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July 23, 2024

ERCOT

The Electric Reliability Council of Texas manages the flow of electric power to about 90 percent of the state’s electric load. The nonprofit independent system operator is governed by a board of directors and is subject to oversight by the Public Utility Commission of Texas and the Texas Legislature.
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Uncertain Future for Texas’ Renewables Industry
The Texas Legislature is working to pass bills to facilitate fossil fuel energy generation but limit renewable energy generation.
Fluor
LS Power to Acquire Brazos Gas Generation
LS Power said it reached an agreement with Brazos Electric Power Cooperative to acquire 2.15 GW of its gas-fired generation in the ERCOT market.
Gov. Greg Abbott via Twitter
Vistra Bolstering its Zero-carbon Generation
Vistra says its excited about its recent acquisition of Energy Harbor, which will more than double the company’s zero-carbon generation currently online.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP Continues to ‘De-risk’ its Businesses
AEP says it plans to sell its AEP Energy competitive retail business in PJM as it continues to simplify and de-risk its operations.
Texas PUC
ERCOT, PUC Repeat Call for Dispatchable Generation
ERCOT and the Texas PUC say there is not enough dispatchable generation to meet peak demand this summer, forcing the grid to rely on renewables.
CenterPoint Energy
CenterPoint’s $43B Capex Plan on Track
CenterPoint Energy navigated high interest rates and mild winter weather for a "tremendous start" to 2023 and is on its way to deploying $43 billion in capital.
Xcel Energy
Xcel: Nuclear Water Leaks’ Costs ‘not Material’
Xcel Energy says repair costs for two radioactive water leaks since last November at its Monticello nuclear plant “were not significant.”
Entergy
Entergy, NextEra Tout Clean Energy Efforts
Entergy told financial analysts that it is investing to improve reliability and resilience and “significantly” expand its clean energy footprint.
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Overheard at the GCPA Spring Conference
The Gulf Coast Power Association’s annual spring conference revolved around how Texas and its coastal region can become a hotspot for energy innovation.
Shutterstock
RTO Wind, Solar PPA Offer Prices Continue Rise in 2023
Renewable PPA offer prices continued to rise in the first quarter of 2023, up one-third over a year earlier.

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