NRG Energy reported net income of $24 million ($0.23/share) in the second quarter, compared with a $16 million loss (-$1.98/share) a year earlier.

ERCOT executives said that system generation has overperformed during the summer, helping the grid operator meet demand during July’s record heat.

CenterPoint Energy reported a second-quarter loss of $75 million ($0.17/share), compared to a profit of $135 million ($0.31/share) a year earlier.

FERC granted AEP Energy Partners’ request to transmit power between ERCOT and Mexico over existing DC tie connections.

ERCOT stakeholders and staff discussed alternatives to market price investigation announcements, following a market notice during the recent heatwave.

AEP stock ended the week at $71.14/share, up $1.76, after it announced the cancellation of its Wind Catcher Energy Connection project.

AEP cancelled its proposed $4.5 billion Wind Catcher Energy Connection project one day after its rejection by the Texas Public Utility Commission (PUCT).

A high-pressure system that has swamped much of Texas with triple-digit temperatures has led to all-time systemwide peak records in ERCOT.

ERCOT set new all-time systemwide peak demand records July 18, reaching 72.2 GW between 4 and 5 p.m.

The PUC of Texas (PUCT) expressed concerns over whether AEP will protect ratepayers from the risks of its Wind Catcher Energy Connection project.