Luminant, TXU Exit Chapter 11 As One Competitive Company

Competitive power producer Luminant and retail energy provider TXU Energy – with 17,000 megawatts (MW) of generation and nearly 1.7 million retail customers, respectively – have emerged from Chapter 11 bankruptcy as a new company called TCEH, their parent company Energy Future Holdings (EFH) announced on October 4.

Texas Doubles Electricity Price Cap; UK’s EDF Energy Hikes Prices

Texas Doubles Electricity Price Cap; UK’s EDF Energy Hikes Prices

Texas regulators have voted to double the price cap for wholesale electricity over the next three years, according to media reports. In a move to encourage investment in new generation, the Public Utility Commission of Texas unanimously approved raising the cap to $5,000 a megawatt-hour … Read more…

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