Berkshire Hathaway Offers Texas Emergency Power Supply
March 28, 2021Berkshire Hathaway is proposing to create an entity in Texas that would build and maintain 10 GW of natural gas-fired capacity and gas storage. | Entergy
Read MoreWelcome to RTO Insider!
A subscription is required. Register to read up to 2 articles per month.
This site uses cookies. By continuing on, you accept this practice. Our privacy policy is available here .
Berkshire Hathaway is proposing to create an entity in Texas that would build and maintain 10 GW of natural gas-fired capacity and gas storage. | Entergy
Read MoreTexas regulators have reached a settlement with Avangrid in its $4.3 billion acquisition of PNM Resources, parent company of Texas-New Mexico Power. | © RTO Insider
Read MoreTexas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator’s governance. | Entergy
Read MoreBrazos Electric Power Cooperative filed for Chapter 11 bankruptcy, saying it was unable to pay ERCOT $2.1 billion in unexpected charges. | NAES
Read MoreVistra said that it expects to take up to a $1.3 billion financial loss because of the state’s massive power outage and its subsequent effects on the ERCOT market. | Luminant
Read MoreBoth CenterPoint and OGE said Energy Transfer’s acquisition of Enable Midstream will allow them to focus on moving to a fully regulated utility business model. | CenterPoint Energy
Read MoreAmerican Electric Power CEO Nick Akins called for stepped-up reliability measures following a winter storm that ravaged the Texas grid. | AEP
Read MoreEnergy Transfer said it has entered into an agreement to acquire Enable Midstream Partners in a $7.2 billion all-equity transaction. | Enable
Read MoreNRG Energy notified ERCOT that it intends to indefinitely mothball its gas-fired Petra Nova Power generating unit, a change from its earlier plan to seasonally sideline the plant. | NRG Energy
Read MoreXcel Energy reported year-end earnings of $2.79/share, a 15-cent increase from its 2019 performance. | Xcel Energy
Read MoreVistra said it would retire the 650-MW Coleto Creek plant no later than 2027 because it would be too expensive to comply with recently finalized EPA rules. | Luminant
Read MoreThe Texas PUC threatened TNMP with a “comprehensive” rate case if the utility didn’t remove proposed Tariff language from a proceeding. | Texas PUC
Read MoreCenterPoint and OGE declined to answer questions on potential sales of their interest in Enable Midstream during their third-quarter earnings calls. | OG&E
Read MoreVistra said it is taking on the “changing power generation landscape” as it announced earnings that were above management’s expectations. | Vistra
Read MoreXcel Energy reported third-quarter earnings of $1.14/share, beating Zacks Investment Research’s consensus expectation by 7 cents. | Xcel Energy Center
Read MoreAEP reported third-quarter earnings of $749 million ($1.51/share), compared with earnings a year ago of $734 million ($1.49/share). | © RTO Insider
Read MoreAvangrid is poised to expand into the Southwest after announcing that it will spend $4.3 billion in cash to acquire PNM Resources. | Iberdrola
Read MoreNextEra Energy Transmission will pay $660 million to acquire independent transmission company GridLiance. | Gridliance
Read MoreNRG Energy advised ERCOT that it plans to mothball its Petra Nova Power plant, centerpiece of the world’s largest carbon-capture facility. | NRG
Read MoreLooking for more stories on this topic? Try using the search function.
© 2021 RTO Insider LLC. All Rights Reserved.
Counterflow: Beware Those Bearing Gifts
April 5, 2021Steve Huntoon shares why he is skeptical of Berkshire Hathaway Energy’s proposal to give Texas 10 GW of emergency generation in exchange for $8.3 billion. | NRG
Read More