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May 13, 2020
2021 Reserve Margin Forecast Above 17%
ERCOT today released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June – September), a preliminary assessment for fall and an updated Capacity, Demand and Reserves (CDR) Report.
May 12, 2020
The Texas PUC granted Mitsui & Co. Energy Marketing and Services (USA), Inc. an Option 2 Texas retail electric provider certificate, under which the company is authorized to serve customers 1 MW and larger which provide an affidavit agreeing to such service
May 12, 2020
Several Texas TDUs have filed updates to information reported to the Texas PUC concerning customer enrollment in the COVID-19 Electricity Relief Program ("Program")
May 12, 2020
ERCOT said in a market notice that it has identified a software error with the implementation of Other Binding Document Revision Request (OBDRR) 002, ORDC OBD Revisions for PUCT Project 47199, that impacted the level of the Real-Time On-Line Reserve Price Adder (RTORPA)
May 12, 2020
A report prepared for the Environmental Defense Fund concerning resource adequacy and demand-side resources in the ERCOT market says that the Texas PUC, "should maintain or strengthen requirements that all major power purchasers – REPs and Qualified Scheduling Entities – are credit-worthy…
May 11, 2020
Titan Gas, LLC (Titan Gas and Power) has filed to use the new trade name CleanSky Energy (also stylized Clean Sky Energy) in multiple states including Ohio and Pennsylvania
May 11, 2020
ERCOT is proposing changes to the qualifications and requirements, including financial and credit standards, for Qualified Scheduling Entities (QSEs) and/or Congestion Revenue Right (CRR) Account Holders (CRRAHs) -- i.e., ERCOT Counter-Parties (CPs) -- seeking to enter the ERCOT market as well as…
May 8, 2020
Staff of the Texas PUC have filed a draft final order to repeal 16 TAC §25.227 to implement HB 2263, which, as previously reported, removed provisions in PURA that authorized the Commissioner of the General Land Office to make electricity sales directly to public retail customers.
May 8, 2020
Staff of the Texas PUC have filed for approval of a new broker registration form, reflecting the requirements in the recently adopted new 16 TAC §25.112(c).
May 8, 2020
Staff of the Public Utility Commission of Texas have filed in project 50406 a draft proposal for adoption of rule amendments to 16 Tex. Admin. Code (TAC) §25.471, relating to general provisions of customer protection rules in the retail electric market
May 8, 2020
Staff of the Public Utility Commission of Texas have recommended denying a petition from Texas Legal Services Center and several other similar groups, which had sought, among other things, to apply a moratorium on utility shutoffs to residential utility services statewide during and for 30 days…
May 8, 2020
Retail Revenue, Volume Data Disclosed
NRG reported in a 10-Q its mass market customer count, which is lower than the total as of December 31, 2019
May 8, 2020
During an earnings call, Exelon detailed the impact from COVID-19 on gross margin and load at its Constellation business
May 7, 2020
NRG has reported earnings for the first quarter of 2020. In doing so, NRG has changed its business segments for reporting earnings, and no longer reports results specific to Retail operations
May 6, 2020
On May 5, 2020, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resources:
May 5, 2020
Curt Morgan, Vistra Energy's president and chief executive officer, said during an earnings call today that the Texas retail electric market would have seen, "carnage", had the Texas PUC not adopted a previously reported Electricity Relief Program that reimburses retail electric providers $0.04/kWh…
May 5, 2020
In reporting earnings today, Vistra Energy reported that it expects a negative $60 million impact to its Retail segment near-term from COVID-19, but affirmed 2020 guidance as the decline would be offset by gains in its Generation segment
May 1, 2020
Includes REP Affinity Program For City Employees
Mayor Sylvester Turner of Houston, Texas announced today that the City of Houston has committed to purchasing 100% renewable energy through a renewed partnership with NRG Energy as the City’s retail electric provider.
May 1, 2020
Broker Registration Limited To Three Years, But Update Process Tweaked
May 1, 2020
Will Not Take Action As Part Of Broker Rule At This Time, But Will Further Consider Issue
During today's open meeting, Texas PUC Commissioners expressed concerns about the ability of retail electric providers to refuse to enroll customers who are sought to be placed with a REP through a concierge shopping service or similar situation in which the broker selects a REP for the customer…
April 30, 2020
REP's Leadership Involved With Texas-Based Auto Insurer With Over 70 Locations
Forza Energy, LLC, a start-up based in Houston, applied for an Option 1 Texas retail electric provider certificate
April 29, 2020
In response to a Texas PUC directive to the TDUs, Oncor, CenterPoint Energy Houston Electric, and AEP Texas have reported certain information concerning the COVID-19 Electricity Relief Program ("Program")
April 28, 2020
In response to a Texas PUC directive to the TDUs, Texas-New Mexico Power Company has reported certain information concerning the COVID-19 Electricity Relief Program ("Program")
April 28, 2020
Aims To "Upend The Energy Status Quo" Hires Retail Market Vet
A new retail energy provider, Rhythm, has been formed and is preparing to launch operations
April 27, 2020
Summer Energy Holdings, Inc. (the 'Company') reported in an 8-K that on April 20, 2020, Summer Energy Holdings, Inc., as borrower, received $2,342,300 in loan funding from the Small Business Administration ('SBA') Paycheck Protection Program ('PPP'), established pursuant to the recently enacted…
