Proposed Texas Generation, Which Did Not Advance Under In-ERCOT Loan Program Selection, Clarifies Applicant With Eye Toward Reconsideration (Includes Minor Investment From Retail Supplier Affiliate)

Paul Ring | Source: Energy Choice Matters | Posted 10/18/2024

Keyword Tags:

"AP is ready to immediately re-engage with the TEF process, should Commission Staff consider the near-term addition of applicants to be added to the Portfolio," Advanced Power Services said  


AI generated summary

Advanced Power Services (NA) Inc. submitted a letter to the Texas PUC regarding the Stone Creek Peaker project for the Texas Energy Fund In-ERCOT Loan Program, clarifying that they, not Mercuria Investments US, Inc., are the applicant for the project. The project, sponsored by Advanced Power Services on behalf of Stone Creek Peaker LLC, is a subsidiary of Advanced Power Services, with Mercuria Investments US, Inc. listed as a minority, passive equity investor in the application.

Advanced Power Services expressed concern that its project may not have been selected for due diligence round by the PUC due to the criteria of only advancing one project per applicant for portfolio diversity. However, they clarified that Mercuria is not the applicant for the project and are prepared to re-engage with the TEF process if additional applicants are considered for the portfolio. Notably, a Mercuria entity, Amber Energy Services, LLC, holds an Option 2 REP certificate in Texas.



Link to Original Article

Please find the link to the full article below. (Please note that content provider might require a paid subscription)


Source Link: https://tinyurl.com/energy-choice-matters-APS

Create a free trial account: Sign Up

Grid monitor is free to try. No credit card required


Already have an account? Login

Most Active PUCT Filings

JOINT APPLICATION OF THE CITY OF SAN ANTONIO, ACTING BY AND THROUGH THE CITY PUBLIC SERVICE BOARD (CPS ENERGY), AND SOUTH TEXAS ELECTRIC COOPERATIVE, INC. (STEC) TO AMEND THEIR CERTIFICATES OF CONVENIENCE AND NECESSITY FOR THE PROPOSED HOWARD ROAD-TO-SAN MIGUEL 345-KV TRANSMISSION LINE IN BEXAR AND ATASCOSA COUNTIES - (36 filings)

CY 2024 ELECTRIC UTILITY TRANSMISSION CONSTRUCTION REPORTS UNDER 16 TAC § 25.83 - (36 filings)

REPORT ON DISPATCHABLE AND NON-DISPATCHABLE GENERATION FACILITIES - CY2024 - (34 filings)

COST RECOVERY FOR SERVICE TO DISTRIBUTED ENERGY RESOURCES (DERS) - (33 filings)

BROKER REGISTRATIONS - (33 filings)

APPLICATION OF TEXAS-NEW MEXICO POWER COMPANY FOR APPROVAL OF A SYSTEM RESILIENCY PLAN - (32 filings)

APPLICATION OF ENTERGY TEXAS, INC. TO AMEND ITS CERTIFICATE OF CONVENIENCE AND NECESSITY TO CONSTRUCT A PORTFOLIO OF DISPATCHABLE GENERATION RESOURCES - (31 filings)