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August 24, 2023
ENGIE announced that it has signed a binding agreement for the acquisition of 100% of Broad Reach Power, a company specialized in battery storage and based in Houston, from the EnCap Energy Transition Fund I, its co-investment partners Yorktown Partners and Mercuria Energy, and infrastructure funds…
August 23, 2023
The Texas Energy Association for Marketers and Alliance for Retail Markets (collectively, REP Coalition) opposed an application by CenterPoint Energy Houston Electric (CEHE) to implement, on an interim basis, new charges applicable to REPs under Rider Temporary Emergency Electric Energy Facilities…
August 23, 2023
The Texas PUC today announced that two virtual power plants (VPPs), both from Tesla's retail electric provider, are now qualified and able to provide dispatchable power to the Texas electric grid, which is operated by the Electric Reliability Council of Texas (ERCOT).
August 22, 2023
ERCOT filed with the Texas PUC overviews detailing the following market enhancement initiatives: establishment of the Dispatchable Reliability Reserve Service (DRRS), development of the Performance Credit Mechanism (PCM), implementation of a multi-step floor to the Operating Reserve Demand Curve…
August 22, 2023
Harper Energy filed a registration as a Texas retail electric broker
August 21, 2023
Lists, "Potential Loopholes Influencing Offer Behaviors", As One Possible Reason
Trends and learnings from summer 2023 wholesale electricity pricing in ERCOT
August 21, 2023
Texas REP Changes How Pricing Presented On Website To Include TDU Fees In Initially Presented Rate
SaveOnEnergy provided the following statement concerning the matter:
August 18, 2023
Texas PUC Staff recommended that the PUC direct the Electric Reliability Council of Texas (ERCOT) to: suspend allocating renewable portfolio standard obligations to retail entities effective August 31, 2023; establish a modified 2023 compliance period; and maintain an accreditation and banking…
August 17, 2023
NRG Acquires Texas Customer Book
AEG Financial and Texpo provided further information concerning NRG Energy's acquisition of a book of Texas retail electric customers from Texpo Power, L.P.
August 17, 2023
Texas PUC Staff have issued a proposed allocation of costs to retail electric providers electing to participate in the matching process to receive a list of their low-income customers for the next fiscal year (fiscal year beginning on September 1, 2023.)
August 17, 2023
Houston-based Able Power Management announced today the addition of retail energy veteran Jared Patterson to the company’s executive team, as Executive Vice President
August 16, 2023
JMA Industries LLC d/b/a Texas Premier Concierge, a newly launched business, registered as a Texas electricity broker
August 16, 2023
Big Wave Energy, LLC has registered as a Texas electric broker
August 15, 2023
Several Texas gentailers have proposed setting energy and ancillary service pricing under the ERCOT emergency pricing program (EPP) -- which by statute is to be triggered when there are 12 hours priced at the ERCOT high offer cap during a 24-hour period -- at $2,000 per MWh and/or the current LCAP…
August 15, 2023
Grid Power Direct LLC applied for an Option 1 Texas retail electric provider certificate
August 14, 2023
Pogo Energy filed with the Public Utility Commission of Texas to withdraw, without prejudice, its 2019 petition that had sought a declaratory order concerning the construction of Substantive Rule 25.498(a) as it relates to a proposed offering of a levelized payment option for prepaid service
August 11, 2023
Direct Energy said that it is offering two years of Amazon Prime included as part of its "On Us" electricity plans
August 11, 2023
Ambit Texas, LLC would pay $300,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of 16 TAC § 25.483(j), related to disconnection of service.
August 11, 2023
Pro Power Providers, LLC d/b/a Circular Energy filed to relinquish its Option 1 Texas retail electric provider certificate
August 11, 2023
AEG Affiliated Energy Group Reports Financial Closing Of 6 M&A Deals In Past 10 Months Notes "Increased Tensions Between REPs And Their Wholesale Supply Financing Sources" August 11, 2023 Email This Story
August 9, 2023
Rhythm Energy has signed an agreement to become the Official Energy Company of the University of Houston Athletics.
August 9, 2023
Vistra Corp. reported for its Retail segment Adjusted EBITDA of $498 million for the quarter ending June 30, 2023 (second quarter), up from $403 million a year ago, on, "strong counts and margins performance," partially offset by below normal weather experienced in all markets
August 8, 2023
Gridmatic, an AI-enabled power marketer whose operations include Gridmatic Retail (details here) , today announced the launch of its first Energy Storage Fund, a $50 million fund that Gridmatic will use to oversee the management of up to 500 MW of battery capacity in the ERCOT and CAISO markets.
August 8, 2023
In reporting earnings for the quarter ending June 30, 2023 (second quarter), NRG reported 100k organic customer growth in Q2
August 4, 2023
Lubbock Power & Light provided a status update on its pending transition to retail electric choice, which has been delayed by FERC review of the May 27, 2021 agreement between LP&L and Southwestern Public Service Company (SPS).
