March 2, 2021
Staff of the Public Utility Commission of Texas filed a petition with the PUC to revoke the retail electric provider (REP) Certificate of Griddy Energy LLC
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March 2, 2021
ERCOT's CEO Bill Magness in a letter to the leadership of ERCOT's Technical Advisory Committee (TAC) presented ERCOT's initial list of priority topics that ought to be addressed in the wake of the recent weather event, and creditworthiness issues are among the listed priorities.
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March 2, 2021
Provided with an opportunity to make a statement, Bulb directed ECM to a recent letter its General Manager wrote to Texas Gov. Abbott. In the letter, Vinnie Campo, General Manager, U.S., for Bulb wrote:
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March 1, 2021
"We are aware of the lawsuit filed by the Texas Attorney General against Griddy. We do not agree with the claims alleged in the complaint, and plan to vigorously defend against it. Until then the company has no further comment."
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March 1, 2021
Brazos Electric Power Cooperative, Inc. filed a voluntary Chapter 11 bankruptcy petition in the U.S. Bankruptcy Court for Southern District of Texas (Houston)
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March 1, 2021
Oncor said in a market notice that, for customers who are billed using kW demand, Oncor will disregard the customer's NCP kW demand for the period of February 15th through February 19th for Billing Purposes, as further described below
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March 1, 2021
Start-up IronHorse Power Services LLC applied for an Option 1 Texas retail electric provider certificate
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March 1, 2021
ERCOT said in a market notice that Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on March 1, 2021, will notice that the amount of funds transferred is short of the balance payable on…
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March 1, 2021
DeAnn Walker has resigned as Chairman of the Public Utility Commission of Texas, effective immediately
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March 1, 2021
The Independent Market Monitor of ERCOT filed with the Texas PUC two recommendations for addressing the recent weather event
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March 1, 2021
In a letter to the Texas PUC, Texas retail electric provider APG&E proposed a rolling 3 year forward Ancillary Services market administered by ERCOT
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March 1, 2021
Maintains Allocation Of $15 Million For Small Book Acquisitions NRG Announces Sale Of 4.8 GW Of Fossil Generating Assets
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
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February 28, 2021
Retail Supplier Defaults At PJM, Customers Returned To Default Service
Ohio Power Company (AEP Ohio) informed the Public Utilities Commission of Ohio that Entrust Energy East, Inc. had been serving 877 customers (65 residential, 757 commercial, and 55 industrial) in its service area at the time of default. These customers are being moved to the Standard Service Offer
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February 28, 2021
Retail Supplier Defaults At PJM, Customers Returned To Default Service
Ohio Power Company (AEP Ohio) informed the Public Utilities Commission of Ohio that Entrust Energy East, Inc. had been serving 877 customers (65 residential, 757 commercial, and 55 industrial) in its service area at the time of default. These customers are being moved to the Standard Service Offer
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February 26, 2021
ERCOT said in a statement that it needs time to review the lawsuit in full, and will respond accordingly
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February 26, 2021
ERCOT said in a Feb. 26 market notice that short payments related to Settlement Invoices due for payout on February 26, 2021 totaled over $2.1 billion, and it used $800 million from CRR Auction revenue funds to partially reduce the short-payment
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February 26, 2021
Reports Fiscal Third Quarter 2021 Results
Just Energy Group Inc. announced its third quarter results for fiscal year 2021 and updated its previous announcement advising that management is continuing to assess the impact of the extreme cold weather experienced in the State of Texas commencing on or about February 13, 2021 continuing through…
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February 26, 2021
Texas retail electric provider Southwest Power & Light issued an announcement stating, "Southwest Power & Light, a longstanding retail electricity provider headquartered in Texas, assures its customers of Southwest Power & Light’s commitment to serving and supporting its Texas and national customer…
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February 26, 2021
During a hearing before a Texas House committee yesterday, ERCOT CEO Bill Magness said that ERCOT is working to obtain a "credit facility" to address invoice timing and related issues facing market participants
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February 26, 2021
During a hearing before a Texas House committee, DeAnn T. Walker, Chairman of the Public Utility Commission of Texas, told lawmakers that the PUC currently has authority to prohibit retail electric providers from offering certain kinds of products, and may exercise such authority via rulemaking
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February 26, 2021
Start-up retail electric provider Rhythm has acquired a book of Texas electric customers from Entrust Energy and Power of Texas.
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February 26, 2021
On Friday, February 26, 2021, ERCOT revoked all rights of GRIDDY ENERGY LLC to conduct activity under the ERCOT Protocols due to a Payment Breach.
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February 26, 2021
Vistra Estimates Negative Impact From ERCOT Winter Weather Event Of Up To $1.3 Billion Reports Strong Retail Margin Performance In ERCOT For 4th Quarter 2020
* This is a breaking news story. Check back for a full report on Vistra earnings later. You may need to refresh your page for the latest update
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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
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February 25, 2021
PUC "Working On" Ancillary Service Price Issues Senator Presses ERCOT CEO On Need To Pause Market Participant Invoice Due Dates To Allow Legislative Action
During a hearing before a Texas Senate committee, DeAnn T. Walker, Chairman of the Public Utility Commission of Texas, said that policymakers need to look at the $9,000 per MWh price cap in the ERCOT energy market
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