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September 3, 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.
The White House
FERC Acts on Tax Cuts
Transmission owners will be required to reduce their rates to reflect reduced corporate income taxes under a proposal issued by FERC.
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NARUC Briefs: New Chief Picked, Staffers Honored
The National Association of Regulatory Utility Commissioners (NARUC) held its annual meeting where new President Nick Wagner expressed his vision for 2019.
NASA
Revised NERC GMD Standard Approved
FERC approved NERC’s revised geomagnetic disturbance reliability standard, which requires grid operators to collect data and imposes deadlines for actions.
EDP Renewables
FERC: Order 845 Compliance Unaffected by Rehearing Bids
FERC clarified that rehearing requests on Order 845 did not delay its effective date, only the date that compliance filings are due.
Sempra Divesting Solar for LNG, Regulated Ventures
Sempra Energy is on-track to sell its renewable energy assets and invest the funds elsewhere, the company said in its third-quarter earnings call.
Generation Lifts NRG Energy Q3 Earnings
NRG Energy earned of $306 million last quarter, up 65% from the same period a year ago on strong returns for the company’s generation business.
CenterPoint Energy
OGE Beats Expectations with Q3 Earnings
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
Texas PUC Briefs: Nov. 8, 2018
Public Utility Commission of Texas Chair DeAnn Walker said she asked ERCOT, SPP and MISO to collaborate on their reliability coordination agreements.
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Texas PUC’s Botkin Applies Life Lessons to Work
Shelly Botkin, the Public Utility Commission of Texas' newest member, has hardly followed a conventional path to becoming a utility regulator.
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ERCOT Takes Healthy Reserves into Winter, Spring
Having successfully met system demand this summer, ERCOT said it will have “sufficient” generation to meet smaller load for the next six months.

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