Energy in Texas

Green Mountain Energy Applies to Enter Arizona’s Electricity Market, Offers 100 Percent Renewable Energy

Retrieved on:

Wednesday, August 4, 2021

Other Consumer, Environment, Women, Other Energy, Utilities, Men, Alternative Energy, Energy, Family, Consumer, Articles, Energy in Texas, Green Mountain Energy, Renewable energy, Sustainable energy

They deserve the freedom to choose clean energy, now, said Mark Parsons, vice president and general manager of Green Mountain.

Key Points:

They deserve the freedom to choose clean energy, now, said Mark Parsons, vice president and general manager of Green Mountain.
We applaud the Corporation Commission for recognizing the importance of renewable energy in working toward a cleaner planet, and Green Mountain can help accelerate their timeline.
As an Arizona provider, Green Mountain will help advance the Commissions long-standing policy objective of increasing the use of renewable energy.
Green Mountain Energy Company is the nations longest serving renewable energy retailer and believes in using wind, sun and water for good.

More Interregional Transmission Could Have Saved Nearly $1 Billion, Preserved Power for 200,000 Homes During Texas Freeze

Retrieved on:

Thursday, July 22, 2021

Electricity, Electromagnetism, Electric power, Electric Reliability Council of Texas, Energy in Texas, Electric power transmission systems, Electric power distribution, Electric power transmission, Electrical grid

The report, Transmission Makes the Power System Resilient to Extreme Weather, details the value additional transmission would have provided during five severe weather events in Texas, the Northeast and the Midwest between 2014 and 2021.

Key Points:

The report, Transmission Makes the Power System Resilient to Extreme Weather, details the value additional transmission would have provided during five severe weather events in Texas, the Northeast and the Midwest between 2014 and 2021.
"This report demonstrates that we are already paying an enormous price for our lack of interregional transmission, and that the benefits of a robust transmission grid would quickly surpass the cost of constructing new lines.
Texas heat wave in August 2019 Each additional GW of transmission ties between ERCOT and the Southeastern U.S. could have saved consumers nearly $75 million.
Transmission Makes the Power System Resilient to Extreme Weather was commissioned by ACORE and authored by Grid Strategies LLC.

Start-up Texas REP Inks Partnership with EC Infosystems

Retrieved on:

Tuesday, July 13, 2021

Technology, Consulting, Other Energy, Utilities, Other Technology, Professional services, Software, Small business, Energy, Data management, Energy in Texas, Electric Reliability Council of Texas

The Dallas-based retail energy provider will focus on the Texas market, serving primarily residential and small to midsize commercial customers.

Key Points:

The Dallas-based retail energy provider will focus on the Texas market, serving primarily residential and small to midsize commercial customers.
When new deregulated energy providers enter the Texas market and seek to establish their back-office infrastructure, EC Infosystems is a natural choice as clients can leverage our 24-year industry experience commitment to serving the ERCOT market, says EC Infosystems President and CEO, Mohan Wanchoo.
The company has an aggressive timeline for market entry, supported by EC Infosystems extensive background in Texas deregulation, local presence, and out-of-the-box UtiliBill Billing/CIS platform that is scalable from the start-up to established retailer phases.
This emphasis on deepening our partnerships through continuous innovation is a cornerstone of EC Infosystems business model.

Study Finds Majority of Texans Concerned About Texas Power Grid Handling Summer Heat

Retrieved on:

Tuesday, June 22, 2021

Energy in Texas, Electric Reliability Council of Texas, States of the United States, United States, Texas Power, Texas, Texas Interconnection

TEXAS, June 22, 2021 /PRNewswire/ --As June 20 officially kicked off summer and brutal temperatures set in, a new survey showed that 68% of Texans don't trust ERCOT and the Texas power grid to avoid failing in the summer heat.

Key Points:

TEXAS, June 22, 2021 /PRNewswire/ --As June 20 officially kicked off summer and brutal temperatures set in, a new survey showed that 68% of Texans don't trust ERCOT and the Texas power grid to avoid failing in the summer heat.
That's bad news for the 85% of Texans who said they can't live without air conditioning during Texas summers.
Renewable energy provider Rhythm conducted the recent survey of 804 Texans, which revealed Texas residents' apprehension over rising energy costs and potential power outages.
ERCOT recently asked Texas households to conserve energy as rising temperatures and generation outages create instability in the power grid with summer approaching.

Just Energy Announces Texas Legislation Providing Recovery Mechanism for Certain Costs of the Texas Winter Weather Event

Retrieved on:

Friday, June 18, 2021

Energy in Texas, TerraPass, Just Energy, Electric Reliability Council of Texas, Amigo Energy, Economy of the United States

HB 4492 provides that ERCOT request that the Public Utility Commission of Texas (the Commission) establish financing mechanisms for the payment of the Costs incurred by load-serving entities, including Just Energy.

Key Points:

HB 4492 provides that ERCOT request that the Public Utility Commission of Texas (the Commission) establish financing mechanisms for the payment of the Costs incurred by load-serving entities, including Just Energy.
The timing of any such request by ERCOT, the details of the financing mechanism and the process to apply for recovery of the Costs are undetermined at this time.
About Just Energy Group Inc.
Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers.
Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and terrapass.

CPS Energy Announces Key Milestones In Case Against ERCOT

Retrieved on:

Thursday, May 27, 2021

Energy in Texas, Electric Reliability Council of Texas, CPS Energy, Economy of the United States

ERCOT has asked the Court to move the case against ERCOT to Travis County, where ERCOT is headquartered.

