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July 28, 2020
Edison International reported that it has recorded a goodwill impairment charge of $34 million ($25 million after-tax) in 2020 for its Parent and Other segment, related to Edison Energy, an energy consultant whose services include supply procurement, stemming from the economic impact of COVID-19.
July 9, 2020
UGI Corporation announced today that its subsidiary, UGI Energy Services, LLC, acquired GHI Energy, LLC (GHI), a Houston-based renewable natural gas marketer.
June 24, 2020
Wells Fargo today announced structured renewable energy agreements with Shell Energy North America (US), L.P. (Shell Energy), and its wholly owned subsidiary MP2 Energy LLC (MP2 Energy), to secure approximately 150,000 megawatt-hours of renewable energy annually under a renewable retail supply…
June 12, 2020
The California Public Utilities Commission (CPUC) adopted a framework that designates a central buyer to procure local, multi-year resource adequacy in the Pacific Gas and Electric Company (PG&E) and Southern California Edison (SCE) distribution service areas.
June 9, 2020
Broad Reach Power announced that it will build 15 utility-scale battery storage projects in areas near Houston and Odessa, Texas by the end of 2020.
May 11, 2020
FERC has denied rehearing requests from retail electric suppliers concerning FERC's August 2019 order that revised the allocation of must-offer generation commitment costs in the California ISO, and in doing so, allocated the costs to a broader group of LSEs (which includes retail suppliers), rather…
May 5, 2020
Deal Provides Access To Capital For Supplier's Organic Growth, Strategic M&A
Boyne Capital (Boyne) announced that it has partnered with management to acquire Pilot Power Group (Pilot or the Company), which acts as a retail electric supplier in addition to being a provider of electric utility billing & data management services, energy portfolio management, and energy…
April 15, 2020
Vistra announced that it is increasing the size of its battery energy storage project located at the site of its Oakland Power Plant.
April 9, 2020
Pilot Power Group, Inc., a retail electric supplier, reported in a regulatory filing that the Company was recently involved in a reorganization transaction that consists of the following (the "Transaction"):
March 18, 2020
Shell Energy North America (US), L.P. and the Alliance for Retail Energy Markets filed a motion at FERC seeking an emergency order immediately instructing the California ISO to cease its plans to, as described by petitioners, "unilaterally" issue invoices and resettle the market to address a FERC…
February 28, 2020
Edison International recorded a goodwill impairment at broker-consultant and energy services provider Edison Energy Group of $25 million ($18 million after-tax) in the fourth quarter of 2019, the company said in reporting earnings
February 19, 2020
Direct Energy Business announced a contract with the State of California's Department of General Services (DGS) to provide 30 billion cubic feet of natural gas to more than 180 government institutions annually.
February 13, 2020
FERC denied a motion to stay interest charges under a compliance filing from the California ISO which would implement FERC's prior order on rehearing that revised the allocation of must-offer generation commitment costs in the California ISO, and in doing so, allocated the costs to a broader group…
February 10, 2020
Average Realized Gross Margin Per Consumer RCE Higher
January 14, 2020
Building automation and energy services provider Albireo Energy, LLC, whose services include retail energy brokering and procurement, announced the acquisition of Advanced Automated Systems, Inc. ("AAS").
December 20, 2019
EDF Renewables North America today announced the signing of a 20-year Power Purchase Agreement (PPA) with CleanPowerSF, San Francisco's municipal aggregation, for a 100 megawatt (MWac) tranche of the Palen Solar site known as Maverick 6 Solar Project.
November 21, 2019
A proposed decision from a California ALJ would warn electric service providers (ESP, or retail suppliers) that those ESPs which do not file RPS cost data risk enforcement action
November 13, 2019
A federal bankruptcy court has approved the sale of various Agera Energy LLC, Aequitas Energy, Inc. and energy.me midwest llc retail energy customer contracts to Exelon Generation Company, LLC (Constellation)
November 8, 2019
The California PUC issued a final order concerning the obligation of LSEs, including competitive retail suppliers (electric service providers, or ESPs) to procure their assigned share of needed incremental reliability and renewable integration resources identified by the order
October 30, 2019
In reporting third quarter earnings, Edison International provided an update on its broker and energy consulting business, Edison Energy
October 29, 2019
Direct Energy Business has created a specialized group, Renewable Energy Services, to focus on renewable and sustainable energy solutions for customers, "and meet the ever-changing needs of commercial & industrial customers."
October 28, 2019
The Federal Energy Regulatory Commission (FERC) issued an order finding that, "Vitol Inc. (Vitol) and Federico Corteggiano (Corteggiano) (collectively, Respondents) violated section 222(a) of the Federal Power Act (FPA) and section 1c.2(a) of the Commission’s regulations, which prohibit energy…
October 24, 2019
A revised proposed decision from a California PUC ALJ would revise the allocation method, and amounts required, for the obligation of competitive retail suppliers (electric service providers, or ESPs) to procure their assigned share of needed incremental reliability and renewable integration…
October 17, 2019
The Maryland PSC granted United Energy Trading, LLC a natural gas supplier license to serve all eligible customer classes in all service areas.
October 10, 2019
OhmConnect, Inc. has applied for electricity market-based rate authority at FERC.
