Electric Reliability Council of Texas (ERCOT)
FERC officials and RTO executives still had more questions than answers this week regarding the Department of Energy’s (DOE) plans for rescuing at risk nuclear and coal plants.
The Texas PUC quickly approved a second draft order of Southwestern Public Service’s (SPS) request for a certificate of convenience and necessary for its 478-MW wind farm.
ERCOT’s legal department again delayed votes endorsing final changes to the grid operator’s bylaws and articles of incorporation.
Triple-digit temperatures in parts of Texas last week sent energy demand into record territory and electricity prices soaring to nearly $1,500/MWh.
The Gulf Coast Power Association’s (GCPA) third conference on the nascent Mexico electric power market drew almost 100 attendees to participate in discussions.
FERC will be closely monitoring ERCOT and Southern California this summer as most of the country faces the likelihood of above-normal temperatures.
The Public Utility Commission of Texas delayed its final approval of Southwestern Public Service’s request to build a 478-MW wind farm in West Texas.
Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year.
CenterPoint reported first-quarter (Q1 2018) earnings of $241 million ($0.55/share), compared with $160 million ($0.37/share) for the same period in 2017.
NRG earned $233 million in the first quarter, compared with a loss of $169 million in the same period last year.
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