November 9, 2017
Just Energy Quarterly Results Negatively Impacted By, "Numerous Headwinds, Mostly Non-Recurring"
Just Energy reported quarterly results for the period ending September 30, 2017
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November 9, 2017
Dynegy Receives Texas Retail Provider Certificate
The Public Utility Commission of Texas granted Dynegy Energy Services (Texas), LLC an Option 1 retail electric provider certificate, to serve customers at AEP Texas Central, AEP Texas North, CenterPoint Energy Houston Electric, and Oncor Electric Delivery Company
November 9, 2017
Start-up Retail Provider Led By Veteran Energy Trader Seeks Texas REP Certificate
Windrose Power & Gas, LLC, a start-up retail supplier whose formation was first reported by EnergyChoiceMatters.com last year , has again applied for an Option 1 Texas retail electric provider certificate.
November 8, 2017
Texas REP Acquires Retail Supplier
Summer Energy Holdings, Inc., the parent of Texas retail provider Summer Energy, on November 1, 2017, entered into a Membership Interest Purchase Agreement with REP Energy, LLC, whereby Summer Energy Holdings acquired 100% of the issued and outstanding units of membership interest (the "Interests")…
November 7, 2017
ERCOT Finds Luminant's Retiring Sandow, Big Brown Units Not Needed For Transmission System Reliability
ERCOT issued a final determination that several Sandow and Big Brown generating units for which Luminant has announced retirement are not needed for transmission system reliability.
November 6, 2017
Retail Supplier Names Former TXU Exec As New EVP, CFO
Stream (formerly Stream Energy) announced the addition of David Faranetta as Executive Vice President and Chief Financial Officer.
November 6, 2017
Retail Supplier Signs LOI With Retail Supply Counterparty Active In UK, Ireland, and Canada
Spark Energy said in reporting earnings on Friday that it is under a letter of intent with a retail supplier counterparty active in the UK, Ireland, and Canada
November 3, 2017
TXU Parent Reports Retail Segment Results
Vistra Energy, the parent of TXU Energy and other retail brands, announced that its Retail Electricity segment recorded Adjusted EBITDA of $176 million and net income of $7 million for the three months period ending September 30, 2017
November 3, 2017
Spark Energy Reports Modest Decline in Earnings On Mild Weather, Hurricane Impacts
Expands Credit Facility Sets Sight On Further International Expansion
For the quarter ended September 30, 2017, Spark Energy, Inc. reported Adjusted EBITDA of $19.6 million compared to Adjusted EBITDA of $20.3 million for the quarter ended September 30, 2016.
November 2, 2017
Ambit Energy Expands Service to Large C&Is In New State
Also Launches Service In Canada
Ambit Energy announced that it has expanded its service to large commercial and industrial customers to include electricity in Pennsylvania, offering service to C&Is at PPL Electric Utilities, PECO, West Penn Power, Penelec, Met-Ed, Duquesne Light, Penn Power, and UGI.
November 2, 2017
NRG Reports Retail Financial Impacts From Hurricane Harvey, Raises Retail Guidance
NRG Says 100% Sale Of Renewables Business On Track (No Longer Expects To Retain Ownership Stake)
In reporting earnings this morning, NRG Energy reported financial impacts on its Retail unit from Hurricane Harvey
November 1, 2017
Texas Retail Provider Launches Residential Plan Allowing Customers To Self-Select Blocks Of Energy For Flat Bill Amount
Stream has launched a new electricity plan for residential customers in Texas that offers a flat monthly price for a user-selected block of usage
October 31, 2017
Update: Vistra Identifies Plants Under Consideration For Sale To Stay Under 20% Market Share In ERCOT After Dynegy Merger
Vistra, in a communication to employees, has identified several power plants under consideration for sale as a result of its proposed merger with Dynegy
October 31, 2017
Vistra: Merger With Dynegy Creates "Tremendous" Platform For Retail Growth
Retail To Be a "Focus" Of Capital Deployment, Could Include Retail Acquisitions
Discussing the merger between Vistra Energy, the parent company for TXU Energy and Luminant, and Dynegy Inc., first announced yesterday (see details here) , Vistra Energy President and Chief Executive Officer Curt Morgan said during an analyst call that retail would be a "focus" for the deployment…
October 30, 2017
ERCOT: Monticello Units Not Needed For Transmission System Reliability
On October 6, 2017, ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resources: LUMINANT GENERATION COMPANY LLC (RE) – Monticello Unit 1 (MNSES_UNIT1), Monticello Unit 2 (MNSES_UNIT2), and Monticello Unit 3 (MNSES_UNIT3)
October 30, 2017
Updated: Vistra-Dynegy Merger Will Require "Modest" Mitigation In ERCOT
During an analyst call on the announcement, in response to a question regarding any market power issues resulting from the merger, Vistra Energy President and Chief Executive Officer Curt Morgan said, "We will need to do some modest mitigation, roughly around 900 MW in ERCOT."
October 27, 2017
ERCOT Finds Generation Units Which Had Filed NSO Not Needed For Transmission System Reliability
On October 4, 2017, ERCOT received Notifications of Suspension of Operations (NSOs) for the following Generation Resources: CITY OF GARLAND (RE) - Spencer (SPNCE_4) and Spencer (SPNCE_5)
October 26, 2017
Texas Retail Provider To Pay $12,500 Under Settlement With PUCT Staff
Texpo Power LP would pay $12,500 under a settlement with the Staff of the Public Utility Commission of Texas to resolve alleged violations of ERCOT Protocols § 16.12.3, concerning market participant audits of user security administrators and digital certificates.
October 26, 2017
Texas PUC's Anderson Raises Concerns Regarding Sempra Debt, Credit Ratings, In Oncor Transaction
Texas PUC Commissioner Kenneth Anderson issued a memo in advance of today's open meeting concerning Sempra Energy's proposed acquisition of Oncor which outlines several concerns regarding Sempra's debt and credit ratings, which Anderson said should be addressed as the Commission adjudicates the…
October 26, 2017
Direct Energy Formally Launches New Smart Home Bundle Energy Plans
Direct Energy has formally launched "Connect to Control 24" retail electric and natural gas plans that include a smart home Hive Welcome Home Starter Plan
October 24, 2017
Ambit Energy Expands, Updates E-Plan For Texas Customers
Ambit Energy announced that it has expanded and updated its E-Plan, which provides bill credits for participating in paperless billing and auto-pay
October 20, 2017
Texas PUC Approves Amendment To REP Certificate To Reflect Change In Certificated Name
The Texas PUC approved the REP certificate amendment application of Wolverine Alternative Investments, LLC to reflect a change in its certificated name to STAT Energy, LLC
October 20, 2017
Retail Market Veterans Form New Company To Acquire Retail Energy Brokerage Businesses
Jason Helms and Jeremiah Collins, formerly of GSE Consulting, LP, have formed International Power Holding Co., "for the express purpose of acquiring retail energy brokerage businesses in North America."
October 19, 2017
Exclusive: Texas Retail Provider Acquiring Prepaid Customers From Competitor REP
Pogo Energy, LLC is acquiring prepaid customers from PowerHouse Energy, the prepaid brand of TriEagle Energy (a unit of Crius Energy).
October 19, 2017
Veteran Electricity Trader Forms New Power Marketer, Will Transact In ERCOT
Start-up Khipu Capital, LLC registered with the Public Utility Commission of Texas as a wholesale power marketer