January 4, 2012
Siemens Expands to Energy Procurement with Pace Global Acquisition
Siemens Industry, Inc. announced today that it has completed the acquisition of Pace Global Energy Services, LLC in Fairfax, Va.
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December 13, 2011
Briefly
Energy Plus Holdings Formally Announces Ohio Entry
November 21, 2011
WGES Again Sees Marginal Net Decline in Customers
For the fourth fiscal quarter of 2011, WGL Holdings' retail energy-marketing segment reported operating earnings of $11.7 million, up from $5.9 million for the same quarter of the prior fiscal year.
November 17, 2011
Briefly
IntelliGen Resources to Pay $20,000 for RRS Shortfall
November 15, 2011
Load Overpays PJM Generators due to Software Error, Overpayments Extend Beyond Re-billing Limit
PJM has been over-paying Balancing Operating Reserve Lost Opportunity Cost credits to generators for an extended period of time which extends beyond the two-year limit for adjusting billing statements, it reported to FERC.
October 13, 2011
NRG Energy to Make Baltimore-DC-Northern Virginia Third Site for eVgo Network
NRG Energy intends to launch its third electric vehicle charging network and ecosystem in the Baltimore, Washington, D.C., and Northern Virginia corridor, it disclosed in rebuttal testimony at the Maryland PSC concerning Constellation Energy's proposed merger with Exelon (9271).
September 22, 2011
PJM Capacity Market "Doesn't Work," Duke's Trent Tells Ohioans
"The short term capacity market doesn't work," Keith Trent, Group Executive and President of Commercial Businesses for Duke Energy, observed during the Ohio Governor's 21st Century Energy & Economic Summit yesterday.
September 2, 2011
NextEra Subsidiary to Sell Four Generating Assets
A NextEra Energy Resources, LLC, subsidiary has entered into an agreement to sell its ownership interest in a portfolio of natural gas-fired generating assets to an affiliate of LS Power for $1.05 billion, subject to working capital and other adjustments.
August 31, 2011
Briefly
PUCO Defers Consideration of Columbia SCO Transition
August 19, 2011
Briefly
Printing Industries of Michigan Selects Constellation as Endorsed Supplier
August 4, 2011
WGES Reports Higher Earnings, Customer Count Down Marginally Versus March 31
WGL Holdings' retail energy marketing segment reported higher operating earnings of $7.8 million for the quarter ending June 30, 2011, versus $6.0 million a year ago.
July 13, 2011
Briefly
Reliant Energy to Supply Redskins, NRG Installing Solar
May 16, 2011
Rest of RTO Capacity Prices in PJM See Five-Fold Spike Under BRA
PJM's Base Residual Auction for the 2014-2015 Delivery Year produced a clearing price, for all resources except Limited Demand Response, of $125.99/MW-day for the Rest of RTO region, a spike of nearly $100 versus the 2013-2014 clearing price of $27.73/MW-day.
May 5, 2011
WGL Holdings Retail Marketing Earnings Rise on Higher Margins, Customer Growth
WGL Holdings' retail energy marketing segment reported higher operating earnings of $7.9 million for the quarter ended March 31, 2011, up from $3.5 million a year ago, on higher electric and natural gas margins.
May 2, 2011
NextEra Wholesale Supply Business Hurt by Customer Migration
NextEra Energy Resources reported adjusted earnings of $189 million for the first quarter of 2011, compared with $196 million in the first quarter of 2010.
April 28, 2011
Maryland PSC Notes Direct Energy Acquisition of Gateway After Staff Agrees Firms Are Not Public Service Companies
The Maryland PSC noted the acquisition of Gateway Energy Services Corporation by Direct Energy, after Staff modified its recommendation and agreed that the suppliers are not public service companies, and that the transaction should not be evaluated under the public interest standard of Public…
April 7, 2011
Briefly
The PUCT has revoked the REP certificates of the following companies, for various failures to meet the requirements of Subst. R. 25.107 (see linked story for specifics): - Telecom Consulting & Services, LLC (9/17) - Lehman Power Services, LLC (9/17) - Good Guys Power, LP - Rio Grande Power, LLC…
April 4, 2011
Briefly
Hudson Energy officially began marketing in Canada under the Hudson brand on April 4 in Ontario. Hudson Energy, a unit of Just Energy, currently supplies over 7,500 GWh of power across its electricity markets and close to 160 million therms (or 16 million GJ) of natural gas.
March 21, 2011
Direct Energy Services to Acquire Gateway Energy Services
Direct Energy Services, LLC has agreed to acquire Gateway Energy Services Corporation for $90 million in cash (including $13 million of tax assets) plus additional working capital, parent Centrica said this morning.
March 1, 2011
Briefly
Nordic Energy Services Receives License to Serve Illinois Residential Customers
Nordic Energy Services said that it has received an amended Illinois electric supplier license to serve residential and other small volume customers. Nordic's application for an amendment was first reported in Matters (12/28) . Pricing for Nordic's new residential products was not immediately…
February 3, 2011
WGES Reports Continued Customer Growth
Non-GAAP operating earnings at WGL Holdings' retail energy marketing segment were $6.7 million for the first quarter of fiscal 2011, versus $7.5 million a year ago
December 29, 2010
Briefly
IGS Energy Offering Service at Columbia Gas of Virginia Interstate Gas Supply, as Columbia Retail Energy, has begun offering service to customers at Columbia Gas of Virginia. IGS Energy's Virginia application was first reported in Matters ( 8/20 , 9/23 ). Through a direct mail offer, IGS Energy is…
December 1, 2010
License Briefs
Md. PSC Fines Affinity Energy Management, Grants Broker License The Maryland PSC declined to adjust Staff's recommended penalty and fined Affinity Energy Management, LLC $22,500 for operating as a broker in the state without the requisite license. The PSC also granted Affinity Energy Management an…
November 16, 2010
WGL Holdings Invests in Residential Solar Installer
WGL Holdings, Inc. has executed a $50 million solar system investment agreement with California-based residential solar system installer, American Solar Direct Inc. (ASDI). Along with the agreement, WGL Holdings has also made a $5 million equity investment in ASDI's parent company, American Solar…
October 29, 2010
Briefly
Starion Energy Seeks Maryland Electric License