March 30, 2021
The Public Utility Commission of Texas announced that, "As part of the agency’s ongoing modernization efforts, the Public Utility Commission of Texas today named Davida Dwyer deputy director of the agency’s Legal Division and head of the agency’s enforcement efforts."
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March 30, 2021
An organization known as Power for Tomorrow (PFT) recently launched, and is a group opposed to electricity deregulation and in favor of a, "traditionally structured utility market."
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March 30, 2021
(Earlier): Texas House Passes Bill To Ban Wholesale Indexed Products In Retail Electric Market Weatherization Bill Amended To Include Commercial Demand Response Program, To Be Run By TDUs
HB 16, the ban on residential wholesale indexed products, has been passed by the House on third reading without further amendment. The bill as passed is described below.
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March 30, 2021
Price For Prior Book Sales To Rhythm, NRG Disclosed
Entrust Energy (and affiliates, collectively known as the Debtors) has filed with a bankruptcy court a declaration in support of its bankruptcy which provides certain information regarding Entrust activities leading up to, and after, the ERCOT winter event
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March 30, 2021
ERCOT announced that, "On March 30, 2021, ERCOT entered into a payment plan with Bulb US LLC (Bulb), a short-paying Invoice Recipient, to enable ERCOT to collect all outstanding amounts from Bulb totaling $8,622.013.00 (final payment due on April 14, 2021), and pay short-paid Market Participants."
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March 30, 2021
(Earlier): Texas House Passes Bill To Ban Wholesale Indexed Products In Retail Electric Market Weatherization Bill Amended To Include Commercial Demand Response Program, To Be Run By TDUs
HB 16, the ban on residential wholesale indexed products, has been passed by the House on third reading without further amendment. The bill as passed is described below.
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March 30, 2021
Entrust Energy, Inc., along with certain affiliates including Entrust Energy East, Inc. and Power of Texas Holdings, Inc., have filed voluntary petitions for bankruptcy under Chapter 11 in the Southern District of Texas
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March 29, 2021
Details On Wholesale Index Product Ban, Other New REP Obligations Bill Requires Intermittent Generation To Purchase "Replacement Power" & A/S (Earlier): Texas Senate Passes Bill Prohibiting Wholesale Index Plans
Text for the engrossed version of Texas bill SB 3 has been posted
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March 29, 2021
Details On Wholesale Index Product Ban, Other New REP Obligations Bill Requires Intermittent Generation To Purchase "Replacement Power" & A/S (Earlier): Texas Senate Passes Bill Prohibiting Wholesale Index Plans
Text for the engrossed version of Texas bill SB 3 has been posted
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March 29, 2021
Williamson County, Texas, has notified Cavallo Energy Texas LLC, its electric provider, of a good faith dispute involving what it alleged were inflated invoice charges for Transmission and Distribution Losses and UFE Fees during February 2021 weather event, and has asked for reissued invoices
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March 29, 2021
The majority of Texans do not support any fees for procuring reserve electricity capacity, according to a poll conducted by Hobby School of Public Affairs at the University of Houston in the aftermath of the recent winter storm
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March 26, 2021
A Coalition of Competitive Retail Electric Providers (CCR) filed comments in support of a motion, filed by Exelon Generation, for rehearing of the Texas PUC's decisions February 15 and 16, 2021 which had the effect of setting ERCOT energy market prices at $9,000 per MWh during the winter weather…
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March 26, 2021
The Texas Senate has approved an amended version of SB 2154, which would change the composition of the Texas PUC
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March 26, 2021
Term 'Small Commercial Customer' Not Defined; Bill Prohibits Wholesale Index Plans To Such Customers Language Released On Bill's Proposal For Changes To ERCOT Energy, A/S Price Caps Imposes Various New Requirements On Retail Providers
Committee substitute language for Texas bill SB 3, which as reported yesterday was reported out favorably, has been released
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March 25, 2021
Texas retail electric provider GridPlus filed a letter with the Texas PUC stating, "This letter notifies Commission Staff of GridPlus's intent to enter into a payment plan covering GridPlus's outstanding obligations to ERCOT, and requests that Staff forebear from any initiatives to revoke GridPlus's…
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March 25, 2021
In releasing new Seasonal Assessments of Resource Adequacy (SARA), ERCOT announced today that, "Based on information provided by generation owners to the Electric Reliability Council of Texas (ERCOT), the grid operator anticipates there will be sufficient generation to meet the summer 2021 peak…
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March 25, 2021
The Texas PUC granted an Option 1 retail electric provider certificate to start-up True Commodities, LLC d/b/a True Power and True Prepaid
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March 25, 2021
The Texas Senate Committee on Jurisprudence today reported favorably to the full Senate a committee substitute for SB 3, a broad-ranging energy bill that would have, as originally filed, banned all variable retail electric rates
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March 24, 2021
Lone Star Transmission, LLC, a unit of NextEra Energy, has disclosed the creation of a new competitive affiliate in Texas: Residential Energy Solutions, LLC
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March 24, 2021
Energy Monger, LLC, Texas REP certificate number 10276, filed at the Texas PUC to relinquish its REP certificate
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March 24, 2021
The text of a committee substitute for Texas HB 16, which as previously reported was reported favorably by the Texas House State Affairs committee, has now been published
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March 24, 2021
Nucor Corporation announced today that it has signed a 10-year Virtual Power Purchase Agreement (VPPA) with Ørsted Onshore North America, LLC for 100 megawatts from Ørsted's Western Trail wind farm (WTW) in North Texas.
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March 23, 2021
A federal bankruptcy judge has told a trustee leading Brilliant Energy's Chapter 7 bankruptcy that "speed is key" in a sales process meant to preserve any value in Brilliant Energy's assets
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March 23, 2021
The Texas Senate Jurisprudence Committee has reported favorably without amendments SB 2154, which would change the composition of the Texas PUC
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March 23, 2021
Also Offering To Pay Up To $150 In Termination Fees For New Customers Leaving Other REPs
TXU Energy announced the launch of TXU Energy EV Pass, which is described as, "the company's first plan designed specifically for electric vehicle owners," and which, "gives customers 50% off all energy charges every weeknight and all weekend long – providing automatic bill credits at times when…
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