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Stock impact report

NRG Applies to the Texas Energy Fund to Bring Essential Dispatchable Power to ERCOT

NRG Energy, Inc. (NRG) 
Last nrg energy, inc. earnings: 11/7 07:06 am Check Earnings Report
US:NYSE Investor Relations: investors.nrg.com
Company Research Source: Business Wire
Three new shovel-ready projects totaling more than 1,600 megawatts that we believe are among the few that can be completed this decade.Timely approval will enable NRG to deliver essential, dispatchable generation to ERCOT as early as summer 2026. HOUSTON--(BUSINESS WIRE)--Today, NRG Energy Inc. (NYSE: NRG) submitted the first of three loan applications to the Texas Energy Fund (TEF) to develop the previously announced 1,600 megawatts (MW) (1.6 Gigawatts) of new quick-start natural gas power generation in the Electric Reliability Council of Texas (ERCOT). The TEF is administered by the Public Utility Commission of Texas (PUCT).This first application is for a new 721 MW natural gas combined cycle unit at NRG’s Cedar Bayou plant in Baytown, Texas. In the coming weeks, the company plans to submit applications for two quick-start natural gas peaking projects near Houston: the 455 MW project at TH Wharton and the 456 MW unit at Greens Bayou. NRG anticipates that these three projects will Show less Read more
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