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Court Finds CFTC RTO/ISO Exemptive Order Bars CEA § 22 Private Right of Action, but More to Come from the CFTC

Court Finds CFTC RTO/ISO Exemptive Order Bars CEA § 22 Private Right of Action, but More to Come from the CFTC Can private litigants bring claims under the Commodity Exchange Act alleging manipulation in ERCOT’s energy markets? On February 3, the U.S. District Court for the Southern District of Texas answered “no,” granting defendants’ motion … Continue reading Court Finds CFTC RTO/ISO Exemptive Order Bars CEA § 22 Private Right of Action, but More to Come from the CFTC

Calpine exec says ERCOT power market ‘balanced on a razor’s edge’

Calpine exec says ERCOT power market ‘balanced on a razor’s edge’ The Electric Reliability Council of Texas wholesale power market is “balanced on a razor’s edge” as the region’s “economic reserve margin” slides to near 10%, Steven Pruett, Calpine’s chief commercial officer, said Friday. During Calpine’s fourth-quarter 2014 earnings call with analysts, Pruett said the … Continue reading Calpine exec says ERCOT power market ‘balanced on a razor’s edge’

Analysis: Developers study 5.3GW of solar in Texas

Analysis: Developers study 5.3GW of solar in Texas Houston , 13 February (Argus) — Solar generation under study by developers in Texas has doubled in the past year, spurred by more-favorable project economics and the risk of less-favorable federal and state incentives. At 5,300MW, solar projects represent less than 9pc of the total 62,000MW in … Continue reading Analysis: Developers study 5.3GW of solar in Texas

Factbox: U.S. court dismisses GDF power market manipulation complaint

Factbox: U.S. court dismisses GDF power market manipulation complaint (Reuters) – A U.S. federal judge has dismissed an amended complaint by two commodity trading firms alleging that French energy company GDF Suez SA manipulated power markets in Texas. Officials at GDF were not immediately available for comment on whether the order, entered Feb. 4, ended … Continue reading Factbox: U.S. court dismisses GDF power market manipulation complaint

CenterPoint Energy smart grid investment delivers benefits for consumers, environment

CenterPoint Energy smart grid investment delivers benefits for consumers, environment Five years after receiving one of only six $200 million Smart Grid Investment Grants awarded by the United States Department of Energy (DOE), CenterPoint Energy (NYSE: CNP) continues to deliver valuable benefits to consumers and the environment through the company’s Advanced Metering System (AMS) and … Continue reading CenterPoint Energy smart grid investment delivers benefits for consumers, environment