Texas
ERCOT CEO Bill Magness told the Board of Directors the grid operator finished 2019 with a net positive variance of $35.4 million.
Texas regulators approved a stipulated settlement of a CenterPoint Energy rate case that was a little more than 8% of the utility’s original request.
The Texas Public Utility Commission approved modifications to proposed transmission lines necessary to integrate Lubbock Power & Light load into ERCOT.
The Texas Public Utility Commission approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric after staff proposed ring-fencing measures.
Faced with a deadline to rule on J.P. Morgan’s $4.3 billion purchase of El Paso Electric, the Texas PUC will take the matter up during its next meetings.
El Paso Electric and the investment funds seeking to buy the utility have reached a settlement with most of the parties, they told the Texas PUC.
Texas' PUC denied El Paso’s request for an extension of settlement negotiations, maintaining the agreement deadline in the acquisition of El Paso Electric.
Beth Garza is stepping down as director of ERCOT’s Independent Market Monitor under pressure from the Texas Public Utility Commission.
Storage industry and assorted regulators, financiers, and utility and RTO representatives gathered for the GreenTech Media Energy Storage Summit 2019.
The Texas PUC’s hearing on a $4.3 billion private equity bid for El Paso Electric has been postponed to allow time for the parties to reach a settlement.
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