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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.
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NERC MRC/Board of Trustees Briefs: Feb. 7, 2018
The chairman of NERC’s Board of Trustees said the organization hopes to have a new CEO in place by the summer.
Energy Future Holdings
Vistra Balks at Divesting 1,281 MW in Dynegy Merger
The staff of the Texas PUC recommended that it require Vistra Energy and Dynegy to divest at least 1,281 MW of generation to secure approval of their merger.
LP&L
Lubbock Council, Utility Board Approve LP&L Settlement
Lubbock’s City Council and Electric Utility Board both approved a settlement agreement in the LP&L move from SPP to ERCOT.
NRG
NRG Selling Renewables, Other Assets for $2.8 Billion
NRG Energy has agreed to sell its renewables businesses, its interest in NRG Yield and its South Central Generating subsidiary in transactions that will bring the company $2.8 billion in cash and take $7 billion in debt off its books.
Florida Power & Light
NextEra Suit Accuses Nuclear Trade Group of ‘Extortion’
NextEra Energy accused the Nuclear Energy Institute of “extortion,” saying it was spitefully denying the company access to a database used to screen workers.
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Sempra, Oncor Reach Agreement with Texas Intervenors
Sempra Energy and Oncor have reached a settlement with all parties involved in Sempra’s proposed $9.45 billion acquisition of Energy Future Holdings.
Traders Seek Clarity in FERC Enforcement Under New Regime
FERC’s enforcement policy is unlikely to shift significantly despite the arrival of four new commissioners, a panel of present and former FERC staffers said. But some think the commission should provide more clarity in defining violations.
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ERCOT Technical Advisory Committee Briefs: Jan. 25, 2018
ERCOT’s Technical Advisory Committee asked its Wholesale Market Subcommittee to determine what went wrong during two recent market events.
PSO Rate Case a Concern for AEP’s Akins
AEP beat Wall Street’s expectations with a positive yearend earnings report, but CEO Nick Akins spent much of a conference call with analysts focused on its Oklahoma subsidiary.
PUCT
LP&L Finalizing Agreements in ERCOT Move
Lubbock Power & Light told Texas regulators that it continues to hammer out settlement agreements in the utility’s proposed migration from SPP to ERCOT.

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