Luminant

Appeals Court Rules Winter Storm Uri Cases Can Move Forward Against Transmission and Distribution Utilities

Retrieved on: 
Wednesday, April 3, 2024
Legal, Professional Services, Storm, Electricity, Winter storm, CenterPoint Energy, Personal injury, Luminant, NRG, American Electric Power, Supreme Court of Texas, Death, Freezing, Oncor Electric Delivery, ERCOT, Exelon, Tobacco

A three-judge panel of the Texas 14th Court of Appeals in Houston has unanimously ruled that Winter Storm Uri-related lawsuits against Texas electric transmission and distribution utilities (TDUs) can move forward to trial.

Key Points: 
  • A three-judge panel of the Texas 14th Court of Appeals in Houston has unanimously ruled that Winter Storm Uri-related lawsuits against Texas electric transmission and distribution utilities (TDUs) can move forward to trial.
  • “It was a conscious decision to cut off power to certain neighborhoods and several people lost their lives as a result.
  • In 2023, the Texas Supreme Court found that ERCOT, the nonprofit corporation operating the state’s electrical grid, qualified for sovereign immunity from litigation.
  • Winter Storm Uri brought near-zero-degree temperatures and freezing rain to Texas in February 2021.

Riot to Constitute Advisory Board; Will Feature Former ERCOT Interim-CEO Brad Jones

Retrieved on: 
Tuesday, May 23, 2023
Bitcoin, Castle Rock, Colorado, Interim, ERCOT, Senate, California Public Utilities Commission, House of Representatives, Electricity, Advisory board, Wind, Public utilities commission, CO, TXU, Representative, Weather, House, Cryptocurrency, Luminant, Riot

Riot’s first Advisory Board member will be Brad Jones, the former Interim President and CEO of the Energy Reliability Council of Texas (“ERCOT”), which manages ninety percent of the state’s power supply, monitoring over 50,000 miles of transmission lines and over 1,100 power generation units.

Key Points: 
  • Riot’s first Advisory Board member will be Brad Jones, the former Interim President and CEO of the Energy Reliability Council of Texas (“ERCOT”), which manages ninety percent of the state’s power supply, monitoring over 50,000 miles of transmission lines and over 1,100 power generation units.
  • “We are honored to welcome Brad Jones to the Riot Platforms team,” said Jason Les, CEO of Riot.
  • “Riot and Bitcoin mining provide tremendous benefits to the ERCOT grid.
  • During his eighteen months leading ERCOT, grid reliability dramatically improved, with ERCOT successfully completing nearly sixty major initiatives.

Talen Energy Corporation Announces CEO Transition Plan; FERC and NRC Regulatory Approvals

Retrieved on: 
Wednesday, April 5, 2023
Plan, Bankruptcy, GenOn Energy, University, Senior, Kirkland & Ellis, Talen Energy, State university system, McFarland, TES, Carbon, Luminant, Rothschild, Exelon, Rothschild & Co, Business administration, Energy Future Holdings, Title 11 of the United States Code, Kroll, Biophysical environment, CFO, United States bankruptcy court, Cumulus cloud, California Resources Corporation, Virginia Tech, Master of Business Administration, Corporate development, Management, Talen

HOUSTON, April 5, 2023 /PRNewswire/ -- Today, Talen Energy Corporation ("Talen" or "the Company") reported that CEO Alejandro "Alex" Hernandez announced his departure effective as of the date that Talen closes the strategic transactions contemplated by its chapter 11 plan of reorganization (the "Plan") and completes its restructuring. The Plan includes the infusion of new equity capital pursuant to a common equity rights offering of up to $1.55 billion (the "Equity Rights Offering"). The Equity Rights Offering is backstopped by various leading financial institutions that hold approximately $1.1 billion of Talen Energy Supply's ("TES") existing unsecured notes and will, in the aggregate, hold the substantial majority of the equity of Talen upon consummation of the Plan. The Plan and Equity Rights Offering investment achieves an approximately $3 billion reduction in TES' debt, provides for full repayment of TES' first lien funded debt, and the consensual equitization of all of TES' existing unsecured notes.

