Electric Reliability Council of Texas (ERCOT)
FERC moved to apply its proposed new methodology for calculating transmission owners’ return on equity rates to dockets in MISO and the South.
FERC would no longer review mergers valued at less than $10 million under a Notice of Proposed Rulemaking.
Transmission owners will be required to reduce their rates to reflect reduced corporate income taxes under a proposal issued by FERC.
FERC clarified that rehearing requests on Order 845 did not delay its effective date, only the date that compliance filings are due.
Sempra Energy is on-track to sell its renewable energy assets and invest the funds elsewhere, the company said in its third-quarter earnings call.
NRG Energy earned of $306 million last quarter, up 65% from the same period a year ago on strong returns for the company’s generation business.
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
Public Utility Commission of Texas Chair DeAnn Walker said she asked ERCOT, SPP and MISO to collaborate on their reliability coordination agreements.
Shelly Botkin, the Public Utility Commission of Texas' newest member, has hardly followed a conventional path to becoming a utility regulator.
Having successfully met system demand this summer, ERCOT said it will have “sufficient” generation to meet smaller load for the next six months.
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