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March 2, 2021
A coalition of various certificated, competitive Retail Electric Providers operating in Texas ('Coalition of Competitive Retail Electric Providers' or 'CCR') requested that the Texas PUC:
March 2, 2021
ERCOT said in a market notice that it is issuing Real-Time Market (RTM) Resettlement Statements reflecting actual IDR meter data received to date for Operating Days February 11, 2021 through February 19, 2021
March 2, 2021
Staff of the Public Utility Commission of Texas filed a petition with the PUC to revoke the retail electric provider (REP) Certificate of Griddy Energy LLC
March 2, 2021
ERCOT's CEO Bill Magness in a letter to the leadership of ERCOT's Technical Advisory Committee (TAC) presented ERCOT's initial list of priority topics that ought to be addressed in the wake of the recent weather event, and creditworthiness issues are among the listed priorities.
March 2, 2021
Provided with an opportunity to make a statement, Bulb directed ECM to a recent letter its General Manager wrote to Texas Gov. Abbott. In the letter, Vinnie Campo, General Manager, U.S., for Bulb wrote:
March 1, 2021
"We are aware of the lawsuit filed by the Texas Attorney General against Griddy. We do not agree with the claims alleged in the complaint, and plan to vigorously defend against it. Until then the company has no further comment."
March 1, 2021
Brazos Electric Power Cooperative, Inc. filed a voluntary Chapter 11 bankruptcy petition in the U.S. Bankruptcy Court for Southern District of Texas (Houston)
March 1, 2021
ERCOT said in a market notice 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 1, 2021, will notice that the amount of funds transferred is short of the balance payable on…
March 1, 2021
DeAnn Walker has resigned as Chairman of the Public Utility Commission of Texas, effective immediately
March 1, 2021
The Independent Market Monitor of ERCOT filed with the Texas PUC two recommendations for addressing the recent weather event
March 1, 2021
In a letter to the Texas PUC, Texas retail electric provider APG&E proposed a rolling 3 year forward Ancillary Services market administered by ERCOT
March 1, 2021
In reporting fourth quarter and full year 2020 earnings today, NRG Energy said that the estimated impact from the ERCOT winter weather event is expected to be within NRG’s current guidance range
February 26, 2021
ERCOT said in a statement that it needs time to review the lawsuit in full, and will respond accordingly
February 26, 2021
ERCOT said in a Feb. 26 market notice that short payments related to Settlement Invoices due for payout on February 26, 2021 totaled over $2.1 billion, and it used $800 million from CRR Auction revenue funds to partially reduce the short-payment
February 26, 2021
Reports Fiscal Third Quarter 2021 Results
Just Energy Group Inc. announced its third quarter results for fiscal year 2021 and updated its previous announcement advising that management is continuing to assess the impact of the extreme cold weather experienced in the State of Texas commencing on or about February 13, 2021 continuing through…
February 26, 2021
Texas retail electric provider Southwest Power & Light issued an announcement stating, "Southwest Power & Light, a longstanding retail electricity provider headquartered in Texas, assures its customers of Southwest Power & Light’s commitment to serving and supporting its Texas and national customer…
February 26, 2021
During a hearing before a Texas House committee yesterday, ERCOT CEO Bill Magness said that ERCOT is working to obtain a "credit facility" to address invoice timing and related issues facing market participants
February 26, 2021
During a hearing before a Texas House committee, DeAnn T. Walker, Chairman of the Public Utility Commission of Texas, told lawmakers that the PUC currently has authority to prohibit retail electric providers from offering certain kinds of products, and may exercise such authority via rulemaking
February 26, 2021
On Friday, February 26, 2021, ERCOT revoked all rights of GRIDDY ENERGY LLC to conduct activity under the ERCOT Protocols due to a Payment Breach.
February 26, 2021
* This is a breaking news story. Check back for a full report on Vistra earnings later. You may need to refresh your page for the latest update
February 25, 2021
During a hearing before a Texas Senate committee, DeAnn T. Walker, Chairman of the Public Utility Commission of Texas, said that policymakers need to look at the $9,000 per MWh price cap in the ERCOT energy market
February 25, 2021
Another REP Asks PUC To Pause ERCOT Protocol Invoice Deadlines
Freepoint Commodities LLC ('Freepoint') filed a Petition for Emergency Relief and requested that the Public Utility of Commission of Texas ('PUCT' or 'Commission') waive Section 9.6(2) of the Electric Reliability Council of Texas ('ERCOT') Nodal Protocols. Freepoint is requesting a waiver that is…
February 25, 2021
During a Texas House legislative hearing, in response to a question from a lawmaker on the issue, Vistra's president and chief executive officer Curt Morgan suggested that the state may wish to revisit the current 20% market share cap on generation ownership.
February 25, 2021
Verdigris Energy, LLC filed a letter with the Texas PUC urging the PUC to scrutinize prices for ancillary services during the recent weather event, as Verdigris noted that ancillary services prices were in excess of $20,000/MWh (Docket 51617)
February 24, 2021
ERCOT issued a market notice stating, "On February 19, 2021, Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that were owed monies from ERCOT Settlement Invoices were short-paid as a result of the failure of GRIDDY ENERGY LLC 1 (QSE) and MQE LLC (QSE) to…
