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August 22, 2023
The Massachusetts Department of Public Utilities has opened an investigation to (1) establish guidelines governing the filing requirements and the process by which the Department reviews and evaluates municipal aggregation plans, as well as the rules governing operation of a municipal aggregation…
August 11, 2023
AEG Affiliated Energy Group Reports Financial Closing Of 6 M&A Deals In Past 10 Months Notes "Increased Tensions Between REPs And Their Wholesale Supply Financing Sources" August 11, 2023 Email This Story
April 25, 2023
Would Allow ERCOT To Suspend QSE If QSE Poses "Unreasonable Financial Risk"
ERCOT has submitted a new Nodal Protocol Revision Request -- NPRR 1175, Revisions to Market Entry Financial Qualifications and Continued Participation Requirements -- which would, as stated by ERCOT in the NPRR, "strengthen[] ERCOT’s market entry qualification and continued participation…
January 20, 2023
Mega Energy New England, LLC is selling its Massachusetts commercial customer book, the company disclosed in a regulatory filing in Connecticut
November 7, 2022
In reporting earnings today, Genie Energy, Ltd. announced that it has completely exited its international retail energy supply business
July 5, 2022
Energy Cooperative of America, an ESCO, has informed certain New York business customers on fixed rates that it is "pausing" their current fixed rate contracts, and applying modified, higher rates during such pause, due to "price spikes" in the energy markets
June 9, 2022
A June procurement for electricity SOS supplies in…
May 19, 2022
Several Texas retail electric providers have ceased accepting new customers
March 24, 2022
PJM issued a new market notice providing a further update on the disposition of the portfolio of Hill Energy Resource & Services, LLC, which defaulted at PJM in January, as previously reported
March 10, 2022
PJM issued a market notice providing an update on the disposition of the portfolio of
January 13, 2022
PJM in a market notice stated, "Please be advised that Hill Energy Resource & Services, LLC (the 'Defaulting Member') defaulted on its obligations to comply with a Collateral Call under PJM’s credit policies on January 11, 2022."
November 22, 2021
U.K. retail energy supplier Bulb said that it has made the decision to, "support Bulb being placed into special administration," but that its international retail suppliers, including Bulb Texas, are not immediately affected
November 1, 2021
PJM on October 28 issued a market notice stating, "Please be advised that Switch Energy, LLC defaulted on their collateral obligations on October 27, 2021 and remedied the default on October 28, 2021."
October 28, 2021
Tradition Energy announced that it was awarded the energy consulting contract for Market Research, Risk Management, Sustainability, and Procurement Solutions by Harris County, Texas.
September 17, 2021
PJM issued a market notice on September 17 stating, "Please be advised that Powervine Energy, LLC and Great American Power, LLC defaulted on their obligations on September 15, 2021. Shortly after the payment was due, Powervine Energy, LLC and Great American Power, LLC remediated their defaults."
June 21, 2021
In a response to the Independent Market Monitor's state of the market report, PJM said that, "PJM believes that provisions to administratively limit prices under sustained extreme price conditions could be helpful to limit unnecessary risk to market participants and consumers."
June 18, 2021
FERC issued an order providing guidance regarding the $1,000/MWh soft price cap in the Western Electricity Coordinating Council (WECC).
June 17, 2021
POLR Rate Formula Proposed To Be Changed
During today's open meeting, Texas PUC Staff previewed a strawman to implement HB 16, which includes a ban on wholesale indexed plans for small customers, and which also includes new risk disclosure requirements in order to offer such plans to large customers
May 24, 2021
Includes TDU Load Shed Programs, Energy Storage For TDUs; New Obligation For REPs
May 13, 2021
In a letter to the Public Utility Commission of Texas, Brandon Young, CEO of Young Energy, requested that the PUC end the moratorium on disconnections for non-pay which was adopted in the aftermath of the February winter weather event, arguing that the viability of the retail market is threatened by…
May 10, 2021
Exelon Generation Company, LLC and Constellation NewEnergy, Inc. sought, in Travis County, Texas, district court, judicial review of the Texas PUC's order dated February 21, 2021 which Exelon said, "removed the monthly cap on default amounts that can be uplifted onto ERCOT market participants in the…
April 28, 2021
ERCOT in a market notice announced an adjustment to the Potential Uplift (PUL) Component of Total Potential Exposure (TPE)
April 26, 2021
Vistra provided some additional details in an investor call and presentation
March 12, 2021
GridPlus announced that, "out of necessity, [we] have divested our retail energy subsidiary."
March 11, 2021
Genie Energy Ltd. announced that it has suspended its dividend as part of an effort to rebuild its cash position in the aftermath of the Texas weather event
