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November 28, 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.
Entergy Beats Q3 Earnings Expectations
Entergy beat Wall Street’s expectations with a third-quarter adjusted earnings of $506 million ($2.52/share), up from $431 million ($2.35/share) a year ago.
ERCOT Technical Advisory Committee Briefs: Oct. 23, 2019
ERCOT's attempt to alert stakeholders that scheduling entities will be required to submit certificates for electricity resale resulted in a kerfuffle.
AEP Beats Expectations with Strong Q3
American Electric Power’s third-quarter figures beat expectations with earnings of $734 million, up from $578 million over the same period in 2018.
Xcel Talks Tx Build After Earnings Come up Short
Xcel Energy reported earnings of $527 million ($1.01/share) for the quarter, up from $491 million the same period a year ago ($0.96/share).
GCPA Speakers Weigh Texas Market’s Pros, Cons
The landmark law that deregulated ERCOT’s market and paved the way for electric competition provided the theme for this year’s GCPA fall conference.
NextEra Beats Expectations with $1.16B Quarter
NextEra Energy touted “one of the best renewable development periods” in its history and reported third-quarter earnings that beat analysts’ expectations.
Magness, Walker to Explain ERCOT Reliability to NERC
ERCOT CEO Bill Magness and Texas PUC Chair DeAnn Walker will attend NERC’s Board of Trustees meeting to discuss the grid operator’s slender reserve margins.
ERCOT Board of Directors Briefs: Oct. 8, 2019
ERCOT CEO Bill Magness briefed the Board of Directors on an upcoming trip to NERC and the work of the Battery Energy Storage Task Force.
Stakeholder Soapbox – ERCOT ’19: Proof of Successful Design?
Rob Gramlich of Grid Strategies examines how ERCOT's market performed this summer, finding it provided price signals to attract and retain resources.
Texas PUC Briefs: Sept. 26, 2019
Texas regulators formally approved one of two transmission projects necessary to integrate much of the city of Lubbock’s load into ERCOT.

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