August 1, 2013
Direct Energy's Increased Scale Offsetting Lower Margins
Direct Energy yesterday announced operating profit of $255 million for the first six months of 2013.
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July 31, 2013
Report: Arizona House Speaker Urges ACC to Not Pursue Retail Electric Choice
Arizona Speaker of the House Andy Tobin issued a statement Tuesday urging the Arizona Corporation Commission to not pursue retail electric choice at this time, citing, "great concerns over the possible implementation of a restructured electric market in the state of Arizona," according to a report…
July 31, 2013
Texas REPs: Administrative Pricing Imposing Costs on Us = Bad; Administrative Costs Imposed on Load = Good
Texas retail electric providers have surprisingly (or not so surprisingly when the parties involved are considered) filed harsh comments in opposition to an Operating Reserves Demand Curve (ORDC) in ERCOT.
July 31, 2013
Former Texas PUC Chair Urges Smart Meter Opt-Out, Asks PUC to Minimize Opt-Out Costs
Barry Smitherman, current Texas Railroad Commission Chairman and former Chair of the Public Utility Commission of Texas, has urged the PUCT in a letter to the agency to allow customers to opt-out of having a communicating advanced meter.
July 31, 2013
Texas REP Source Power & Gas Launches Phase 1 of Smart Grid Strategy
Source Power & Gas LLC (SPG) has announced Phase 1 of its smart grid strategy, which consists of a series of pilot programs.
July 30, 2013
License Briefs
ConocoPhillips Receives Supplier License in New State
July 26, 2013
Texas REP Andeler Power Announces New Credit and Supply Facility, Names New EVP of Supply
Texas retail electric provider Andeler Corporation (d/b/a Andeler Power), announced that it has entered into a long term credit and supply facility with Vantage Commodities Financial Services, a joint venture between EDF Trading N.A. and VMAC LLC.
July 26, 2013
SHOCK: Calpine Exec Says Not All New Capacity Clearing PJM Capacity Market Likely to Get Built
Calpine's President and Chief Operating Officer Thad Hill essentially conceded on an earnings call yesterday that new generating resources clearing the PJM capacity market cannot be relied upon for resource adequacy, and despite receiving assurance of a three-year forward revenue stream, still…
July 25, 2013
Briefly
75% of TXU Customer Service Interactions Occurring Through Self-Service, Electronic Channels
July 25, 2013
NRG Counting Down to Launch of NRG Residential Solutions; NFL-branded Products and Smart Energy Products Coming?
NRG Energy has created a website counting down in real time the forthcoming launch of NRG Residential Solutions.
July 24, 2013
Briefly
First in EnergyChoiceMatters.com: PPL EnergyPlus Expands Residential Service to Penelec
July 24, 2013
Analysis Shows Latest Operating Reserves Demand Curve Proposals Would Enhance ERCOT Resource Adequacy
Additional options for setting parameters of an operating reserves demand curve in ERCOT would enhance resource adequacy, even at a lower minimum contingency level, an analysis conducted by The Brattle Group showed.
July 23, 2013
Champion Energy Services Announces Next Market Entry
Champion Energy Services announced that it would enter its next retail energy market in the near future.
July 22, 2013
Briefly
Broker EMEX Expands Reverse Auction Tool to Natural Gas
July 22, 2013
PUCT's Anderson Offers Final Proposals for Operating Reserves Demand Curve
Texas Public Utility Commissioner Kenneth Anderson has offered two proposed alternatives for implementing an Operating Reserves Demand Curve in ERCOT.
July 19, 2013
Spark Energy Revenues Reported in Affiliate's SEC Registration Statement
The 2012 revenues of privately held retail supplier Spark Energy have been disclosed in a registration statement filed with the SEC by affiliate Marlin Midstream Partners, LP
July 19, 2013
Texas, With Energy-Only Market, Again Only State With Retail Choice in CNBC Top 10 States for Business (Capacity Market States Fare Poorly)
Texas, with its energy-only market, is again the only state with retail electric choice rated as attractive to businesses, this time in CNBC's 2013 update to America's Top States for Business, while capacity market states are ranked as among the most undesirable states for business.
July 19, 2013
License Briefs
New Start-up REP Receives Texas Certificate
July 18, 2013
TXU Energy, Cross Country Home Services Announce Partnership to Deliver Home Warranty Services in Texas
TXU Energy announced that it has teamed up with Cross Country Home Services (CCHS) to provide a range of home warranty services for new and existing TXU Energy customers.
July 17, 2013
ERCOT Board Defers Decision on Modifying Reserve Margin Target
The ERCOT board of directors deferred until September a decision to increase the target reserve margin to 16.1% from the current 13.75%.
July 16, 2013
Briefly
New Online Shopping Portal Zonesty Launches Texas Service
July 16, 2013
License Briefs
Tiger Natural Gas Seeks to Serve Residential Customers in New State
July 16, 2013
Texas Senate Chair Warns Inflated Reserve Margin Target Skews Debate in Favor of Capacity Market
The Chair of the Texas Senate's Committee on Natural Resources has written a letter to ERCOT board members expressing "serious concern" on a recommendation from the Technical Advisory Committee to increase the ERCOT target reserve margin from 13.75% to 16.1%.
July 15, 2013
The Case for a Texas Capacity Market
Consider the following excerpts from an op-ed in favor of a Texas capacity market:
July 12, 2013
Texas Staff File to Set SBF Fee Charged to REPs at $0, Set New LIDA Discount
Consistent with recent legislation, Staff of the Public Utility Commission of Texas have filed a draft order to set the nonbypassable system benefit fund fee (charged to REPs) at 0¢/MWh for the period beginning September 1, 2013 and ending September 1, 2016.