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November 22, 2024

NRG Energy

Comments Come into FERC on PJM Capacity Market
FERC received dozens of comments on the final day for stakeholders to answer questions on the future of PJM’s capacity market.
ISO-NE, Stakeholders Continue to Pave ‘Pathways to the Future Grid’
The NEPOOL Participants Committee continued working groups on “Pathways to the Future Grid” as ISO-NE and stakeholders reviewed decarbonization strategies.
UPDATED: Texas Lawmakers Dig into Power Outages
Texas lawmakers took their shots at ERCOT as they tried to grasp the complexities of a system that failed during an “unprecedented weather event.”
NRG Extends Petra Nova’s Mothballing Indefinitely
NRG Energy plans to indefinitely mothball its gas-fired Petra Nova Power generating unit, a change from its earlier plan to seasonally sideline the plant.
ERCOT Briefs: Week of Oct. 19, 2020
ERCOT staff have begun issuing price corrections and resettling 25 operating days affected by two market errors earlier this year.
NRG to Mothball Petra Nova CCS Plant
NRG Energy advised ERCOT that it plans to mothball its Petra Nova Power plant, centerpiece of the world’s largest carbon-capture facility.
NRG Energy
NRG Announces $3.6B Cash Deal to Acquire Direct Energy
NRG Energy said it will acquire competitive retailer Direct Energy from U.K.-based Centrica for $3.63 billion in an all-cash transaction.
NRG’s Q1 Retail Earnings Stave off COVID Declines
In an earnings call, NRG CEO Mauricio Gutierrez touted the company’s strong position despite the social disruptions stemming from the coronavirus pandemic.
NRG Income Rises on Generation, Tax ‘Release’
NRG reported a 2019 operating income of $4.1 billion, compared to $460 million last year, driven by the release of a $3.5 billion tax valuation allowance.
Challenge to CAISO Load Conformance Denied
CAISO’s load conformance practices do not inappropriately deny generators shortage pricing, FERC said in response to a challenge by NRG.

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