April 6, 2023
Texas PUC Issues Final Order On Oncor Inadvertent Gain Charge, Rate Case Setting New Rates Applicable To Retail Providers
The Texas PUC has issued a final order in Oncor's base distribution rate case proceeding
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April 6, 2023
Brazilian Retail Supplier Receives Texas REP Certificate
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
Texas Senate Passes SB2012
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
April 5, 2023
Draft Texas Proposal For Adoption Would Require $1.5 Million Letter Of Credit For Mid-Size Retail Electric Providers, With No Higher Requirement For Large REPs (Applicable To Existing REPs)
Texas PUC Staff have filed a draft proposal for adoption (PFA) to modify the retail electric provider certification rules
April 4, 2023
Update: Texas Committee Language For "Capacity" Market Protections Against Gentailers Posted
The text of a revised committee substitute (committee report) for Texas SB2012 has been posted
April 3, 2023
Google Signs PPA For Texas Wind
Google has signed a 150 MW power purchase agreement (PPA) with Ørsted to purchase energy generated by Helena Wind Farm for the next 15 years.
April 3, 2023
Revised Substitute Texas Senate Bill Concerning REP Market Share Reported Favorably; Includes "Protections" Against Gentailers In Any PCM Market
The Texas Senate Committee on Business & Commerce has reported favorably a revised committee substitute for SB 2012
March 31, 2023
Texas Retail Provider Relinquishes Certificate
EnPowered USA Inc. filed at the Texas PUC to relinquish its Option 1 Texas retail electric provider certificate
March 30, 2023
AEG Shopping Three Retail Energy M&A Opportunities in Texas, PJM, and New York
AEG Affiliated Energy Group Financial announced that it is shopping three retail energy M&A opportunities to prospective buyers
March 24, 2023
ERCOT Receives Notification of Change of Generation Resource Designation
ERCOT said in a market notice that, on March 24, 2023, ERCOT received a NCGRD for the following Generation Resource: CPS Energy (CALAVERS_JTD1, CAVALERS_JTD2)
March 23, 2023
Substitute Texas Senate Bill Removes Proposed 20% Market Share Cap On REPs; Would Add "Protections" Against Gentailers In Any PCM Market
A committee substitute has been filed for Texas SB 2012, which, as originally filed, would have implemented a 20% market share cap on retail electric providers, on a corporate-wide basis
March 22, 2023
Nestlé Selects Provider For Solar, Invests In Texas Solar + Storage Facility
Enel North America said that it has partnered with Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas.
March 21, 2023
Renewable Energy Company Acquires 900 MW Of Storage Under Development In ERCOT
Spearmint Energy (Spearmint or the Company) today announced that it has acquired a 900 MW portfolio of battery energy storage solutions (BESS) assets in ERCOT, collectively known as Nomadic.
March 20, 2023
Lubbock Power and Light Posts Preliminary Proposed Distribution Rates, Structure
Lubbock Power and Light has posted proposed delivery rates under a Preliminary Distribution System Charge Rate Structure, for its transition to a distribution company which charges delivery rates to retail electric providers
March 20, 2023
International Energy Trader Registers As Texas Power Marketer
MFT Energy US 1 LLC has registered as a Texas wholesale power marketer
March 20, 2023
Data Center/Bitcoin Mining Service Provider Receives Texas Retail Provider Certificate
The Public Utility Commission of Texas granted Lancium QSE I, LLC an Option 2 Texas retail electric provider certificate
March 17, 2023
Texas Court Reverses PUC's Winter Storm Uri $9,000 Pricing Orders
With Broader Implications, Court Says PUC's Actions To Achieve §39.151 Statutory Reliability Directive Must Be Subject To Prevailing Statute Which Requires That "Competitive Rather Than Regulatory Methods" Are Preferred "To The Greatest Extent Feasible" And With "The Least Impact On Competition"
March 16, 2023
Octopus Energy Receives Licenses In New States
Octopus Energy LLC has recently received new electric supplier licenses in Illinois and Delaware
March 15, 2023
Update: Texas PUC Staff Partial Termination Of Generator's Voluntary Mitigation Plan Relates To Ancillary Services Bidding
Staff of the Texas PUC filed a petition to ratify a partial termination of the Amended Voluntary Mitigation Plan (VMP) for the NRG Energy Companies, with the partial termination relating to ancillary services bidding
March 14, 2023
Texas Retail Provider To Pay $90,000 Under Settlement With PUC Staff To Resolve Alleged Violations Related To Required Disclosures
Engie Resources, LLC (Engie) would pay $90,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of 16 Texas Administration Code (TAC) §§ 25.475(c), (e), and (g), related to required disclosures and misleading, deceptive, or unfair practices.
March 13, 2023
Texas PUC Staff Set To Terminate, In Part, Generator's Voluntary Mitigation Plan, Amend Two Others
The Texas PUC has assigned docket numbers for applications to terminate, in part, or amend the voluntary mitigation plans of three generators
March 13, 2023
Texas Generation Development Consultant Registers As Retail Electric Broker
Energy Evolution Advisors registered as a Texas retail electricity broker
March 10, 2023
Texas PUC Approves Recovery Of CenterPoint-TDU Mobile Generation Costs
The Texas PUC approved the recovery of costs for CenterPoint Energy Houston Electric's (CEHE) temporary emergency electric energy facilities (TEEEF), which CEHE originally proposed as part of its DCRF proceeding (with the costs later severed into proposed Rider TEEEF)
March 9, 2023
ERCOT Says RTM, DAM Prices Under Investigation For Potential Correction Due To MMS Error
ERCOT issued a market notice stating that real-time and day-ahead prices, dating back to approximately February 8, 2023 (specific date market-dependent as noted below), "are under investigation for potential correction due to an error identified in ERCOT's Market Management System (MMS) impacting…
March 9, 2023
Texas Senate's ERCOT Market Reforms: New Reliability A/S Required To Be Purchased By LSEs; Allocation Of A/S To LSEs, Generators
Below is a summary of bills backed by the Texas Lt. Gov. and a group of both Republican and Democrat senators to address ERCOT market reform and winter storm Uri