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September 4, 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.
Sempra Outmuscles Berkshire for Oncor
Sempra Energy announced a $9.45 billion cash deal to acquire bankrupt Energy Future Holdings and its 80% interest in Texas utility Oncor.
Calpine Going Private in $5.6B Deal
Calpine announced it has agreed to be acquired by Energy Capital Partners and other investors for $5.6 billion in cash.
ERCOT, Regulators Discuss Need for Pricing Rule Changes
ERCOT stakeholders jammed the Public Utility Commission of Texas' (PUCT's) hearing room for the first of several discussions on price-formation issues.
ERCOT Board of Directors Briefs: Aug. 8, 2017
Rising natural gas prices will likely mean an end to ERCOT’s all-time low energy prices, according to the Independent Market Monitor.
PUCT Workshop to Address ERCOT Market Improvements
The ERCOT energy-only market may not be broken, but stakeholders will discuss some fine-tuning at a PUCT workshop this week.
OGE, CenterPoint Earnings Calls Focus on Enable Midstream
CenterPoint and OGE executives spent their respective earnings conference calls with analysts discussing their limited partnership, Enable Midstream.
Berkshire Hathaway Energy Earnings Up on Solar Rebound
Berkshire Hathaway Energy reported a $38 million increase in earnings for the second quarter because of improved performance of BHE Renewables.
Entergy Q2 Earnings Beat Expectations
Entergy reported second-quarter profits of $409.9 million ($2.27/share), compared to $567.3 million ($3.11/share) a year ago.
Texas Heat Leads to more ERCOT Demand Records
A Central Texas heat wave is leading to surging demand for electricity, helping ERCOT continue its streak of breaking demand records.
Texas Commission Rejects SPS ROFR Request
The PUCT agreed that Southwestern Public Service does not have the exclusive right to build transmission facilities in its service territory.

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