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May 9, 2023
LS Power announced it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 megawatts of natural gas generation in the ERCOT North region of Texas through a special purpose affiliate.
May 9, 2023
Vistra today reported first quarter 2023 financial results
May 8, 2023
ERCOT has received three (3) Notification of Suspension of Operations for the following Generation Resources, owned by Lubbock Power and Light: BRANDON_UNIT1, MASSENGL_G6, MASSENGL_G7, MASSENGL_G8, TY_COOKE_GT2, TY_COOKE_GT3
May 5, 2023
The City of Austin d/b/a Austin Energy (Austin Energy) would disgorge about $23,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of 16 Texas Administration Code (TAC) §§ 25.503(e)(3), (f)(2) and (f)(6); and ERCOT Nodal Protocols § 6.4.6(1)…
May 5, 2023
Lubbock Power & Light and ERCOT filed a joint update with the Texas PUC stating that LP&L and ERCOT anticipate that a recent FERC order, "will result in a delay of both the integration of the remaining [LP&L] load [into ERCOT] and LP&L's transition to retail competition."
May 4, 2023
In reporting first quarter of 2023 earnings, NRG reported that its Home Retail Energy business saw a ~7% increase in margins and stable customer count, year-over-year
May 4, 2023
NRG Acquires Texas Customer Book
AEG Affiliated Energy Group Financial said that it was the exclusive investment banking team on the transaction, having advised Southwest Power and Light and YEP Energy.
May 3, 2023
ERCOT posted its May 2023 Report on the Capacity, Demand and Reserves in the ERCOT Region and its Summer 2023-2024 Seasonal Assessment of Resource Adequacy (SARA) Report
May 2, 2023
Daimler Truck North America, LLC (DTNA), NextEra Energy Resources, LLC and BlackRock Alternatives, through a fund managed by its Climate Infrastructure business (BlackRock), announced a joint venture, called Greenlane, to design, develop, install and operate a, "U.S. nationwide, high-performance…
April 28, 2023
The Texas PUC has established the new delivery charges applicable to retail electric providers at Oncor effective May 1, 2023, as the PUC has now accepted rates contained in an Oncor compliance filing, subject to refund or surcharge, after an earlier interim order had directed changes before…
April 27, 2023
The Texas PUC granted Rushmore Energy, LLC an Option 1 Texas retail electric provider certificate
April 27, 2023
The Texas PUC approved a settlement between American PowerNet Management, LP (APM) and PUC Staff under which APM will pay $14,000 for alleged violations of 16 Texas Administrative Code (TAC) § 25.43(h)(1), related to retail electric provider eligibility to serve as a provider of last resort, and…
April 26, 2023
Gexa Energy, LP would pay $46,150 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of PURA § 39.101(h) and 16 TAC § 25.483(j), related to disconnection of service
April 25, 2023
Tesla Energy Ventures, LLC, the Texas retail electric provider, formally reported that it recently hired Jesse Aragon de Galvez as Retail Electricity Program Manager (Senior Technical Program Manager)
April 25, 2023
Would Allow ERCOT To Suspend QSE If QSE Poses "Unreasonable Financial Risk"
ERCOT has submitted a new Nodal Protocol Revision Request -- NPRR 1175, Revisions to Market Entry Financial Qualifications and Continued Participation Requirements -- which would, as stated by ERCOT in the NPRR, "strengthen[] ERCOT’s market entry qualification and continued participation…
April 20, 2023
Octopus Energy launched a new residential electricity program (Fan Club) in Texas which Octopus called, "a unique electricity rate that provides savings when local wind turbines are spinning."
April 20, 2023
Staff of the Texas PUC have issued a memo with recommendations concerning establishment of reliability standard for the ERCOT market
April 19, 2023
Utility Rescue Holdings, Inc., and Gainline Capital Partners today announced that Gainline has purchased a majority interest in Flagship Power, a Texas retail electricity provider
April 17, 2023
IronHorse Power Services has acquired the Texas retail electric customer book of Eligo Energy TX, LLC.
April 11, 2023
Imperium Predictive Analytics Corp., a broker focused on "predictive procurement" through AI and automation, registered as a Texas electricity broker
April 6, 2023
The Texas PUC revoked the REP certificate of V247 Power Corporation, adopting a settlement concerning the revocations
April 6, 2023
The Public Utility Commission of Texas adopted revisions to the the retail electric provider certification rules, with the PUC's final order adopting, without substantive modification, a proposal for adoption that was described in our April 5 story reproduced below:
April 6, 2023
The Texas PUC has issued a final order in Oncor's base distribution rate case proceeding
April 6, 2023
Omega US Holding II, LLC, part of Omega Energia which describes itself as Brazil's largest renewable energy company, has been granted an Option 2 Texas retail electric provider certificate by the Texas PUC
April 5, 2023
The Texas Senate passed an amended version of SB 2012, which includes guardrails on any PCM implementation, including certain protections against gentailers, and which no longer includes a REP market share cap
