Electric Reliability Council of Texas (ERCOT)
ERCOT Market Monitor Beth Garza gave her perspective on how the energy-only market survived the summer of 2018 to the Future Power Markets Summit.
The Public Utility Commission of Texas approved a settlement agreement reducing AEP Texas’ annual revenue requirement by $27 million.
Incoming Mexican president Andrés Manuel López Obrador’s administration has a different approach to the country’s energy reforms.
The remainder of the ERCOT market’s summer “looks to be a disappointment” for those hoping for high power prices, according to Morningstar.
The PUCT issued requests for comments on real-time co-optimization and incorporating marginal losses into dispatch decisions.
ERCOT’s Board of Directors approved an ISO request to correct real-time energy prices following a July event that caused brief market palpitations.
NRG Energy reported net income of $24 million ($0.23/share) in the second quarter, compared with a $16 million loss (-$1.98/share) a year earlier.
ERCOT executives said that system generation has overperformed during the summer, helping the grid operator meet demand during July’s record heat.
CenterPoint Energy reported a second-quarter loss of $75 million ($0.17/share), compared to a profit of $135 million ($0.31/share) a year earlier.
FERC granted AEP Energy Partners’ request to transmit power between ERCOT and Mexico over existing DC tie connections.
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