ERCOT
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The Electric Reliability Council of Texas manages the flow of electric power to about 90 percent of the state’s electric load. The nonprofit independent system operator is governed by a board of directors and is subject to oversight by the Public Utility Commission of Texas and the Texas Legislature.
CenterPoint Energy reported that mild weather that reduced customers’ power usage drove first-quarter earnings down to $140 million ($0.28/share).
ERCOT said its final summer 2019 resource adequacy assessment indicates “a potential need” to enter energy emergency alert status for system reliability.
Calling it "an important new milestone," Entergy said the sale of Indian Point completes the final disposition of nuclear assets in its wholesale business.
The Texas Legislature on Tuesday passed legislation that gives incumbent utilities the right of first refusal to build transmission projects in the state.
NRG Energy said it expects to return to service an inactive Texas gas plant in time for summer, giving ERCOT additional capacity to play with.
Fast-moving Texas legislation that would give incumbent utilities the right of first refusal to build transmission projects is on the brink of passage.
ERCOT staff and stakeholders are drafting protocol revisions to avoid a repeat of the cold-weather event that resulted in resources being forced to adjust their outage schedules.
The Texas Reliability Entity has revised its self-certification process to make it more efficient for registered entities.
NextEra Energy said it expects to continue increasing adjusted earnings near the top end of a previously disclosed 6-8% growth rate for the year.
The Texas PUC held off on giving its final blessing to $1.37 billion worth of transactions involving Oncor, Sharyland Utilities and Sempra Energy.
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