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August 6, 2018
During an earnings call on Friday, Nathan Kroeker, Spark Energy's President and Chief Executive Officer, provided an update on the company's previously announced strategic review, stating, "Following our strategic review, our executive team and Board of Directors believe the best way to deliver long…
August 6, 2018
Vistra Retail Earnings Lifted By Texas Open To Retail Acquisitions, But "Picky"
Vistra Energy, the parent of TXU and Dynegy among other businesses, said that its second quarter adjusted EBITDA exceeded expectations as a result of higher realized prices, lower than forecast operations and maintenance expenses, and strong ERCOT retail performance that was offset by higher power…
August 3, 2018
Staff of the Public Utility Commission of Texas reported that 35 retail electric providers, d/b/a's, as well as utility Entergy Texas, have filed requests for the low-income customer match list that REPs may voluntarily request to fund and receive.
August 3, 2018
Oncor informed retail electric providers in a market notice that recovery of authorized expenses under Rider RS may occur earlier than the expected August 31, 2018 date
August 3, 2018
Staff of the Public Utility Commission of Texas have proposed a process for the Commission to consider real-time co-optimization of energy and ancillary services in ERCOT ("RTC") and to consider including marginal losses in security-constrained economic dispatch
August 3, 2018
During an Exelon earnings call yesterday, James McHugh, CEO of Constellation, discussed the company's approach to potential retail acquisitions in ERCOT given summer volatility
August 3, 2018
For the quarter ended June 30, 2018, Spark Energy, Inc. reported Adjusted EBITDA of $16.1 million, compared to Adjusted EBITDA of $20.0 million for the quarter ended June 30, 2017.
August 3, 2018
In a memo to Commissioners, Staff of the Public Utility Commission of Texas have recommended a series of changes to the Power to Choose website
August 2, 2018
ERCOT has submitted as a sponsor Other Binding Document Revision Request (OBDRR) 007 for revisions to the Operating Reserve Demand Curve (ORDC) methodology to include Photo-Voltaic Generation Resources (PVGRs)
August 2, 2018
Constellation NewEnergy, Inc. ("CNE") filed with the Texas PUC a request to serve as a volunteer POLR (VREP) pursuant to P.U.C. SUBST. R. 25.43 (i).
August 2, 2018
Discussing second quarter earnings this morning, Mauricio Gutierrez, NRG Energy's President and Chief Executive Officer, said that NRG's Retail business had a "phenomenal" quarter, and said that the business is "always" looking to acquire retail books.
August 1, 2018
Andrew Barth, President of the National Board of The Energy Professionals Association (TEPA), has written a letter to TEPA members seeking input on how to take a more proactive approach in creating greater transparency for consumers in the retail electric market, noting recent concerns over tiered…
August 1, 2018
First Volunteer POLR Request Since 2011-12 Term
TXU Energy Retail Company LLC (REP Certificate No. 10004) filed a request with the Texas PUC to be designated as a volunteer provider of last resort (VREP) for the 2019-2020 term
July 31, 2018
Centrica reported that its North America Business (C&I) segment returned to profitability in the first half of 2018, having made a loss in the second half of 2017
July 30, 2018
Note: The following story was first posted at 5:40 p.m. on July 30, with an alert to our email subscribers
July 30, 2018
Two Texas retail electric providers are transitioning customers to a retail provider owned by NRG Energy.
July 27, 2018
The Public Utility Commission of Texas has adopted a preliminary (scoping) order in a customer complaint that includes, as an issue to be addressed in the case, whether the customer's retail electric provider had a duty to inform the complainant of the change in a customer's TDU rate classification…
July 27, 2018
The Public Utility Commission of Texas granted Talen Energy Marketing, LLC an Option 1 retail electric provider (REP) certificate.
July 26, 2018
MP2 Energy LLC, a Shell Energy North America (US) LP wholly owned subsidiary, has been awarded a long-term retail electricity contract for renewable energy solutions with Sheppard AFB Homes, a Balfour Beatty Communities owned and managed housing community serving active duty Air Force families at…
July 26, 2018
Update, 10:45 am: The Texas PUC this morning approved the process set forth in Chair Walker's memo, including adopting the interim PFD and its findings regarding the boundaries of the current CCN and that AEP Texas is not authorized to serve some of the customers under the current boundary. The case…
July 25, 2018
CIMA Energy Solutions, LLC, a 100% subsidiary of CIMA Energy, LP, has recently been formed as CIMA Energy, LP's retail marketing affiliate to directly meet the energy needs of retail consumers in deregulated markets across North America
July 24, 2018
In light of the Texas PUC's recent approval of changes to Smart Meter Texas, AEP Texas Inc. ("AEP Texas"), CenterPoint Energy Houston Electric, LLC ("CenterPoint"), Oncor Electric Delivery Company LLC ("Oncor"), and Texas-New Mexico Power Company ("TNMP") (collectively, the "Joint TDUs") have filed…
July 23, 2018
Citigroup Energy, Inc. has sponsored and filed with ERCOT Nodal Protocol Revision Request (NPRR) 887 which would create a new Market Information System (MIS) Certified Area posting which it said would provide insight to the potential risk associated with default uplift charges to each Counter-Party…
July 23, 2018
ERCOT stated in a July 20 market notice that, "An issue was discovered in ERCOT’s Energy and Market Management Systems (EMS and MMS) with respect to the definitions of two double-circuit contingencies, DCNLHS8 and DLHSCNR8," relating to operating days July 18 and 20, 2018
July 23, 2018
Shares Certain Ownership With ERCOT Power Trader
Start-up Hudson Shore Energy Partners LLC applied for FERC market-based rate authority, and in doing so indicated that it will seek retail supplier licenses as well
