Electric Reliability Council of Texas (ERCOT)
Incoming Mexican president Andrés Manuel López Obrador’s administration has a different approach to the country’s energy reforms.
The remainder of the ERCOT market’s summer “looks to be a disappointment” for those hoping for high power prices, according to Morningstar.
The PUCT issued requests for comments on real-time co-optimization and incorporating marginal losses into dispatch decisions.
ERCOT’s Board of Directors approved an ISO request to correct real-time energy prices following a July event that caused brief market palpitations.
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.
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