Electric Reliability Council of Texas (ERCOT)
The National Association of Regulatory Utility Commissioners (NARUC) held its annual meeting where new President Nick Wagner expressed his vision for 2019.
FERC approved NERC’s revised geomagnetic disturbance reliability standard, which requires grid operators to collect data and imposes deadlines for actions.
FERC moved to apply its proposed new methodology for calculating transmission owners’ return on equity rates to dockets in MISO and the South.
FERC would no longer review mergers valued at less than $10 million under a Notice of Proposed Rulemaking.
Transmission owners will be required to reduce their rates to reflect reduced corporate income taxes under a proposal issued by FERC.
FERC clarified that rehearing requests on Order 845 did not delay its effective date, only the date that compliance filings are due.
Sempra Energy is on-track to sell its renewable energy assets and invest the funds elsewhere, the company said in its third-quarter earnings call.
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
NRG Energy earned of $306 million last quarter, up 65% from the same period a year ago on strong returns for the company’s generation business.
Public Utility Commission of Texas Chair DeAnn Walker said she asked ERCOT, SPP and MISO to collaborate on their reliability coordination agreements.
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