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June 28, 2011
ERCOT yesterday entered Energy Emergency Alert Level 1 for about an hour and a half, which prompted Oncor (independently of the ERCOT process) to initiate its first unscheduled curtailment order under the voluntary Commercial Load Management program.
June 23, 2011
Texas, "must not in a reactionary mode rush to impose up-front administrative fixes to potential future threats, and thereby do exactly that [about] which we are fighting the EPA: and that is increasing the cost of doing business ... through [higher] electric charges," Luke Bellsnyder, executive…
June 21, 2011
Texas Competitive Power Advocates is seeking to impose a "backstop" capacity obligation on ERCOT loads.
June 20, 2011
AEP Texas Commercial & Industrial Limited Partnership has again applied to amend its Texas REP certificate from an Option 2 REP to an Option 1 REP.
June 14, 2011
TXU Energy has launched a prepaid product in ERCOT.
June 14, 2011
Sharyland Utilities, PUCT Staff, and other parties have filed an unopposed stipulation which would move Sharyland's Stanton and Colorado City load from the Southwest Power Pool to ERCOT, potentially allowing for the introduction of retail choice (39070).
June 13, 2011
PUCT Schedules Additional Reserve Adequacy Workshop
June 10, 2011
PNM Resources has commenced an auction process for the disposition of First Choice Power, and potentially its Optim Energy generating facilities as well, two sources familiar with the process told Matters.
June 7, 2011
Constellation Energy has terminated an agreement to sell the 550-megawatt Quail Run natural gas plant in west Texas to High Plains Diversified Energy Corporation.
June 1, 2011
Note : ERCOT has issued corrected numbers after releasing its initial data. The updated numbers can be found here . While there are some slight changes in the projected reserve margins, the revisions do not lead to a projected reliability violation where there was not one previously, or vice versa…
May 27, 2011
StarTex Power formally announced this morning that it has signed a definitive merger agreement to be acquired by Constellation Energy.
May 25, 2011
Two financial marketers, Longhorn Energy LP and West Oaks Energy LLC, have appealed, to the PUCT, ERCOT's resettlement of Operating Days December 1, 2010 through February 1, 2011 (Docket 39433).
May 23, 2011
The Public Utility Commission of Texas scheduled a workshop for June 22 regarding the potential effect of proposed federal environmental regulations on reserve adequacy in ERCOT (see 5/12) .
May 20, 2011
ERCOT's Board of Directors approved a temporary price cap revision for the Valley area.
May 16, 2011
RECs retired by retail electric providers in ERCOT for voluntary renewable products exceeded RECs retired for RPS compliance for the third consecutive year, ERCOT reported Friday.
May 13, 2011
The PUCT needs to consider "non-quantifiable" metrics as it studies the future of Entergy Texas, PUCT Chairman Barry Smitherman said during yesterday's open meeting.
May 13, 2011
Capacity markets do not appear to produce the results they are designed to produce, while engendering significant litigation and conflict between consumers and generators, PUCT Chairman Barry Smitherman said during yesterday's open meeting.
May 12, 2011
Exelon Corporation has inked an agreement to acquire Wolf Hollow, a combined-cycle natural gas-fired power plant in north Texas, from Sequent Wolf Hollow, LLC, for $305 million, as adjusted for working capital.
May 12, 2011
Various proposed regulations by the U.S. Environmental Protection Agency could lead to the retirement of 8,100 MW of gas-fired generation, and, in a worst case scenario, 5,600 MW of coal-fired generation.
May 9, 2011
First Choice Power unit margins were down for the first quarter of 2011, but were partially offset by increased commercial volumes.
May 9, 2011
Constellation's NewEnergy segment reported an adjusted loss of $16 million for the first quarter of 2011, versus adjusted earnings of $109 million a year ago, due to a combination of the February weather event in Texas, lower margins, as well as charges related to its international divestiture.
May 2, 2011
The ERCOT retail market is as, "about as intense as we have seen in any period over the last decade," TXU Energy CEO Jim Burke said Friday, citing retail offers which he characterized as below the marginal cost of power and wires charges.
April 20, 2011
The Texas Senate has passed SB 661, which includes many of the Sunset Commission's recommendations from its review of the Public Utility Commission of Texas.
April 19, 2011
Abacus Resources Energy, LLC asked the PUCT to dismiss Staff's petition for a revocation of Abacus' REP certificate, due to its default on ERCOT obligations, claiming that its continued operation is essential for it to be able to repay some $1.2 million owed to ERCOT and the TDUs (39192).
April 11, 2011
Several measures taken by ERCOT in February to exclude the impacts of the anomalous severe weather event on credit requirements prevented several additional retail electric providers from defaulting, two leading retail executives told KEMA's Executive Forum.
