ERCOT’s summer 2016 reserves shrinking

Platts

The Electric Reliability Council of Texas’ latest Seasonal Assessment of Resource Adequacy shows a dwindling level of reserves in excess of forecast summer peakload, compared with December and March forecasts for this summer, but officials say it is “enough.”
On Tuesday, ERCOT released its final SARA for the summer of 2016, preliminary SARA for the …

Energy Future Holdings Files Second Bankruptcy Plan

The Texas Tribune

by Jim Malewitz
Energy Future Holdings, Texas’ largest power company, is going back to the drawing board in its efforts to emerge from one of the largest corporate bankruptcies in American history.
The conglomerate filed a second plan to shed tens of billions of dollars of debt on Sunday, five months after a Delaware bankruptcy judge approved an original plan that fizzled. …