Key Points:

ERCOT has asked the Court to move the case against ERCOT to Travis County, where ERCOT is headquartered.
Second, CPS Energy successfully defeated ERCOT's attempt to have the Court claim dismissed on the basis that CPS Energy did not have a valid legal basis for the case to be heard in a Texas Court.
"We are pleased that Judge Casseb gave CPS Energy the opportunity to present our case against ERCOT to the residents of Greater San Antonio.
CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation.

Climate Impact Capital Leads Investment in Micro-grid Resiliency

Retrieved on:

Wednesday, May 26, 2021

Energy in Texas, Electric Reliability Council of Texas, Climate risk, Climate change, Articles, Nature, Earth

HOUSTON, May 26, 2021 /PRNewswire/ -- Climate Impact Capital, LLC is pleased to announce leading the closing of a Pre-Series A round of $1.3 Million, into 60Hertz .

Key Points:

HOUSTON, May 26, 2021 /PRNewswire/ -- Climate Impact Capital, LLC is pleased to announce leading the closing of a Pre-Series A round of $1.3 Million, into 60Hertz .
At a time when only 2.8% of venture capital goes to female-founded start-ups, 60Hertz is already a success story.
"Maintenance is a critical element of ensuring grid resiliency, as we saw during the near-collapse of the Texas ERCOT grid early in 2021," said Alex Rozenfeld , the Founder of Climate Impact Capital.
Focusing on climate change risks, CIC identifies resiliency opportunities and prepares our partners, customers, and portfolio companies for a world challenged by climate variability and resource scarcity.

CPS Energy Strengthens Lawsuit Against ERCOT In Light Of Recent Actions; Court Grants Temporary Restraining Order Preventing ERCOT From Passing On Unlawful Charges

Retrieved on:

Friday, April 30, 2021

Energy in Texas, Electric Reliability Council of Texas, CPS Energy, CPS, Economy of the United States

In addition to the filing of the amended complaint, the Court granted CPS Energy\'s request for a temporary restraining order, further protecting its customers from ERCOT\'s latest attempt to pass on unlawful charges.\nCPS Energy is a municipally owned utility.

Key Points:

In addition to the filing of the amended complaint, the Court granted CPS Energy\'s request for a temporary restraining order, further protecting its customers from ERCOT\'s latest attempt to pass on unlawful charges.\nCPS Energy is a municipally owned utility.
The money the company makes stays in San Antonio, Texas and ultimately gets reinvested back into operational and service improvements.\n"Texas prides itself on being an energy state.
To help correct this problem, CPS Energy will continue to work tirelessly to put its customers first.
CPSEnergy will also provide relevant updates, as major developments occur.\nPrevious updates about how CPS Energy is working to protect customers can be found here:\n'

Vistra to Report Updated Financial Impact of Winter Storm Uri and Reissue 2021 Guidance on April 26, 2021

Retrieved on:

Friday, April 23, 2021

Finance, Money, Economy, Energy in Texas, Electric Reliability Council of Texas, Oil, Investor, Uri, Conference call, New York Stock Exchange

b'IRVING, Texas, April 23, 2021 /PRNewswire/ --Vistra (NYSE: VST) will host an investor call on Monday, April 26, 2021, to provide updated 2021 guidance, including an update on the financial impact of Winter Storm Uri, and to discuss near-term capital allocation plans.

Key Points:

b'IRVING, Texas, April 23, 2021 /PRNewswire/ --Vistra (NYSE: VST) will host an investor call on Monday, April 26, 2021, to provide updated 2021 guidance, including an update on the financial impact of Winter Storm Uri, and to discuss near-term capital allocation plans.
As soon as we received and processed the likely final substantive information driving the financial impacts of the storm from ERCOT, we decided to hold an investor call to provide an update.
Participants can also listen by phone by dialing (833) 287-0796 and referencing conference ID 4987178.
The investor call to provide this business update will take the place of Vistra\'s regularly scheduled first quarter 2021 financial and operating results conference call.\n'

Rayburn Electric Cooperative Goes Live with PCI’s Cloud Platform to Meet its Member Billing Requirements

Retrieved on:

Wednesday, April 14, 2021

b'Rayburn Electric Cooperative, (\xe2\x80\x9cREC\xe2\x80\x9d or \xe2\x80\x9cRayburn Electric\xe2\x80\x9d), has gone live with PCI\xe2\x80\x99s Enterprise Platform to manage its member billing and settlement validation requirements in the Electric Reliability Council of Texas (ERCOT) power market.\nAs part of this new partnership, PCI deployed its specifically tailored, cloud-based, integrated platform to replace Rayburn Electric\xe2\x80\x99s legacy system and several in-house applications.

Key Points:

b'Rayburn Electric Cooperative, (\xe2\x80\x9cREC\xe2\x80\x9d or \xe2\x80\x9cRayburn Electric\xe2\x80\x9d), has gone live with PCI\xe2\x80\x99s Enterprise Platform to manage its member billing and settlement validation requirements in the Electric Reliability Council of Texas (ERCOT) power market.\nAs part of this new partnership, PCI deployed its specifically tailored, cloud-based, integrated platform to replace Rayburn Electric\xe2\x80\x99s legacy system and several in-house applications.
PCI\xe2\x80\x99s Platform offers unmatched functionality for public power entities to optimize their generation and transmission portfolios, including co-optimization of Energy Storage Systems (ESS) in wholesale power markets.\nRayburn Electric Cooperative (Rayburn Electric) is a non-profit generation and transmission electric cooperative, formed in 1979 by seven distribution cooperatives in Northeast Texas.
It is a source of adequate, reliable, and affordable wholesale electric energy that meets the needs of its members.
All Rayburn Electric operations comply with not only ERCOT, but also with the Public Utilities Commission of Texas, North American Electric Reliability Corporation (NERC), and Federal Energy Regulatory Commission (FERC).