NRG Energy
Many comments on the Department of Energy’s Advance Notice of Proposed Rulemaking to FERC on large load interconnections warned against going too far into jurisdictional issues.
Effort seeks to expedite development of the gigawatt-scale generation, transmission and grid infrastructure needed to support large-scale data centers and AI development.
The Texas Public Utility Commission signed a sixth loan agreement through the Texas Energy Fund’s in-ERCOT loan program, up to $370 million for a new 455-MW gas-fired plant in the Houston area.
FERC approved LS Power’s deal to sell 12.9 GW of its gas generation in PJM, NYISO and ISO-NE, as well as its 6-GW demand response business, CPower, to NRG Energy for $12 billion.
Panelists at S&P Global’s Nodal Trader Conference discussed the impact of demand growth and uncertain load forecasts on markets.
The R Street Institute has ranked the states on their embrace of policies related to competition, which includes retail power markets, RTO membership, smart metering policies and friendliness to distributed resources.
PJM's IMM is pushing for limits on NRG after it completes its deal with LS Power to prevent its exercise of market power, but the firm argues they are unneeded and the Monitor has failed to show its math
NRG Energy closed on a $216 million loan from the Texas Energy Fund that will help it build 456 MW of gas-fired capacity at an existing power plant.
PJM's Independent Market Monitor asked FERC to impose behavioral constraints on NRG Energy's proposed purchase of power plants and demand response from LS Power.
NRG Energy told FERC its purchase of generation and the CPower subsidiary from LS Power will not impact competition, despite some overlap in assets in New York and PJM.
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