January 22, 2014
Updated: NRG Energy Confirms It Is "Working With" Comcast on Retail Energy Initiative
NRG Energy has confirmed to EnergyChoiceMatters.com that it is "working with" Comcast on a retail energy initiative.
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January 14, 2014
NRG's David Crane Envisions Energy Future of "Choice," "Self-Determination"; Yet Company Favors Top-Down Capacity Mandates from Gov't
Freedom of Choice. Self-Empowerment. Self-Determination.
January 14, 2014
Google to Acquire Smart Thermostat Provider Used by Several Retail Suppliers
Google Inc. announced that it has entered into an agreement to buy Nest Labs, Inc. for $3.2 billion in cash.
January 13, 2014
NRG Informs Investors of Expected Impairment Charge
NRG Energy filed an 8-K on Friday informing investors that it expects to record a material impairment loss on certain assets located primarily in the East in the fourth quarter of 2013.
January 3, 2014
Market Monitor: Behavioral Mitigation "Needed" to Address Market Power Issues from NRG Acquisition of Edison Mission
Behavioral mitigation measures are "needed" to address market power issues in the PJM regulation market which would arise from NRG Energy's acquisition of Edison Mission Energy, Monitoring Analytics, PJM's independent market monitor, said in updated comments to FERC.
January 2, 2014
Retail Supplier to Use Trade Name "Energy Rewards"
A retail supplier has applied at a PUC to use the trade name "Energy Rewards".
December 20, 2013
Michigan Gov. Cites "Challenges" to Generation Investment from Retail Choice (Arizona, Now Michigan Choice Efforts Toppled by Texas Resource Adequacy Narrative)
In outlining several long-term energy goals for the state, Michigan Governor Rick Snyder expressed concern with retail choice, noting the "challenges" presented to investment decisions from a lack of stability.
December 18, 2013
Retail Supplier Offering Two Years of Free Electricity With Solar Lease
NRG Residential Solar Solutions is offering residential customers a solar leasing package that includes two years of free electricity from its affiliated retail electricity provider, for usage not met by the solar panels.
December 17, 2013
NRG Statement: Capacity Supplier Performance Is "Excused" due to "Gas Unavailability" (Gas Unavailability Major Cause of Most Recent Texas Blackout)
One of the refrains we keep hearing in Texas from capacity market acolytes is that Texas doesn't need to worry about the non-performance issues which have plagued the Northeast capacity markets -- in which capacity is procured but does not produce energy when needed -- because everyone agrees and…
December 17, 2013
NRG to Receive Subsidized, State-Arranged Contract to Repower New York Capacity
Even as NRG Energy leads Texas down a path to a capacity market, it is about to enjoy the fruits of a state-arranged, ratepayer-backed "subsidized" contract to repower one of its New York power plants (aside: New York has a capacity market and according to capacity market supporters, should have no…
December 12, 2013
NRG Energy to Launch New Retail Natural Gas Supplier
NRG Energy is launching a new retail natural gas supplier.
December 10, 2013
Anderson Staff Analysis: CRA/NRG Study on Capacity Market "Savings" Filled with Errors, Omissions and Incorrect Assumptions
An analysis prepared for Texas Public Utility Commissioner Kenneth Anderson concludes that a study by Charles Rivers Associates commissioned by NRG Energy, which purports to show savings to gross state product from adopting a capacity market, contains numerous "errors in assumptions and calculations…
December 3, 2013
NRG Yield, Inc. To Acquire Energy Systems Company
NRG Yield, Inc., in its first third-party acquisition, has entered into an agreement to acquire the assets of privately held Energy Systems Company (ESC) of Omaha, Neb., a supplier of district energy, for $120 million in cash.
November 13, 2013
Texas REP: NRG's Actions Show Energy-Only Market Driving Investment in Capacity; REP Also Says Legislature Did Not Intend for ERCOT to Run "Capacity" Market
Actions undertaken by NRG Energy belie NRG's claims that the energy-only market does not support investment in new capacity and that the energy-only market does not provide economically viable returns, retail provider Source Power & Gas LLC said in comments to the Public Utility Commission of Texas.
November 13, 2013
NRG: Retail Not Even a "Secondary" Consideration in Edison Mission Acquisition; But Does Allow a Second Look at Municipal Aggregation Market
The retail supply business was not even a secondary consideration of NRG Energy in deciding to enter into an agreement to acquire Edison Mission Energy, NRG CEO David Crane said on an earnings call yesterday, but the acquisition would allow NRG to take a "slightly harder" look at the municipal…
November 12, 2013
Flash: NRG Reports Significant Slowdown in Retail Customer Growth; Texas Mass Market Margins "Steady"
NRG Energy saw only marginal growth in its retail customer base from June 30, 2013 to September 30, 2013, according to a presentation released in conjunction with quarterly earnings.
November 6, 2013
NRG Said to Invest in Energy Management/Technology Company, And Home Energy Services Firm
EnTouch Controls, a provider of cloud-based energy management systems for restaurant and retail chains, said that it has raised a total of $8.25 million in Series B equity and debt financing.
October 30, 2013
Name the State & Policy: Electric Service Is an "Essential Service" Needed for "Health, Safety" and the "Public Good"
Here's a quiz for our readers -- identify the state and policy position being argued from the following quote:
October 28, 2013
Pennsylvania Bill Introduced to Auction Default Service Customers to EGSs, Make Default Service Pure Backstop
A bill backed by retail electric suppliers has been introduced into the Pennsylvania Senate to auction off default service electric customers to retail electric generation suppliers (EGS), and transition default service to a pure backstop service.
October 23, 2013
Texas Capacity Owners Misstate Position of Independent Market Monitor in Pushing for Capacity Market
By Paul Ring • ring@energychoicematters.com
October 22, 2013
NRG Energy Introduces Solar Canopy Solution
NRG Energy, Inc., through its wholly owned subsidiary NRG Solar, formally launched the offering of the NRG Solar Canopy, a freestanding solar power generation structure
October 22, 2013
NRG: "Testing" Beacon 10 Gas/Solar-Powered Distributed Gen Tech in Homes, Businesses
NRG Energy, according to its website, is now testing a distributed generation technology, relying on solar, natural gas, and battery input, in homes and businesses.
October 21, 2013
NRG Energy Enters into Agreement to Acquire Edison Mission Energy
NRG Energy, Inc. has entered into a plan sponsor agreement with Edison Mission Energy (EME), certain of EME's subsidiaries, the unsecured creditors committee, certain of EME's unsecured noteholders, and other parties to acquire substantially all of the assets of EME, including its equity interests…
October 21, 2013
NRG Residential Solutions Expands to New States, NFL-Themed Offerings Expanded
NRG Residential Solutions, NRG's newly launched Northeast retail electric brand focused on offering customized and innovative plans, is now offering service in several new states.
September 27, 2013
Texas Staff Proposes Assessments on REPs to Fund Broadcasting of PUCT Meetings
Staff of the Public Utility Commission of Texas have proposed annual assessments on certain retail electric providers to fund the public online broadcasting of Commission meetings, consistent with statute.