November 30, 2024

ERCOT

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
CenterPoint Touts Vectren Deal in Earnings Call
CenterPoint reported first-quarter (Q1 2018) earnings of $241 million ($0.55/share), compared with $160 million ($0.37/share) for the same period in 2017.
ERCOT Gains Additional Capacity to Meet Summer Demand
ERCOT will have more breathing room as it prepares for record demand this summer after an additional 525MW of generation recently came online in Texas.
© RTO Insider
Texas Commissioners Approve 478-MW SPS Wind Farm
The Public Utility Commission of Texas (PUCT) approved Southwestern Public Service Company’s (SPS) request to build a wind farm in Texas, clearing the way for a project that will provide renewable energy and economic benefits to SPS customers in the Lone Star State and New Mexico.
TVA
NextEra Beats Wall Street’s Expectations
NextEra Energy beat analysts’ expectations and shattered last year’s first-quarter (Q1 2018) performance, reporting earnings Tuesday of $4.4 billion and $9.32/share, up from $1.6 billion and $3.37, respectively.
Invenergy
AEP: ‘Halfway There’ to Wind Catcher Approval
Buoyed by recent positive developments, American Electric Power CEO Nick Akins had several reasons Thursday to proclaim the company “in better shape than in the first quarter of last year.”
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Overheard at the GCPA Spring Conference
The Gulf Coast Power Association (GCPA) annual spring conference drew almost 400 attendees to the so-called Energy Capital of the World.
Baker’s Carbon Dividends Plan Reaches Across Aisle
James Baker, an eminent Republican official who served in the Reagan and first Bush administrations, explained his proposed carbon tax at the GCPA spring conference.
Market Monitors Debate Roles, Effectiveness of Programs
Market monitors from the Eastern Interconnection and ERCOT debated their roles in the RTOs they oversee and the need for effective monitoring programs.
RTO CEOs Trade Quips, Thoughts on Future at GCPA
At the Gulf Coast Power Association’s annual spring conference, ERCOT CEO Bill Magness once again moderated a panel of his counterparts from around the country.
© RTO Insider
Gas Dominates, Again, in FERC State of the Markets Report
As they have in the past four years, the trends in natural gas dominated the discussion of FERC’s annual State of the Markets report.

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