October 24, 2013
Nuevo Midstream Selects Broker for Energy Supply Management
Nuevo Midstream, LLC has selected Priority Power Management, LLC for energy supply management services.
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October 24, 2013
Scammers Increasingly Using Texas Retail Providers' Names in Disconnection Payment Con
By Paul Ring • ring@energychoicematters.com
October 23, 2013
Texas REP: Capacity Market Would Allow Capacity-Owning REPs to Put Me Out of Business
The Dallas Business Journal has published a great interview with John Werner, President of Source Power & Gas, in which Werner warns that granting compulsory capacity payments to capacity owners in ERCOT would allow those capacity owners who also own REPs to, "use that money to undercut me and…
October 23, 2013
Texas Capacity Owners Misstate Position of Independent Market Monitor in Pushing for Capacity Market
By Paul Ring • ring@energychoicematters.com
October 22, 2013
Briefly
ChamberChoice, OnDemand, FirstEnergy Solutions Expand Friends and Family Program
October 22, 2013
Texas Complaint Addresses Average Pricing for Time of Use Product
A formal complaint filed with the Public Utility Commission of Texas has taken on additional significance because one of the key allegations from the customer concerns the average pricing methodology quoted in the Electricity Facts Label for a Time of Use product.
October 21, 2013
GDF SUEZ Proposes Increasing ERCOT Value of Lost Load to $25,000 due to Use of Cumulative Distribution Function in Operating Reserves Demand Curve
GDF SUEZ Energy North America, Inc. has proposed increasing the Value of Lost Load (VOLL) used to create the Operating Reserve Demand Curve (ORDC) in ERCOT due to what GDF called "unintended consequences" of the use of the cumulative distribution function to design the curve.
October 21, 2013
Texas Staff Propose Changes to REP Certification Rules
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication to amend the REP certification rules to, among other things, provide an additional basis for the suspension or revocation of a REP certificate.
October 21, 2013
NRG Energy Enters into Agreement to Acquire Edison Mission Energy
NRG Energy, Inc. has entered into a plan sponsor agreement with Edison Mission Energy (EME), certain of EME's subsidiaries, the unsecured creditors committee, certain of EME's unsecured noteholders, and other parties to acquire substantially all of the assets of EME, including its equity interests…
October 18, 2013
Start-up Led by Constellation Vets, Which Shares Exec With Spark Energy, Receives License in New State
Bargain Energy, LLC, a start-up retail supplier, has received a Pennsylvania electric supplier license to serve residential customers, and all sizes of commercial customers, at PPL and PECO.
October 17, 2013
License Briefs
Texas REP Granted Maryland Retail Supplier License
October 17, 2013
Broker Names Former Hudson, Direct Energy Sales Exec as New President
EMEX, LLC announced that Daniel Marzuola has joined the executive team as President, reporting directly to Todd Segmond, Chief Executive Officer.
October 16, 2013
Texas Commissioner: Answer on Resource Adequacy Expected Very Early Next Year
Testifying before a Texas Senate hearing yesterday, Texas Public Utility Commissioner Brandy Marty said that an answer on Texas' resource adequacy questions, particularly whether a reserve margin should be mandated, should be expected by very early next year.
October 15, 2013
TXU Parent Forecasting Lower Retail Revenues, as Various Restructuring Proposals Made Public
Energy Future Holdings, parent of TXU Energy, has filed in an 8-K with the SEC summaries of various restructuring proposals raised by various groups of debt-holders and creditors.
October 15, 2013
Texas Commissioner Calls Retail Provider's Customer Service "Pitiful"
Texas Public Utility Commissioner Kenneth Anderson called StarTex Power's customer service at issue in a formal complaint case, "pitiful," in discussing the case at the October 3 open meeting.
October 14, 2013
Affiliate of Texas Retail Provider Launches Natural Gas Marketing in Northeast
North Eastern States Inc., an affiliate of Texas REP Entrust Energy, has launched natural gas service in several states.
October 14, 2013
Another Start-Up Managed By Company Led by Spark CEO to Launch Retail Energy Supplier; Tara Vets to Lead Business
Emblem Energy, LLC, a start-up retail energy supplier, applied for a Pennsylvania electric supplier license to serve all customer classes at PECO and PPL.
October 11, 2013
Briefly
ERCOT Issues Final RMR Determination for Luminant Unit
October 11, 2013
Electric Markets Research Foundation Releases Initial Report and Intends to Study Resource Adequacy -- Gets ERCOT Offer Cap Wrong
The Electric Markets Research Foundation released its initial publication, a report by Navigant Consulting, Inc. comparing the development of traditionally regulated electricity markets with more recent restructured power markets often accompanied by retail customer choice.
October 11, 2013
Source Power & Gas Expands Residential Sales Channels
Source Power and Gas LLC announced that it has expanded its residential sales channels, having launched a residential broker sales channel.
October 11, 2013
Another Texas REP To Expand to Northeast
Another Texas retail electric provider is taking steps to expand into the Northeast retail energy markets.
October 10, 2013
Texas REP Would Pay $60,000 to Resolve Staff Investigation
Entrust Energy, Inc. would pay $60,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve a Staff investigation into alleged violations of consumer protection rules.
October 10, 2013
Report: Correcting for Load Forecast Errors "Debunks" Myth ERCOT Facing Resource Adequacy Shortage
"A more accurate assessment of the [peak load] data ... has debunked the notion that Texas needs to adopt a capacity market with subsidies to generators as high as $4 billion a year," the Texas Public Policy Foundation said in a report examining persistent over-forecasting of load in the ERCOT CDR…
October 9, 2013
2011: Calpine Says "Far Too Soon" to Know Whether PJM Capacity Market A Success or Failure -- Says Capacity Market Has "Proven Track Record" One Year Later
What a difference a year (or state) makes.
October 9, 2013
Proton Energy Formally Responds to Texas Staff Petition to Revoke REP Certificate
Proton Energy, Inc. has filed a formal response to a petition from Staff of the Public Utility Commission of Texas to revoke Proton Energy's REP certificate and fine the company $2 million.