Closing of Texas Power Plant Leaves Summer Power Prices Uncertain

The Gibbons Creek Generating Station in Central Texas will not operate this summer, as reported here by the Houston Chronicle. The plant’s closure represents a loss of 470 megawatts of power. The closure will severely impact the amount of reserve power available to handle demand surges during the hot summer months, leaving the state with just a 7.4 percent margin instead of ERCOT’s goal of 13.7 percent.

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EIA Reports 2018 Increase in Wholesale Power Prices

Wholesale power prices were 14 to 60 percent higher in 2018 than in 2017, according to a report released by the U.S. Energy Information Administration (EIA). The exact amount of increase depended upon the region, with the ERCOT electricity market in Texas reflecting the highest increase in power prices.

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Are You Sure The Price Is Right? An Electricity Pricing Checklist

When you open your ESCO, you may have a series of goals and a plan to grow your portfolio to earn great profits. Whether you are looking at a variable portfolio that is heavy on residential or a long-term, fixed-price book, proper pricing becomes the key to achieving that success. No matter what strategy you choose to pursue, the key to it all is making sure you build your price properly. You can’t miss on any charges, because if you do, you could possibly end your whole endeavor before you even get started.

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Partnership Between Carbon Creek and Xpansiv Provides Energy Markets with Unprecedented Frack-Free Natural Gas

GP Energy Management and Carbon Creek Energy are proud to announce a first-of-its kind sale in commodities markets that represents a paradigm shift in the energy industry—Frack-Free Natural Gas Certificates. Carbon Creek has entered into a contract with East Coast Power & Gas, a regional energy services company, to deliver a groundbreaking product in a multi-year deal.

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