New England’s aggressive decarbonization goals need bold technology innovation & public policy to drive an equitable transition, the NEECE heard.

FERC received dozens of comments on the final day for stakeholders to answer questions on the future of PJM’s capacity market.

The NEPOOL Participants Committee continued working groups on “Pathways to the Future Grid” as ISO-NE and stakeholders reviewed decarbonization strategies.

Texas lawmakers took their shots at ERCOT as they tried to grasp the complexities of a system that failed during an “unprecedented weather event.”

NRG Energy plans to indefinitely mothball its gas-fired Petra Nova Power generating unit, a change from its earlier plan to seasonally sideline the plant.

ERCOT staff have begun issuing price corrections and resettling 25 operating days affected by two market errors earlier this year.

NRG Energy advised ERCOT that it plans to mothball its Petra Nova Power plant, centerpiece of the world’s largest carbon-capture facility.

NRG Energy said it will acquire competitive retailer Direct Energy from U.K.-based Centrica for $3.63 billion in an all-cash transaction.

In an earnings call, NRG CEO Mauricio Gutierrez touted the company’s strong position despite the social disruptions stemming from the coronavirus pandemic.

NRG reported a 2019 operating income of $4.1 billion, compared to $460 million last year, driven by the release of a $3.5 billion tax valuation allowance.