March 5, 2019
5 Expects Series Of M&A Transactions To Accelerate Growth
Energy advisory firm 5 said that it has completed its first transaction to expand the firm’s breadth and depth by partnering with Simplified Power, a Houston-based energy management firm.
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March 4, 2019
Power Generation Services, Inc. (PGS) would pay $8,500 under a settlement with Staff of the Public Utility Commission of Texas for alleged violations of Electric Reliability Council of Texas (ERCOT) Protocols § 8.1.3.3.1, related to Suspension of Qualification of Non-Weather-Sensitive Emergency…
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March 1, 2019
Natural gas marketer Tenaska Marketing Ventures (TMV) announced that it will open a new regional office in Houston
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March 1, 2019
The Texas PUC granted ProSource Power LLC an electric aggregator certificate to serve residential and commercial customers. ProSource Power has been an active broker in Texas for several years
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March 1, 2019
DeAnn Walker, Chair of the Public Utility Commission of Texas, said during yesterday's open meeting that while she wishes to afford stakeholders an ample opportunity to review real-time co-optimization (RTC) of energy and ancillary services in ERCOT, she was not comfortable with a protracted process…
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March 1, 2019
During an earnings call, NRG Energy disclosed further details on its customer growth
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March 1, 2019
Targets Achieving Investment Grade Rating, Says Will Help C&I Retail Business Provides More Data On Retail Customer Counts
During an earnings call yesterday, Vistra Energy CEO Curt Morgan said that Vistra is "fully prepared" to take any necessary legal action to defend its previously reported acquisition of Crius Energy should a hostile bidder attempt to disrupt the process.
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February 28, 2019
Texas Retail Provider Receives Authority To Use Name Milestone Energy
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February 28, 2019
Will Be On The "Look Out" To Acquire Retail Customers As A Result of Texas Summer Conditions Says Retail Records Fifth Consecutive Year Of Earnings Growth NRG Announces Additional $1 Billion Share Repurchase Authorization
Announces Up To $600 Million Reserved To Achieve Investment Grade Metrics
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February 28, 2019
Vistra Provides Amounts For Expected Synergies From Crius, Also Says Will Avoid $29M Of Organic Retail Growth Investment "Solid" Residential Margins Aid Improvement In Earnings
In reporting Q4 and full year 2018 earnings this morning, Vistra Energy reported a lower residential customer count in ERCOT versus Q3 2018
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February 26, 2019
At the last ERCOT TAC meeting, stakeholders discussed ERCOT conducting a workshop so market participants can start developing a list of issues that need to be addressed for the proper integration of storage into the ERCOT system.
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February 26, 2019
GridPlus Texas Seeks Ability To Collect Customer Deposits, Advance Payments
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February 26, 2019
TCPA: "Misleading" To Suggest Customers Will Be Exposed To High Real-Time Prices
In reply comments in a Texas PUC rulemaking concerning changes to the scarcity pricing rules, Texas Competitive Power Advocates (TCPA), in addressing stated concerns about high real-time prices, said that, "Customers should not be exposed to high real-time prices if their REPs are (as they should…
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February 25, 2019
Retail Supplier Alpha Gas & Electric Receives License In New State
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February 22, 2019
The Maryland PSC scheduled for March 13, 2019 a legislative-style hearing on a non-consensus working group Proof of Regulatory Concept Program Proposal concerning energy storage which is, "intended to test innovative regulatory and business models for energy storage."
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February 22, 2019
Staff of the Texas PUC has filed a proposed list of questions for stakeholder comment concerning policy issues related to the implementation of Real-Time Co-Optimization in the ERCOT wholesale electricity market.
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February 21, 2019
Prohibit Affiliation Between REPs, Concierge Services Prohibit REPs From Denying Service To Customers Using Concierge Service
H.B. No. 2212 has been filed in the Texas legislature that would require entities such as residential retail electric concierge services to be licensed by the PUC
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February 21, 2019
Mission Is To Become Leading Renewable Energy-Focused Company In Its Markets
Today, Sperian Energy is officially transitioning to its new name and business Tomorrow Energy
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February 21, 2019
Announces Target Of £500m In Non-Core Divestments Sees North American Residential Customer Growth (But Net Loss In Texas) North American C&I Supply Business Improving, But Recovery Slower Than Expected With Continued "Squeeze[d]" Margins
Centrica today reported preliminary results for the year 2018, and in doing so announced that it is targeting divestments of non-core positions totalling £500m
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February 20, 2019
The Public Utilities Commission of Ohio granted Avangrid Renewables an electric supplier license to serve commercial, mercantile, and industrial customers in all service areas
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February 20, 2019
Ben Manna has joined the Irving, Texas-based energy advisory firm 5
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February 20, 2019
Vistra Energy Announces Increased Purchase Price For Crius Energy Hike Follows Unsolicited Third Party Acquisition Proposal For Crius That Was Higher Than Original Price
Note: This story has been updated with additional detail, see the update below
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February 19, 2019
The Texas Power Pool announced that it has received sufficient Letters of Interest to surpass its initial 100 megawatt goal, which Texas Power Pool said, "plac[es] taxpayer-supported public entities within striking distance of a 3-cent per kWh target price to procure 100% Texas-produced renewable…
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February 19, 2019
ROSE Seeks Cap On REP Fees, Standardization
Texas Ratepayers Organization to Save Energy (ROSE) released a report on fees charged by retail electric providers in the Texas market, stating that, "[s]ome of the reviewed REP fees appear to violate state law."
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February 18, 2019
Floats Removing Site For Six Months
During a Texas House State Affairs committee hearing last week, Rep. Phil King questioned the Texas PUC's executive director, John Paul Urban, on whether the Power to Choose site is still needed
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