Electric Reliability Council of Texas (ERCOT)
The Gulf Coast Power Association’s (GCPA) third conference on the nascent Mexico electric power market drew almost 100 attendees to participate in discussions.
FERC will be closely monitoring ERCOT and Southern California this summer as most of the country faces the likelihood of above-normal temperatures.
The Public Utility Commission of Texas delayed its final approval of Southwestern Public Service’s request to build a 478-MW wind farm in West Texas.
Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year.
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.
NRG earned $233 million in the first quarter, compared with a loss of $169 million in the same period last year.
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.
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.
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.
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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