June 24, 2020
Wells Fargo today announced structured renewable energy agreements with Shell Energy North America (US), L.P. (Shell Energy), and its wholly owned subsidiary MP2 Energy LLC (MP2 Energy), to secure approximately 150,000 megawatt-hours of renewable energy annually under a renewable retail supply…
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June 16, 2020
In a memo in advance of a June 18 meeting, Arizona Corporation Commissioner Justin Olson said that, "I believe retail electric competition is an appropriate solution to the challenges ratepayers are facing with APS [Arizona Public Service]," referencing issues related to educating APS customers…
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June 12, 2020
The California Public Utilities Commission (CPUC) adopted a framework that designates a central buyer to procure local, multi-year resource adequacy in the Pacific Gas and Electric Company (PG&E) and Southern California Edison (SCE) distribution service areas.
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June 9, 2020
Broad Reach Power announced that it will build 15 utility-scale battery storage projects in areas near Houston and Odessa, Texas by the end of 2020.
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May 11, 2020
FERC has denied rehearing requests from retail electric suppliers concerning FERC's August 2019 order that revised the allocation of must-offer generation commitment costs in the California ISO, and in doing so, allocated the costs to a broader group of LSEs (which includes retail suppliers), rather…
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May 8, 2020
Remains Committed To C&I Strategy For Constellation Continues To Look For Attractive Retail Books Which May Come To Market
During an earnings call, Exelon detailed the impact from COVID-19 on gross margin and load at its Constellation business
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May 5, 2020
Deal Provides Access To Capital For Supplier's Organic Growth, Strategic M&A
Boyne Capital (Boyne) announced that it has partnered with management to acquire Pilot Power Group (Pilot or the Company), which acts as a retail electric supplier in addition to being a provider of electric utility billing & data management services, energy portfolio management, and energy…
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May 5, 2020
Kiwi Energy NY LLC petitioned the New York PSC for a declaratory ruling that Kiwi Energy’s green natural gas products are permissible energy-related value-added products under the PSC's December 2019 retail market reset order
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April 20, 2020
Brendan Boyle has joined the national energy advisory firm 5 as a Senior Analyst for the company’s New York/Tri-State brand, Luthin Associates.
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April 15, 2020
Vistra announced that it is increasing the size of its battery energy storage project located at the site of its Oakland Power Plant.
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April 9, 2020
Pilot Power Group, Inc., a retail electric supplier, reported in a regulatory filing that the Company was recently involved in a reorganization transaction that consists of the following (the "Transaction"):
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March 18, 2020
Shell Energy North America (US), L.P. and the Alliance for Retail Energy Markets filed a motion at FERC seeking an emergency order immediately instructing the California ISO to cease its plans to, as described by petitioners, "unilaterally" issue invoices and resettle the market to address a FERC…
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March 12, 2020
New Jersey Resources today announced its board of directors named Amy Cradic as Senior Vice President and Chief Operating Officer (COO) of Non-Utility Businesses, Strategy and External Affairs and Dave Johnson as Vice President of Corporate Business Development.
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February 28, 2020
Edison International recorded a goodwill impairment at broker-consultant and energy services provider Edison Energy Group of $25 million ($18 million after-tax) in the fourth quarter of 2019, the company said in reporting earnings
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February 19, 2020
Direct Energy Business announced a contract with the State of California's Department of General Services (DGS) to provide 30 billion cubic feet of natural gas to more than 180 government institutions annually.
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February 13, 2020
FERC denied a motion to stay interest charges under a compliance filing from the California ISO which would implement FERC's prior order on rehearing that revised the allocation of must-offer generation commitment costs in the California ISO, and in doing so, allocated the costs to a broader group…
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February 10, 2020
Just Energy Revises Downward 2020 Base EBITDA Guidance From Continuing Operations, Free Cash Flow Guidance, In Announcing Earnings Reports RCE Growth Since Sept. 30 Even With Focus On Profitability And, "Competitors Pricing Aggressively"
Average Realized Gross Margin Per Consumer RCE Higher
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January 22, 2020
Staff (Staff) of the Public Utility Commission of Texas said that the ERCOT protocols do not require ERCOT to re-price the published settlement prices for interval 14:50 on May 30, 2019 as is being sought in a complaint filed by Aspire Commodities, LLC ("Aspire")
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January 14, 2020
Building automation and energy services provider Albireo Energy, LLC, whose services include retail energy brokering and procurement, announced the acquisition of Advanced Automated Systems, Inc. ("AAS").
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December 20, 2019
EDF Renewables North America today announced the signing of a 20-year Power Purchase Agreement (PPA) with CleanPowerSF, San Francisco's municipal aggregation, for a 100 megawatt (MWac) tranche of the Palen Solar site known as Maverick 6 Solar Project.
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November 21, 2019
A proposed decision from a California ALJ would warn electric service providers (ESP, or retail suppliers) that those ESPs which do not file RPS cost data risk enforcement action
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November 13, 2019
A federal bankruptcy court has approved the sale of various Agera Energy LLC, Aequitas Energy, Inc. and energy.me midwest llc retail energy customer contracts to Exelon Generation Company, LLC (Constellation)
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November 8, 2019
Final Order Allows Retail Suppliers To Self-Provide (All or None), But Permits Use Of Utility Procurement Backstop Final Order Allows Some Imports To Qualify
The California PUC issued a final order concerning the obligation of LSEs, including competitive retail suppliers (electric service providers, or ESPs) to procure their assigned share of needed incremental reliability and renewable integration resources identified by the order
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October 30, 2019
Parent Does Not Anticipate Making Significant Investments In Broker, Will Provide "Limited" Support Broker's Impact On Parent To Be Immaterial For Foreseeable Future
In reporting third quarter earnings, Edison International provided an update on its broker and energy consulting business, Edison Energy
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October 29, 2019
Direct Energy Business has created a specialized group, Renewable Energy Services, to focus on renewable and sustainable energy solutions for customers, "and meet the ever-changing needs of commercial & industrial customers."
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