas stakeholders throughout the…
February 22, 2021
Ron Cerniglia has been named Director - Strategic Alliances at NRG Energy
February 18, 2021
Denies Petition From Another Supplier For Appointment Marketing
The Illinois Commerce Commission today voted to grant petitions from Just Energy to resume in-person marketing of both electricity and natural gas at storefronts and similar retail establishments, subject to conditions
February 5, 2021
Energy industry veteran Steven Moffitt has announced the launch of Palm Energy LLC, which, in collaboration with Distributed Energy Resources (DER) engineering and emissions consultant E2Comply LLC, will bring to market its "R3Di" distributed energy resource solution to provide energy and resiliency…
January 21, 2021
Utility Washington Gas has named James Steffes as Senior Vice President, Regulatory
January 20, 2021
Several of the Vistra Energy retail energy suppliers in Illinois have filed motions with the Illinois Commerce Commission asking that the ICC grant, for both electricity and natural gas, authorization to conduct in-person marketing at storefronts and similar retail establishments under the same…
January 19, 2021
Preston Ochsner of Ochsner Interests Inc. shared with EnergyChoiceMatters.com his top 5 trends in retail energy M&A, and, in particular, tips for retail suppliers to be attractive targets for buyers.
January 11, 2021
FERC, in a 2-1 vote, approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and NRG Power Marketing LLC (collectively, the Parties) to resolve Enforcement’s investigation into whether NRG Power Marketing LLC violated the ISO New England Inc. (ISO-NE)…
January 7, 2021
The Illinois Commerce Commission has issued a written order granting the petition of various NRG Energy retail electric suppliers to resume marketing in storefronts and similar retail establishments, as first reported in our original story below from January 6
January 6, 2021
The Illinois Commerce Commission today adopted an interim order allowing several NRG Energy retail electric suppliers to resume in-person marketing at storefronts and similar retail establishments
January 5, 2021
NRG Energy Inc. has completed the previously reported acquisition of Direct Energy from Centrica plc effective today.
December 15, 2020
AG Says Commission Can't Rule On Prior Motions For In-Person Marketing Resumption, As AG Says Such Motions Were Already Disposed Of When ICC Declined To Rescind Its Emergency Prohibition Order
December 9, 2020
Proceeds To Be Used For Direct Energy Acquisition, Advancement Customer-Centric Strategy
NRG Energy Inc. announced today that it, "has completed the issuance of $900 million in senior secured first lien notes in a landmark issuance, with NRG pioneering the first Sustainability-Linked Bond (SLB) in North America, and the first issued by any energy company outside of Europe."
December 8, 2020
An Illinois Commerce Commission ALJ has issued a proposed interim order that would allow the NRG Energy retail suppliers to resume in-person marketing at storefront establishments, subject to various conditions
December 7, 2020
Everything Energy LLC, which is ultimately owned by NRG Energy, filed at the Texas PUC to relinquish its unused retail electric provider certificate (#10178)
December 7, 2020
Initiatives Include Northeast Expansion Through Partnership With Wholesale Energy Supplier
Mega Energy Holdings LLC announced the extension of a credit and supply arrangement with Pacific Summit Energy LLC (PSE), the North American marketing and trading subsidiary of Sumitomo Corporation and its largest U.S. affiliate, Sumitomo Corporation of Americas, "to enable current market growth and…
December 3, 2020
The Pennsylvania PUC issued an order providing that, "The moratorium on in-person sales and marketing activities for all jurisdictional suppliers is lifted as it pertains to activities at outdoor public events held in accordance with orders and directives issued by the Governor and the Secretary of…
December 3, 2020
The Pennsylvania PUC issued an order providing that, "The moratorium on in-person sales and marketing activities for all jurisdictional suppliers is lifted as it pertains to activities at outdoor public events held in accordance with orders and directives issued by the Governor and the Secretary of…
November 30, 2020
With FERC having recently approved the transaction (as previously reported) , NRG Energy Inc. announced that its previously reported acquisition of Direct Energy from Centrica PLC is expected to close in early January 2021, with a target date of January 5th.
November 25, 2020
FERC issued an order approving the application of NRG Energy, Inc. (NRG), Direct Energy Marketing Inc. (Direct Marketing), Direct Energy Services, LLC (Direct Services), Direct Energy Business, LLC (Direct Business), Direct Energy Business Marketing, LLC (Direct Business Marketing), and Gateway…
