NRG Energy
The second quarter wasn’t a great one for most companies in the RTO Insider Top 30, as revenues declined 2% compared with 2015 while profits dropped 15%.
NRG Energy continued to retrench after a dismal 2015, announcing last week that it will sell its stake in a California solar project and restructure its GenOn unit.
The ERCOT Technical Advisory Committee rejected a request to allow economic dispatch of RMR units over the objections of the ISO’s Monitor.
PJM CEO Andy Ott combated generators’ assertion that the RTO’s competitive markets owe their success to legacy assets.
Groups opposing FirstEnergy's plan to win subsidies from Ohio regulators asked FERC to again intervene in the dispute.
The ERCOT Board of Directors approved extending an RMR contract with NRG Energy for its Greens Bayou Unit 5 plant in the Houston area.
FERC ordered MISO to revise its Tariff to ensure it is not overpaying for reactive power or show cause why it should not have to do so.
ERCOT said it has executed a reliability-must-run agreement to keep NRG's Greens Bayou 371-MW natural gas-fired generator available through September.
Talen Energy announced that it had agreed to be acquired by Riverstone Holdings, which is offering $14/share in cash for the company’s outstanding shares.
FERC OK'd the CAISO plan to temporarily alter its market rules in response to natural gas pipeline restrictions stemming from the closure of the Aliso Canyon storage facility.
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