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July 12, 2013
Centrica plc’s North American subsidiary, Direct Energy, has agreed to acquire the privately-owned Texas-based electricity retailer Bounce Energy (“Bounce”) for $46 million (£30 million) in cash plus additional working capital.
July 12, 2013
Centralized capacity markets -- specifically those with a downward sloping demand curve -- are reintroducing into the electric industry one of the main catalysts of deregulation -- the gold-plating of the electric system.
July 11, 2013
American Power Partners Seeks License in New State
July 10, 2013
Two Texas ALJs would deny the proposed transfer of Entergy Texas, Inc. to a subsidiary of ITC Holdings Corp. because, among other reasons, the transfer would, "circumvent[] some of the purposes behind the transfer to competition"
July 9, 2013
NextEra Energy Services to Offer Electricity Services to 400 Illinois School Districts
July 9, 2013
Galt Power Receives Texas REP Certificate
July 8, 2013
Pioneer Power, LLC, a start-up, has applied for a Texas REP certificate.
July 8, 2013
The Texas PowerToChoose.com site has been updated with anticipated changes, including an indicator of the REP's complaint score in the list of REP offers.
July 8, 2013
An overview of how customers wanting a smart meter opt-out presents a new market for REPs
July 5, 2013
ERCOT has formally submitted for approval Nodal Protocol Revision Request 555 , Load Resource Participation in Security-Constrained Economic Dispatch.
July 5, 2013
The Public Utility Commission of Texas directed Staff to proceed with an evaluation of credit requirements for retail electric providers, and other issues, prompted by the increase in the ERCOT price cap, eventually to $9,000/MWh in 2015.
July 5, 2013
ERCOT issued a market notice on July 3 stating that Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on July 3, 2013, will notice that the amount of funds transferred is short of the…
July 5, 2013
During the July 3 open meeting, Donna Nelson, Chairman of the Public Utility Commission of Texas, and Commissioner Kenneth Anderson agreed to a framework allowing customers to opt-out of having a provisioned advanced meter, including agreement on the entity responsible for billing the charges in…
July 3, 2013
The use of incendiary language in a recent op-ed by NRG Energy in favor of a capacity market in Texas begs the question, that if we can't trust the market to assure resource adequacy, what else should we not "bet" on?
July 1, 2013
Interstate Gas Supply Receives Electric License in New State
July 1, 2013
ISO New England, which requires load to pay capacity to meet a mandated reserve margin, has filed at FERC "out-of-market solutions" to meet looming reliability risks due to non-performance of resources receiving capacity payments.
June 28, 2013
TXU officially rebranded its time-based rates as "Right Time Pricing" yesterday
June 28, 2013
Green Mountain Energy Company and EnTouch Controls now offer small businesses in Texas an off-the-shelf solution for monitoring and conserving energy use.
June 28, 2013
No substantive opposition to the B+ Operating Reserves Demand Curve was voiced yesterday during a Texas workshop on the subject, other than from supporters of alternative market designs who fear it might preclude the need for their preferred outcomes.
June 28, 2013
The continued lack of scarcity pricing in ERCOT, despite a host of pricing reforms and grid conditions which support scarcity, prompted Kenneth Anderson, Public Utility Commissioner of Texas, to muse whether generators were intentionally underbidding.
June 27, 2013
Online Shopping Portal CurrentChoice.com Expands to Texas
June 27, 2013
Interstate Gas Supply Receives Electric License in New State
June 27, 2013
Staff of the Public Utility Commission of Texas have sought guidance on moving forward with several projects to address retail market impacts from the higher system wide offer cap (SWOC), including potentially increasing the capital required of retail electric providers for certification.
June 26, 2013
Bounce Energy announced that nearly 25% of its Texas customer base are enrolled in its critical peak rebate program, known as Peak Rewards.
June 26, 2013
An analysis filed by The Brattle Group indicates that an energy-only market with the version B+ proposal for an Operating Reserve Demand Curve can result in an equilibrium reserve margin in excess of the current minimum target.
