January 9, 2014
Briefly
Report: Demand Response Interest By Middle-Market Companies Tepid; Participation Much Lower
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January 9, 2014
Former Retail Supplier CEO Joins Frontier Utilities as New Executive, Frontier Confirms Expansion to Natural Gas, Northeast Markets in 2014
Frontier Utilities, LLC announced that Chris Weaver has joined its executive team as Chief Financial Officer.
January 9, 2014
Leading Network-Marketing Retail Supplier Could Soon Enter Texas Market, 2014 Launch Confirmed
North American Power will enter the Texas electric market at some time during 2014, and the entry could be imminent.
January 8, 2014
Retail Supplier: "Market Conditions" in New England Have "Limit[ed]" Ability to Serve Customers with Stable Rate (But Capacity Markets Supposed to be Less "Volatile")
Market conditions in ISO New England limited a retail supplier's, "ability to meet our goal to provide you with a stable competitive electricity price," Easy Energy of Massachusetts said in a notice on its website concerning its withdrawal from the retail electric market.
January 7, 2014
Capacity-Market Dependent PJM Issues "Third World" Plea for Electric Conservation
It's well-established that the ERCOT energy-only market, since the introduction of retail choice, has never been forced to shed firm load due to a lack of installed capacity compared to the reserve margin (with the two rotating outage events occurring at times ERCOT has had installed capacity in…
January 7, 2014
Retail Energy CEO, Ex-Wal-Mart Exec: "Lot of Room" to Make Energy Choice Shopping Easier for Customers
There's a "lot of room" for the retail energy industry to make it easier to understand the process for choosing a retail energy supplier, new Choose Energy CEO Kerry Cooper said during a recent interview with EnergyChoiceMatters.com.
January 6, 2014
ERCOT: Energy Emergency Alert in Progress, Rotating Outages Not Expected
With cold temperatures and high electric use this morning, the Electric Reliability Council of Texas (ERCOT) has announced an Energy Emergency Alert and has implemented the first two stages of its steps to protect the grid.
January 6, 2014
Texas Oil & Gas Producers Criticize Skeletal Nature of Capacity Market Proposals; Point to Prolonged Nodal Implementation As Indicative of Pitfalls
The Texas Oil and Gas Association, "has seen increasing evidence that centralized forward capacity markets do not work as intended and never can," the group said in January 3 comments to the Public Utility Commission of Texas.
January 3, 2014
Texas Retail Provider Under New Ownership
GIM Retail Energy, LLC applied for an amendment to its Texas retail electric provider certificate to reflect that on December 19, 2013, EIF Channelview, LLC acquired 100% of the upstream membership interests of GIM Retail Energy, LLC.
January 3, 2014
Texas REP Offering $60 Monthly Credit to Customers with High Usage
TruSmart Energy has launched a retail electric product in Texas that provides a significant bill credit for usage in excess of 950 kWh per month.
January 2, 2014
Retail Provider Names New President, COO
TriEagle Energy has named Rob Cantrell to the position of President and Chief Operating Officer, effective January 1, 2014.
December 30, 2013
New England, With Capacity Market, Seeing More Retail Energy Suppliers Default than "Volatile" Texas Energy-Only Market
Another mythical benefit of centralized capacity markets has been discredited by recent events in ISO New England, which has now seen three retail energy suppliers default at the ISO in the past 11 months.
December 26, 2013
Report: Texas Deregulated Retail Prices Now Below National Average; Progress Risked by New Capacity Mandate
A report from the Texas Coalition for Affordable Power said that average electric prices in parts of Texas open to deregulation have dipped below the national average for the first time in a decade, but notes that this progress may be short-lived if new capacity mandates are imposed on customers.
December 24, 2013
Enertrade Electric Seeks Texas REP Certificate
Enertrade Electric, LLC has applied for an Option 1 Texas REP certificate.
December 23, 2013
Sharyland to File Smart Meter Deployment Plan, Stipulation Reached on Charges to Texas REPs in New Choice Areas
An unopposed stipulation would establish unbundled delivery rates for Sharyland Utilities' Stanton, Colorado City, Brady, and Celeste divisions as the service areas institute customer choice, and would include a requirement for Sharyland to file an advanced metering deployment plan.
December 23, 2013
Investor Evaluating "Strategic Alternatives" for Multiple Start-up Retail Suppliers
The original sole member of three start-up retail energy suppliers is currently evaluating "strategic alternatives" for the suppliers.
December 20, 2013
Texas Commissioner Concerned Proposed Change to POLR Rule Does Not Sufficiently Protect Market
Texas Public Utility Commissioner Kenneth Anderson yesterday expressed concern that a draft proposal for adoption that would allow a retail electric provider to assign its responsibility to serve as a Large Service Provider (LSP, aka non-volunteer POLR) to an affiliate does not sufficiently protect…
December 20, 2013
Michigan Gov. Cites "Challenges" to Generation Investment from Retail Choice (Arizona, Now Michigan Choice Efforts Toppled by Texas Resource Adequacy Narrative)
In outlining several long-term energy goals for the state, Michigan Governor Rick Snyder expressed concern with retail choice, noting the "challenges" presented to investment decisions from a lack of stability.
December 20, 2013
Details Emerge on Glacial Energy Acquisition
Details concerning the acquisition of various Glacial Energy retail suppliers by a company backed by private equity have emerged in a FERC application for approval of the transaction.
December 19, 2013
Noble Americas Retail Provider Warns Capacity Market in Texas Will Lead to Customer Dissatisfaction with REPs, Competition
"The inability to manage the cost associated with a capacity obligation combined with the lack of demonstrative goods realized by customers in regions with such obligations should lead the Commission away from any type of capacity construct," Noble Americas Energy Solutions LLC said in comments to…
December 19, 2013
R. Scott Gahn Named to Board of Retail Supplier
Just Energy Group Inc. announced the appointment of R. Scott Gahn to the Board of Directors of the company.
December 18, 2013
Parent of Texas Retail Electric Provider to Sell its Texas Gas-Fired Generation
Centrica plc announced that its North American subsidiary, Direct Energy, has agreed to sell its Texas gas-fired power stations to Blackstone for $685 million in cash.
December 17, 2013
H-E-B, Shell Oppose Texas Capacity Market
A persuasive case for the adoption of an ERCOT forward capacity mechanism has not yet been made, H-E-B cautioned Texas policymakers, warning against, "changing the current market structure in ways that could have significant and likely irreversible, long-term consequences."
December 17, 2013
NRG Statement: Capacity Supplier Performance Is "Excused" due to "Gas Unavailability" (Gas Unavailability Major Cause of Most Recent Texas Blackout)
One of the refrains we keep hearing in Texas from capacity market acolytes is that Texas doesn't need to worry about the non-performance issues which have plagued the Northeast capacity markets -- in which capacity is procured but does not produce energy when needed -- because everyone agrees and…
December 17, 2013
Latest Six-Year Fixed Product from FirstEnergy Solutions Reinforces How Capacity Market Skews Playing Field in Retail Market
As the latest round of comments concerning capacity markets roll into the Public Utility Commission of Texas, it's serendipitous that FirstEnergy Solutions (FES) announced on the same day the expansion of its ultra-long-term fixed priced offer to the PECO service area, because it's an example of the…