NRG Energy said Thursday it is expecting a tightening of the Electric Reliability Council of Texas power market as new plant build delays and cancellations as well as retirements lower the reserve margin in 2018 to a projected 11.3%.
ERCOT’s reserve margin as of May 2017 was 18.9%.
In an earnings conference call, NRG Energy CEO Mauricio Gutierrez said that the 12-month average year over year weather normalized demand growth in …
by Andy Duehren
Shopping for electricity is becoming cheaper for most Texans, according to a new study from the Texas Coalition for Affordable Power. But for those who live in an area with only one electricity provider, prices have increased in a recent 10-year period, the study says.
About 85 percent of Texans can purchase electricity from a number of providers in a deregulated marketplace, while the remaining 15 percent must buy power from a single provider in their area. The report from the Texas Coalition for Affordable Power, which advocates for cities and local governments and negotiates their power …