Key Points: 
  • Mr. Hernandez has served as CEO since 2021, President and Director of the Company since 2019, and previously as CFO from 2016 through 2021.
  • "I thank Alex for his leadership in guiding Talen successfully through the recapitalization and restructuring process.
  • We welcome Mac McFarland to Talen and look forward to a successful and orderly transition," commented incoming Talen Board Chairman Stephen Schaefer.
  • We formed the Cumulus growth business, which is driving the convergence between digital infrastructure assets and carbon free energy.

Smart Circuit Pioneer Lumin Appoints Industry Veteran Kellogg L. Warner as CEO

Retrieved on: 
Wednesday, September 7, 2022
Technology, Mobile, Wireless, Utilities, Apps, Applications, Alternative Energy, Energy, Construction & Property, Building Systems, Environment, Software, Hardware, Green Technology, Data Management, Consumer Electronics, Williams College, CEO, Technology, KEMA, DER, Learning, Multimedia, Electricity, Board of directors, Stanford University, AMS, Warner, Director, Industry, Renewable energy, Music, Luminant

Lumin , a pioneer and market leader for responsive load control and smart circuit technology, today announced the appointment of industry veteran Kellogg (Kelly) L. Warner as CEO and member of the Board of Directors.

Key Points: 
  • Lumin , a pioneer and market leader for responsive load control and smart circuit technology, today announced the appointment of industry veteran Kellogg (Kelly) L. Warner as CEO and member of the Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20220907005552/en/
    Kelly Warner joins Lumin as CEO (Photo: Business Wire)
    Lumin is poised for tremendous growth.
  • As the electric grid continues to evolve into a decentralized transactive structure, grid edge technologies are becoming the key enablers of this transition, explains Warner.
  • With more than three decades of energy industry experience, Warner brings extensive knowledge to the Lumin team.

CATALYZE DALLAS NAMES JON BENNETT CHIEF OF STAFF

Retrieved on: 
Wednesday, June 1, 2022
Citadel, Luminant, Leadership, Texas A&M University–Central Texas, Intellectual property, Research, Ernst & Young Entrepreneur of the Year Award, Policy, Fortune 500, Government, Senior, Investment, Oncor Electric Delivery, Ernst & Young, TXU Energy, Alpine, Acquisition, Metro, Principal, Communication, U.S. Global Leadership Coalition, Management, Electronics, Catalysis

DALLAS, June 1, 2022 /PRNewswire/ -- Catalyze Dallas has named Jon Bennett Chief of Staff, a new role at the company, which specializes in the commercialization of proven intellectual property from the nation's top defense and government research laboratories, as well as Fortune 50 companies.

Key Points: 
  • DALLAS, June 1, 2022 /PRNewswire/ -- Catalyze Dallas has named Jon Bennett Chief of Staff, a new role at the company, which specializes in the commercialization of proven intellectual property from the nation's top defense and government research laboratories, as well as Fortune 50 companies.
  • As Chief of Staff, Bennett will connect both work streams and leadership, easing communication and uniting teams to drive current and future Catalyze businesses forward.
  • In addition to helping identify promising market potential for new companies, Bennett will have clear views across every Catalyze entity and maintain relationships with all of the company's constituents.
  • "Jon has played an integral role in writing the Catalyze story and driving our success," said Tricia D'Cruz, Co-founder and Managing Director for Catalyze Dallas.

Global Fly Ash Markets, 2021-2026 by Type, Source Type, Application, Geography, Competitive Analysis and the Impact of Covid-19 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 16, 2021
Chemicals, Plastics, Manufacturing, Titan, Power station, Luminant, Competitive analysis, Waste management, Growth, Geography, USD, Coal, Silicon, Concrete, CAGR, Construction, Water, TITAN, Downhole oil–water separation technology, COVID-19, Fly ash, Impact, ST, Carbon, Cement, Hazardous waste, Agriculture, Mining, Application

The "Global Fly Ash Market (2021-2026) by Type, Source Type, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Fly Ash Market (2021-2026) by Type, Source Type, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
  • Fly ash is a reduced fine substance driven out after coal combustion, generally in thermal electric power plants.
  • However, concerns about material limitation, resistance from traditional builders towards using fly ash for construction, and poor fly ash quality may hinder the market growth.
  • By Type, the Fly Ash Market is classified into Class C and Class F.
    By Source Type, the Fly Ash Market is classified into Power Plants and Landfill/Pond.

