Houston — Weaker natural gas prices offset heavier peakloads to push day-ahead on-peak locational marginal prices lower in Electric Reliability Council of Texas markets this July, compared with July 2019, but prices were higher month on month, mainly because of…
Category: Electricity
NRG Energy to acquire Centrica’s Houston-based Direct Energy for $3.6B
NRG Energy Inc. (NYSE: NRG), which has dual headquarters in New Jersey and Houston, will acquire Houston-based Direct Energy for more than $3.6 billion in cash, according to a July 24 press release. Direct Energy has been a subsidiary of…