March 8, 2021
Discloses Texas Customer Count
Genie Energy today provided additional information on the financial impact to the company of Winter Storm Uri, which impacted the Texas electricity market in mid-February 2021.
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March 5, 2021
-- Increase Financial Requirements For Retail Providers -- "Restrict" Griddy-style Indexed Rates For Mass Market -- Require Munis, Co-ops To Introduce Retail Choice As Condition Of Any Socialized Financial Assistance
Vistra Corp. has shared with Texas lawmakers, "ideas that should be considered to address the impacts of the mid-February storm."
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March 5, 2021
ERCOT issued a short payment notice related to Settlement Invoices due for payout on March 5, 2021
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March 5, 2021
A bill has been introduced in the Texas House of Representatives (HB 2828) that would provide one-time cash payments from state funds to customers of retail electric providers and other LSEs
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March 5, 2021
In response to a petition from the ERCOT TDUs, the Texas PUC issued an order directing TDUs to take certain actions to mitigate demand charges and related issues that customers would otherwise incur due to cold load pickup at the time of service restoration from the winter weather event
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March 5, 2021
During today's open meeting, in response to a public comment about the recent weather event and outages, Texas PUC Chairman Arthur C. D'Andrea said that his "current view" is that, "a capacity market would not have helped us here."
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March 5, 2021
The Texas PUC today decided not to re-price ERCOT energy market prices from the recent weather event, but did not act on petitions to re-price ancillary services (AS), and will further consider the AS issues
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March 5, 2021
During today's open meeting, the Texas PUC said that it is working on the issue of extending the settlement invoice dispute timelines at ERCOT, though no formal action was taken at the meeting
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March 4, 2021
AEP Texas Inc.; CenterPoint Energy Houston Electric, LLC; Oncor Electric Delivery Company LLC; and Texas-New Mexico Power Company (collectively, the ERCOT TDUs) filed at the Texas PUC an Emergency Request for a good cause exception with regard to demand readings and billings that cover the period of…
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March 4, 2021
Bulb Protects Customers From Price Shocks and Petitions for a Better Energy System for Texans
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March 4, 2021
ERCOT issued a market notice 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 March 4, 2021, will notice that the amount of funds transferred is short of the balance…
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March 4, 2021
Oncor in a market notice provided an update on the status of estimation and billing activities related to the winter storm event.
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March 4, 2021
IMM Says, "ERCOT Exceeded The Mandate," Of The PUC By Continuing Price Adder After Load Shed Ended
Vistra Opposes Rule Change To Cap Future Ancillary Services At $9,000/MW/h; Says Any Adjustment To Prior Prices Should Examine Energy, AS Prices Holistically
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March 4, 2021
During a hearing before a Texas Senate committee, Thomas Gleeson, Executive Director of the Public Utility Commission of Texas, said that he "anticipate[s]" more drops of customers to the Providers of Last Resort (POLR) from the winter weather event and related liquidity issues
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March 4, 2021
ERCOT has publicly identified those generators that experienced an outage or a reduction in available power during the ERCOT grid emergency
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March 4, 2021
Alleges One Well Known REP (By Name) Currently Active On Power To Choose, "Is Or May Soon Be Insolvent" Disputes ERCOT's Ability To Pass-Through Unpaid Amounts From Munis, Co-ops To REPs As Uplift
Says Private Right Of Action Should Be Allowed For Wholesale Market Manipulation Claims
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March 3, 2021
Updated With Statement From GridPlus, GridPlus Has Fulfilled All Stated Obligations ERCOT Discloses Short Pays From 2/26 and 3/1, Additional Short-Paying Retail Providers Disclosed
Volt Electricity Provider provided the following statement to EnergyChoiceMatters.com:
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March 3, 2021
Drew Gormley, CEO of Texas retail provider Energy Monger, LLC, issued the letter below to brokers suggesting that brokers move customers to another REP, given that a, "POLR process looks to be imminent," due to an ERCOT breach and, as stated by Gormley, "ERCOT ... advised they would no longer work…
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March 3, 2021
On Wednesday, March 03, 2021, ERCOT revoked all rights of ENTRUST ENERGY INC (LSE) to conduct activity under the ERCOT Protocols due to a Payment Breach.
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March 3, 2021
Spark Reports "Sufficient Liquidity"
In reporting fourth quarter and full year 2020 earnings, Spark Energy said that it, "expect[s] the impact of winter storm Uri will result in a significant loss that will be reflected in our first quarter 2021 results of operations," but that the impact remains uncertain due to settlement data and…
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March 3, 2021
ERCOT's Board of Directors issued the following statement on March 3: "The ERCOT Board of Directors met this evening and directed the Corporate Secretary to exercise the 60 days’ termination notice to ERCOT President and CEO Bill Magness pursuant to the employment agreement with ERCOT. During this…
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March 3, 2021
Just Energy Group Inc. announced today that, "it has filed a petition with the Public Utility Commission (the 'Commission') requesting an order that the Electric Reliability Council of Texas ('ERCOT') deviate from the deadlines and timing in its Protocols and Market Guides related to settlements…
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March 3, 2021
ERCOT issued a market notice detailing $147,000 in short payments for Settlement Invoices due for payout on March 3, 2021
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March 3, 2021
Total Number Of Customers That Volunteer POLRs Have Agreed To Serve Disclosed
The Manager of Licensing and Compliance for the Texas PUC's Customer Protection Division issued a memo concerning requests from retail electric providers to serve as volunteer POLRs (voluntary REPs or VREPs) that were filed after a recent deadline established by the PUC
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March 3, 2021
Says REPs May Resume Billing Customers, Late Fees Suspends Late Fees From TDUs To REPs For Recent Invoices, Except Securitization Charges Botkin Says ERCOT ADR Process, Timelines Warrant Consideration
Suspends Late Fees From TDUs To REPs For Recent Invoices, Except Securitization Charges
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