October 17, 2013
Broker Names Former Hudson, Direct Energy Sales Exec as New President
EMEX, LLC announced that Daniel Marzuola has joined the executive team as President, reporting directly to Todd Segmond, Chief Executive Officer.
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October 16, 2013
Texas Commissioner: Answer on Resource Adequacy Expected Very Early Next Year
Testifying before a Texas Senate hearing yesterday, Texas Public Utility Commissioner Brandy Marty said that an answer on Texas' resource adequacy questions, particularly whether a reserve margin should be mandated, should be expected by very early next year.
October 15, 2013
TXU Parent Forecasting Lower Retail Revenues, as Various Restructuring Proposals Made Public
Energy Future Holdings, parent of TXU Energy, has filed in an 8-K with the SEC summaries of various restructuring proposals raised by various groups of debt-holders and creditors.
October 15, 2013
Texas Commissioner Calls Retail Provider's Customer Service "Pitiful"
Texas Public Utility Commissioner Kenneth Anderson called StarTex Power's customer service at issue in a formal complaint case, "pitiful," in discussing the case at the October 3 open meeting.
October 14, 2013
Affiliate of Texas Retail Provider Launches Natural Gas Marketing in Northeast
North Eastern States Inc., an affiliate of Texas REP Entrust Energy, has launched natural gas service in several states.
October 14, 2013
Another Start-Up Managed By Company Led by Spark CEO to Launch Retail Energy Supplier; Tara Vets to Lead Business
Emblem Energy, LLC, a start-up retail energy supplier, applied for a Pennsylvania electric supplier license to serve all customer classes at PECO and PPL.
October 11, 2013
Briefly
ERCOT Issues Final RMR Determination for Luminant Unit
October 11, 2013
Electric Markets Research Foundation Releases Initial Report and Intends to Study Resource Adequacy -- Gets ERCOT Offer Cap Wrong
The Electric Markets Research Foundation released its initial publication, a report by Navigant Consulting, Inc. comparing the development of traditionally regulated electricity markets with more recent restructured power markets often accompanied by retail customer choice.
October 11, 2013
Source Power & Gas Expands Residential Sales Channels
Source Power and Gas LLC announced that it has expanded its residential sales channels, having launched a residential broker sales channel.
October 11, 2013
Another Texas REP To Expand to Northeast
Another Texas retail electric provider is taking steps to expand into the Northeast retail energy markets.
October 10, 2013
Texas REP Would Pay $60,000 to Resolve Staff Investigation
Entrust Energy, Inc. would pay $60,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve a Staff investigation into alleged violations of consumer protection rules.
October 10, 2013
Report: Correcting for Load Forecast Errors "Debunks" Myth ERCOT Facing Resource Adequacy Shortage
"A more accurate assessment of the [peak load] data ... has debunked the notion that Texas needs to adopt a capacity market with subsidies to generators as high as $4 billion a year," the Texas Public Policy Foundation said in a report examining persistent over-forecasting of load in the ERCOT CDR…
October 9, 2013
2011: Calpine Says "Far Too Soon" to Know Whether PJM Capacity Market A Success or Failure -- Says Capacity Market Has "Proven Track Record" One Year Later
What a difference a year (or state) makes.
October 9, 2013
Proton Energy Formally Responds to Texas Staff Petition to Revoke REP Certificate
Proton Energy, Inc. has filed a formal response to a petition from Staff of the Public Utility Commission of Texas to revoke Proton Energy's REP certificate and fine the company $2 million.
October 9, 2013
Texas Energy Consultant Details Innovative Generation Development Under Current Market Design (Says Potential Market Changes _Slowing_ Development)
The following is a letter from Jeff Nottingham, an energy economist with Verdigris Energy LLC and a veteran of the ERCOT market, to EnergyChoiceMatters.com concerning recent generation development in ERCOT, and innovative technologies to reduce the cost of new build, all of which are occurring under…
October 9, 2013
Koch Energy Services Subsidiary to Acquire Texas Power Plant
A Koch Energy Services, LLC subsidiary has entered into an agreement with affiliates of Energy Capital Partners, LLC to acquire a natural gas combined cycle electric power generating facility in Odessa, Texas.
October 9, 2013
Texas Market Monitor: "Not Sure" Any Capacity Market a "Good Facilitator" of Decision to Invest
"I'm not sure any capacity market is really a good facilitator of the actual decision to invest [in new capacity]," Dr. David Patton, President of Potomac Economics, ERCOT's Independent Market Monitor, said during a Texas workshop on resource adequacy yesterday.
October 9, 2013
Affiliate of Texas Retail Electric Provider to Expand to the Northeast
An affiliate of a Texas retail electric provider is preparing to launch operations in the Northeast.
October 8, 2013
Texas REP Seeks to Mandate $2 Million Shareholders' Equity, $1 Million Letter of Credit for Certification as REP
GDF SUEZ Energy Resources NA, Inc. has recommended that the Public Utility Commission of Texas require, for certification as a REP, $2 million in shareholders' equity plus a $1 million, or more, letter of credit
October 7, 2013
Tradition Energy Selected by Texas Community College Cooperative Purchasing Network
The Texas Community College Cooperative Purchasing Network has selected Tradition Energy as the winner of a new contract for Energy Consulting Services.
October 7, 2013
Texas TDUs: Retail Electric Provider Capital Requirements Should Be Raised, If There Are Additional Risks in Market
The capital requirements of Texas retail electric providers should be increased if changes to the ERCOT market, specifically higher system-wide offer caps, impose increased risks on REPs, several transmission and distribution utilities told the Public Utility Commission of Texas.
October 4, 2013
Texas Seeks Comment on Inclusion of Emergency Response Service in Available Operating Reserves (Impacts Price Adder)
The Public Utility Commission of Texas will accept comments on an issue regarding implementation of an Operating Reserves Demand Curve raised by CPS Energy.
October 4, 2013
Compete Coalition Tarnishes Brand by Wading into Texas "Reliability" Fight
The Compete Coalition has tarnished its reputation, and damaged its ability to advocate the introduction of retail choice to new markets, by wading into the Texas debate over "reliability" (meaning resource adequacy), and lending credence to the view -- oft-cited by critics of restructuring -- that…
October 4, 2013
Priorities: With 30 States Having No Electric Choice, Compete Coalition Decides to Air Ads in -- Texas?? (Compete "Reliability" Radio Ads Warn of Texas "Power Shortages")
There's some 30 states in the United States which offer customers no electric choice, and a handful more that severely limit electric choice, so it's only natural that the Compete Coalition, an organization which, "support[s] well-structured competitive electricity markets for the benefit of our…
October 3, 2013
After Two Years, Texas Switch Holds Remain About 1% of Residential ESI IDs
More than two years after the introduction of switch holds to the ERCOT market, the number of switch holds applicable to residential customers in ERCOT as part of entering into a deferred payment plan remain about 1% of residential ESI IDs in ERCOT.