November 9, 2011
License Briefs
Independence Energy Group Seeks Conn. License
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NRG Energy
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November 4, 2011
NRG 10-Q Discloses Green Mountain Energy Customer Growth, Reliant Gross Margin Drivers
Green Mountain Energy's customer count grew by 14,000 from June 30, 2011 to September 30, 2011, parent NRG Energy disclosed in a 10-Q yesterday.
November 3, 2011
Reliant Energy Customer Growth Accelerates
Reliant Energy reported accelerated customer growth in the quarter ending September 30, 2011, parent NRG Energy reported this morning.
November 2, 2011
Green Mountain Energy Seeks Waiver of Penalty for "Inadvertent" Withholding of New York Capacity
Green Mountain Energy Company has petitioned FERC for a limited, one-time waiver of a New York ISO tariff provision requiring penalties for the withholding of capacity, after Green Mountain said that it, "inadvertently withheld a small amount of capacity from the NYISO installed capacity ('ICAP')…
October 31, 2011
TXU Expects Higher Retail Pricing due to ERCOT Conditions
Wholesale prices in ERCOT have to recognize scarcity of generation assets, "and that will eventually flow through to the retail business," Energy Future Holdings CEO John Young said during an earnings call Friday.
October 28, 2011
License Briefs
Independence Energy Group Receives Pennsylvania License
October 28, 2011
Constellation Energy Considering Building New Peakers in ERCOT
The extreme summer in ERCOT has prompted Constellation Energy to consider the construction of new peaking generation, executives said on an earnings call.
October 13, 2011
NRG Seeks Elimination of SWMAAC Requirement in Maryland Capacity RFP
NRG Energy has asked the Maryland PSC to remove the geographic limitation in the PSC's current RFP for 1,500 MW of new gas-fired capacity.
October 13, 2011
NRG Energy to Make Baltimore-DC-Northern Virginia Third Site for eVgo Network
NRG Energy intends to launch its third electric vehicle charging network and ecosystem in the Baltimore, Washington, D.C., and Northern Virginia corridor, it disclosed in rebuttal testimony at the Maryland PSC concerning Constellation Energy's proposed merger with Exelon (9271).
October 7, 2011
S&P: Small Retail Providers to be "Squashed" in ERCOT
Stop us if you've heard this before: "A seemingly inevitable shake-out in ERCOT's retail power market is slowly but surely underway as smaller players begin showing signs that operations are untenable."
October 4, 2011
NRG Energy Execs "Baffled" by Lack of REP Defaults from August Heat
NRG Energy executives are "baffled" by the lack of fallout from the extreme heat and wholesale pricing in the ERCOT market on retail electric providers, NRG CEO David Crane said during an investor call to revise guidance downward due to the difficult August.
October 3, 2011
Briefly
Young Energy Submits Notice of Intent to Offer AMS-Based Prepay Service
September 27, 2011
NRG Energy Partners with University of Delaware to Commercialize EV Storage Technology
NRG Energy, Inc. said that it is partnering with the University of Delaware to commercialize new technology that will enable electric vehicle (EV) owners to sell electric storage services from the batteries of parked EVs to help stabilize the electricity grid.
September 21, 2011
Reliant Energy Northeast Discloses Customer Count in Ohio Application
Reliant Energy Northeast LLC applied for an Ohio electric supplier license to serve all customer classes, including residential customers, in all service areas.
September 14, 2011
Independence Energy Seeks Pa. License, Expects New York Entry by October
Independence Energy Group LLC has applied for a Pennsylvania electric supplier license to serve residential and commercial customers in all service areas.
September 12, 2011
PUCT Staff Propose Assessments on REPs to Fund Internet Broadcasting
PUCT Staff have proposed assessments on various retail electric providers and generators (as well as TDUs and telecomms) to fund the cost of internet broadcasting of PUCT meetings for 2012, as required by statute.
September 2, 2011
Briefly
NUS Consulting Group Acquires Viking Energy Management
August 23, 2011
Reliant Energy Expects Illinois, Massachusetts Residential Entry by Year-End
Reliant Energy yesterday officially announced its offering of residential electricity in the Northeast, as first reported by Matters three months ago.
August 22, 2011
FERC Opens Probe of Manipulation of California Bid Cost Recovery Mechanism
FERC has opened a non-public, formal investigation regarding energy market manipulation that may have occurred in connection with certain bidding practices which artificially increased payments under the bid cost recovery mechanism in the California ISO (ER11-3856).
August 17, 2011
ERCOT Enters RMR Agreements with NRG, Garland Mothballed Units
The Electric Reliability Council of Texas has signed Reliability Must Run (RMR) Agreements with two Resource Entities to return Mothballed Generation Resources to service as soon as practicable to mitigate capacity shortages during the extreme heat and drought conditions impacting the ERCOT Region.
August 16, 2011
NRG Energy to Acquire Energy Plus Holdings, LLC
NRG Energy, Inc. announced this morning a definitive agreement to acquire Energy Plus Holdings, LLC for $190 million in cash.
August 5, 2011
Briefly
Reliant Energy Grows Customers Taking eSense Product
August 4, 2011
Reliant Energy Posts Continued Customer Growth, Affirms Northeast Mass Market Expansion
Reliant Energy reported lower adjusted EBITDA for the quarter of $176 million, down from $195 million a year ago, on lower unit margins, parent NRG Energy reported this morning.
July 28, 2011
License Briefs
Reliant Energy Northeast LLC has a license pending to become an energy services company, or ESCO, in New York, NRG Energy disclosed yesterday in a filing at FERC concerning the New York ISO capacity market. NRG also said that Green Mountain Energy Company, "has a substantial and fast-growing retail…
July 14, 2011
Briefly
First Choice Power Accepting Prepayments Via Smart Phone