December 23, 2021
Retail Supplier Names New CEO
Texas Retail Energy, LLC (TRE), Walmart's self-supply retail supplier, has named James Ku as CEO and Chairman of the Board of TRE
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December 22, 2021
Global Energy & Commodities Firm Seeks Option 1 Texas Retail Electric Provider Certificate
Hired Former Retail Supplier VP Earlier This Year
Market Place Energy, LLC applied for an Option 1 Texas retail electric provider certificate
December 21, 2021
President Of Texas REP Leading Separate Start-up Seeking Texas Retail Electric Provider Certificate
Start-up REP Seeks To Use Name TruGreen Power
Cojoto, LLC applied for an Option 1 Texas retail electric provider certificate
December 21, 2021
Leading Animal Health Company Selects Supplier For Renewable Energy
Vesper Energy ("Vesper"), a developer, owner and operator of utility-scale renewable energy assets, today announced it entered into a 15-year virtual power purchase agreement (VPPA) with Zoetis, which is described as a leading animal health company.
December 21, 2021
Texas REP Files To Remove Trade Name From Certificate
Windrose Power and Gas, LLC filed a REP certificate amendment at the Texas PUC to remove the trade name Super Power from its REP certificate
December 17, 2021
Texas PUC Staff File Petition To Revoke Registration Of Broker
The Staff (Commission Staff) of the Public Utility Commission of Texas (Commission) filed a petition to revoke the electricity broker registration of R.E.S. Nation, LLC (RES)
December 17, 2021
Parent Of Two Retail Energy Brokers Acquired By PE Firm
Gemspring Capital, a middle-market private equity firm, announced that an affiliate has acquired a majority interest in Mantis Innovation Group, LLC ("Mantis"), the parent of the broker-consultants which previously operated under the brands Patriot Energy and EMEX but which recently adopted the…
December 16, 2021
Octopus Energy Applies For Retail Supplier License In Northeast Market
Octopus Energy LLC has applied for a Maryland retail electric supplier license to serve all customer classes in all service areas
December 16, 2021
Retail Supplier Preparing Application For Trading On OTC Markets
Summer Energy Holdings, Inc., (the "Company"), a provider of retail electricity to commercial and residential customers in designated target markets within the states of Texas, Massachusetts, New Hampshire, and Ohio, announced that the Company is in the process of preparing its application filing…
December 16, 2021
Update #2: Texas PUC Approves Rule Which Defaults To Not Allowing Ancillary Service Pass-Throughs On Small Customer Fixed Rate Contracts
Update #1: Texas Commissioners Working On Language To Limit Prohibition On Mass Market Fixed Rate A/S Pass-Throughs To "Existing" Ancillary Services
December 16, 2021
Update #2: Texas PUC Approves Rule Which Defaults To Not Allowing Ancillary Service Pass-Throughs On Small Customer Fixed Rate Contracts
Update #1: Texas Commissioners Working On Language To Limit Prohibition On Mass Market Fixed Rate A/S Pass-Throughs To "Existing" Ancillary Services
December 14, 2021
Three Generating Units In ERCOT Returning From Mothball Status For January, Earlier Than Scheduled
On December 14, 2021, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resources:
December 14, 2021
Bridgelink Commodities Registers As Texas Power Marketer (Also Recently Registered As Broker)
Bridgelink Commodities, LLC has filed a registration with the Texas PUC as a wholesale power marketer
December 14, 2021
Parent Of Texas Retail Provider Inks $300M Partnership With Leading Pension Plan Investment Board, Will Support U.S. Expansion
Octopus Energy Group announced a new long-term strategic partnership with Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest pension funds
December 14, 2021
Global Investment Company Seeks Texas Retail Electric Provider Certificate
Hires Energy Vet As Director, Energy Trading
TerraForm Renewable Energy Services, LLC applied for an Option 2 retail electric provider certificate
December 13, 2021
Bmark Energy Files Registration As Texas Electric Broker
Bmark Energy, Inc. filed a registration with the Texas PUC as a Texas electricity broker
December 10, 2021
New Texas Retail Electricity Concierge Service, Led by Market Vet, Officially Launches
EnerGenie officially launched a new electricity concierge service in Texas that the company says, "uses intuitive technology to compare prices and usage patterns so it can recommend the best plan for each customer."
December 9, 2021
Just Energy Announces Expected Amounts To Be Received Under ERCOT Uplift Securitization, Based On ERCOT's Latest Calculation
Just Energy Group Inc. ("Just Energy" or the "Company") announced an update of the expected recovery by Just Energy from the Electric Reliability Council of Texas, Inc. ("ERCOT") of certain costs incurred during the extreme weather event in Texas in February 2021 (the "Weather Event").
December 8, 2021
ERCOT Posts Calculated Proceeds To Each Retail Provider From Uplift Securitization
ERCOT has filed with the Texas PUC its calculation of the proceeds to be allocated to each eligible retail electric provider and LSE under the uplift securitization program
December 8, 2021
Texas PUC Issues Notices Of Violations, With Sought Penalties Over $7.6 Million, To Eight Generators Concerning Weather Readiness Reports
The executive director of the Public Utility Commission of Texas has filed separate Notices of Violations (NOV) against eight power generation companies for their alleged failure to file winter weather readiness reports by the December 1, 2021 deadline
December 8, 2021
Texas Retail Provider Invokes Regulatory Change Clause To Pass-Through Costs From Increased Procurement Of Ancillary Services By ERCOT
Freepoint Energy Solutions has informed certain large commercial customers in Texas that it is invoking a "regulatory change" provision in the customers' electricity supply contracts to pass-through the costs of ERCOT's increased procurement of certain ancillary services.
December 7, 2021
In Market Notice, ERCOT Notes Impact On Power Balance Penalty Curve From Texas PUC Order Lowering High Cap
ERCOT issued a market notice concerning implementation of the Public Utility Commission of Texas’s (PUCT’s) previously reported order that directed changes in High System-Wide Offer Cap (HCAP)
December 6, 2021
Texas PUC Clarifies Opt-Out Deadline Under Uplift Securitization Program
The Texas PUC ruled that filings made by entities, such as transmission-level voltage customers, to opt-out of the ERCOT uplift securitization program comply with the filing deadline if the opt-outs were filed before or at any time on November 29, 2021
December 6, 2021
ERCOT Issues Reliability Analysis For Generating Unit Seeking To Be Mothballed
ERCOT has completed its reliability analysis for the City of Garland's unit OLINGR_OLING_1
December 3, 2021
Texas PUC Commissioners All Commit To "Load-Side Reliability Mechanism"
During a workshop yesterday, all of the Commissioners of the Texas PUC agreed to commit to studying and developing a "load-side reliability mechanism" in some form or fashion