Steve Horn Joins Crusoe Energy Systems as VP of Power Engineering and Operations

Retrieved on: 
Wednesday, October 27, 2021
Utilities, Oil, Gas, Environment, Alternative Energy, Energy, Data Management, Technology, Other Technology, Cloud, Engineering, LinkedIn, Technology, University, Entrepreneurship, Advisory board, Twitter, Computational biology, Chemical engineering, Luminant, Climate, Board, Environment, Growth, Artificial intelligence, Industrial engineering, Process, Wind, Renewable energy, Management

Crusoe Energy Systems Inc. (Crusoe) announces that Steve Horn has joined as Vice President of Power Engineering and Operations.

Key Points: 
  • Crusoe Energy Systems Inc. (Crusoe) announces that Steve Horn has joined as Vice President of Power Engineering and Operations.
  • Crusoe, the leading operator of Digital Flare Mitigation systems, is broadening its operations to encompass other forms of stranded or constrained energy, including wind and solar power.
  • Steve has an extensive background in power engineering and operations including large utility-connected renewable energy assets.
  • About Crusoe Energy Systems Inc.
    Crusoe Energy is on a mission to unlock value in stranded energy resources through the power of computation.

Luminant Honored with Award of Excellence for its Reclamation and Restoration of Previously Mined Land

Retrieved on: 
Friday, October 15, 2021
Water resources, Environment, OSM, Man, VST, Morgan, Coal, Pond, Luminant, Woman, Marketing, Mining, Electricity, NYSE, Multimedia, Soil, Railroad Commission of Texas, Forest, Natural gas, ESG, Office of Surface Mining Reclamation and Enforcement, Wetland, Oil, Uranium

The award recognizes companies that achieve the most exemplary coal mine reclamation in the nation.

Key Points: 
  • The award recognizes companies that achieve the most exemplary coal mine reclamation in the nation.
  • "This award is a testament to our long history of applying sound science and agricultural practices in our mine reclamation efforts," said Vistra CEO Curt Morgan.
  • The area's total amount of wetlands, ponds, and streams grew from 35 acres pre-mining to 226 acres following reclamation.
  • Luminant has a long history of environmental stewardship, reclaiming land long before federal or state law required it.

Xcel Energy Names Bob Frenzel as New CEO

Retrieved on: 
Thursday, August 19, 2021
Energy, Other Energy, Utilities, Oil, Gas, Industry, Luminant, University, Arthur Andersen, United States Department of the Navy, University of Chicago Booth School of Business, Twitter, Technology, Institute, Accounting, NEI, Edison Electric Institute, Engineering, Business, American Gas Association, Leadership, Board of directors, Director, Holtec International, Nuclear Energy Institute, Marquette University, United States Navy Reserve, National Infrastructure Advisory Council, Multimedia, Frenzel, Board, United States, NASDAQ, Carbon, Risk, Wind, Partnership, XEL, CEO, Energy Future Holdings, Goldman Sachs, Navy, Xcel Energy, Patterson Companies, Georgia Tech, Steel, Management, Renewable energy

Xcel Energy announced today that Bob Frenzel has been appointed president and CEO of the company.

Key Points: 
  • Xcel Energy announced today that Bob Frenzel has been appointed president and CEO of the company.
  • Ben Fowke, the current chairman and CEO will remain at Xcel Energy as executive chairman of the Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20210819005169/en/
    I am humbled and honored today to take over as CEO of Xcel Energy.
  • As executive chair of Xcel Energy, Fowke will focus on national energy policy and will continue to work closely with Frenzel.

Environmental Groups, Illinois Power Resources Generating, LLC Propose Settlement Agreement to Retire Edwards Coal Plant and Fund Community Projects

Retrieved on: 
Monday, September 16, 2019
Luminant, California, United States, Natural Resources Defense Council, Sierra Club, Energy, New York Stock Exchange

IPRG and Edwards look forward to continuing to provide reliable power for Illinois for the next three years while supporting the communities where our employees live and work."

Key Points: 
  • IPRG and Edwards look forward to continuing to provide reliable power for Illinois for the next three years while supporting the communities where our employees live and work."
  • Luminant, a subsidiary of Vistra Energy (NYSE: VST), is a competitive power generation business, including mining, wholesale marketing and trading, and development operations.
  • The Sierra Club is America's largest and most influential grassroots environmental organization, with more than 3.5 million members and supporters.
  • The Natural Resources Defense Council (NRDC) is an international nonprofit environmental organization with more than 3 million members and online activists.