Vistra’s acquisition continues a trend in which the state’s largest retail electric providers have acquired smaller ones. _______________________________________________ Marking a further consolidation of the Texas retail electric market, Vistra, the parent...
Almost all of the surveyed electric utilities had gross capital additions that were higher than ever. _______________________________________________ Each year, the Texas Public Utility Commission releases a report tracking reliability-related spending by the state’s...
The extent of Elliott’s control may be subject to two different confidentiality agreements between the utility and the hedge fund, according to the complaint. ________________________________________________ CenterPoint Energy failed to disclose the details of...
A company error led to a massive wholesale power price spike. ________________________________________________ A multi-million-dollar regulatory complaint against ERCOT and relating to a massive wholesale power price spike has been dismissed by Texas...
Hurricane Laura caused extensive damage in East Texas. ________________________________________________ Although it made landfall outside the state, Hurricane Laura knocked out power for hundreds of thousand customers within Texas and wreaked havoc on the local...
By 2030, EVs could comprise as much as 15 percent of Texas vehicles. ________________________________________________ In recent years, electric industry regulators nationwide have contended with issues arising from electric vehicles. The Texas Public Utility...