March 24, 2021
Texas Retail Provider Relinquishing Certificate After Book Sale, Weather Event
Energy Monger, LLC, Texas REP certificate number 10276, filed at the Texas PUC to relinquish its REP certificate
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March 4, 2021
Retail Provider Says PUC Should Bar Any REP Short Paying ERCOT From Enrolling New Customers
Says Private Right Of Action Should Be Allowed For Wholesale Market Manipulation Claims
February 26, 2021
Texas REP Southwest Power & Light Says It Weathered The Winter Storm "Unscathed", Notes "Strong Liquidity"
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 23, 2021
Genie Energy Currently Estimates That Impact From Texas Weather Event Will Be Modest On Company-Wide Profitability
Genie Energy said on Feb. 22 that it, "continues to serve its 10,000 customers across Texas with no change in their rates under their current agreements despite the unprecedented price volatility in real-time electricity prices last week."
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February 22, 2021
Wood Mackenzie’s unique hedging strategies protect ERCOT clients from arctic blast
Written by Thomas Pagnotta, Senior Portfolio Manager, Wood Mackenzie
The US central and southern plains experienced some of the coldest temperatures on record this past weekend, sending shockwaves through the Mid-Continent and Southern natural gas markets as spot prices reached as high as $1,250.00/mmbtu, (OnekOK). Prior to that day, the average settlement price for…
February 8, 2021
Retail Supplier Signs New Multi-Year Energy Supply Agreement With Wholesale Provider, Will Support Geographic Expansion, Acquisitions
Current Energy and Renewables (CER), a retail energy supplier which has initially focused on the Ohio market, announced a new multi-year supply agreement with Boston Energy Trading and Marketing LLC (BETM).
December 22, 2020
Developer Announces Purchaser For Energy From Texas Wind Project
BayWa r.e. announced that it has completed construction and achieved financial close of the Amadeus Wind project in Texas.
November 24, 2020
Pennsylvania Utility Seeks To Continue Use Of Financial Hedge For Default Service
Pike County Light & Power Company, Electric Division has filed a proposed default service plan (DSP) at the Pennsylvania PUC to cover the period June 1, 2021 to May 31, 2024.
October 26, 2020
Retail Supplier First Point Power Extends Credit/Supply Facility With BP Energy Company
Retail energy supplier First Point Power (FPP) announced a 2-year credit and supply facility extension of its existing facility with BP Energy Company, (BPEC).
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October 13, 2020
Genscape Webinar: Surviving A Coronavirus Winter: How To Sanitize Your Winter Risk In The Natural Gas Retail Markets
As coronavirus precautions continue into the winter months, retail gas market participants look to our experts on how to enter this unusual winter with confidence. In these unprecedented times, maintaining and expanding margins is vital for survival. For the retail gas markets, this is especially…
August 4, 2020
Exelon Reports Impact On Competitive Business From COVID-19
In reporting second quarter results, Exelon reported that the estimated impact of COVID-19 to Exelon utilities’ and Generation’s GAAP Net income as a result of COVID-19 is approximately $100 million and $50 million, respectively, for the second quarter of 2020 and primarily reflects the impact of a…
July 13, 2020
Retail Supplier Signs New Multi-Year Energy Supply Agreement
Also Secures Infusion Of Capital In Separate Transaction
Liberty Power today announced a new multi-year supply agreement with Boston Energy Trading and Marketing LLC (BETM).
May 27, 2020
Developer Of ERCOT Solar Project Exploring PPA Options, Retain Advisor
Misae Solar is exploring PPA options for Misae Solar Park II, a 517 MWac/692 MWdc solar project and described as, "one of the largest solar investment opportunities in ERCOT and in the US."
May 8, 2020
Exelon Reports COVID-Related Declines In Gross Margin In Constellation Business
During an earnings call, Exelon detailed the impact from COVID-19 on gross margin and load at its Constellation business
May 5, 2020
Vistra Energy Expects Negative $60 Million Impact To Retail Segment Near-Term From COVID-19, Affirms 2020 Guidance
In reporting earnings today, Vistra Energy reported that it expects a negative $60 million impact to its Retail segment near-term from COVID-19, but affirmed 2020 guidance as the decline would be offset by gains in its Generation segment
April 6, 2020
Integrated Retail Supplier-Generator Reports No Material Adverse Impact To Date From COVID-19
Expects "Significantly Lower" Q1 Results From Other Factors
Calpine Corporation issued a news release providing a COVID-19 operational and financial update
March 5, 2020
Updated: Spark Energy Sells Japanese Joint Venture; Reports Electricity Unit Margins Returning To Normal Versus Year-Ago
Spark Energy in a 10-K further disclosed details of the sale of its Japanese joint venture
February 12, 2020
Marathon Energy Announces Extension Of Credit And Supply Facility
Retail energy supplier Marathon Energy (Marathon) announced a 4-year credit and supply facility extension of its existing facility with Shell Energy North America, US LP (SENA).
November 5, 2019
Spark Energy Reports 78% Increase In Electricity Unit Margins, Lifts Earnings
For the quarter ended September 30, 2019, Spark Energy, Inc. reported Adjusted EBITDA of $28.1 million, compared to Adjusted EBITDA of $18.6 million for the quarter ended September 30, 2018.
October 9, 2019
Ameren Expresses Concern With Unfilled Hedges For Capacity For Default Service Customers, Warns Of Potential For Higher Prices For Default Service Customers
Ameren Illinois has raised concern at the Illinois Commerce Commission with the levels of hedged capacity for default service electric customers which are lower than the hedging targets in the Illinois Power Agency's procurement plan
October 1, 2019
Illinois Agency Files Default Service Procurement Plan
The Illinois Power Agency has filed its 2020 default service procurement plan for Commonwealth Edison and Ameren
September 11, 2019
Retail Supplier Affiliate Closes Financing for Utility-Scale Solar Power Plant In Texas
174 Power Global today announced the closing of construction financing for the $210 million, 150 MW first phase of a solar power plant near Odessa, Texas.
September 5, 2019
OCC: Duke Ohio Residential Customers On Competitive Gas Supply Paid $11 Million More Than Default Service In 2018 ($0.59/Mcf Higher)
The Ohio Consumers' Counsel said in testimony filed with the Public Utilities Commission of Ohio that, in 2018, residential customers on competitive natural gas supply at Duke Energy Ohio paid $11 million more than if they had paid Duke's GCR default service rate.
August 1, 2019
Retail Supplier Names Energy Market Vet As EVP, Electric Trading
East Coast Power & Gas, LLC has named Brian Krall as Executive Vice President, Electric Trading
July 30, 2019
Calpine Reports Results For Retail Segment
Calpine Corporation reported earnings today for the second quarter of 2019 (three months ended June 30, 2019)