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David Crane, president and chief executive officer of NRG Energy, Inc. ,  looks at Solar panels above a parking lot at Arizona State University in Tempe, Arizona Tuesday June 11, 2013. (Laura Segall/ Bloomberg News)

NRG Energy makes management shifts amid sinking stock

NRG President and CEO David Crane bemoaned the “unabated selloff in our stock” earlier in November.
Wind turbines stand in this aerial photograph taken above the Haengwon Wind Farm in Jeju, South Korea, on Sunday, June 28, 2015. South Korea’s 15 trillion won ($13.3 billion) extra budget will channel money to the medical and tourism sectors as the Park administration seeks to cushion the impact of a deadly respiratory disease. Photographer: SeongJoon Cho/Bloomberg

GE launches new renewable energy business

The new business unit is heavily focused on wind power and turbine manufacturing.
Duke Energy employees work on power lines in Charlotte, N.C.  AP Photo/Chuck Burton, File)

Duke Energy buying Piedmont Natural Gas $4.9 billion

The Charlotte, North Carolina, companies are key partners in the $5 billion Atlantic Coast Pipeline that will be the first major natural gas pipeline to serve the eastern part of the state.
Tesla Battery Storage

Commentary: Why The $5 Billion Battery Plan Went Nowhere

The sticking point is that under the Texas electric deregulation law, transmission and distribution utilities cannot own generation assets.
Bill Magness, current general counsel for ERCOT, will take over for retiring CEO Tripp Doggett. (ERCOT)

ERCOT names new CEO to lead the Texas power grid

The ERCOT Board of Directors selected Bill Magness on Tuesday as its next president and CEO.
(Bill Montgomery/Houston Chronicle)

Texas breaks another record for power use for the second time in two days

The Electric Reliability Council of Texas, which runs the state’s electric grid, said the preliminary estimate for power demand during that hour was the highest it has ever recorded.
NRG Energy Inc. Vice President Nuclear Oversight, James von Suskil speaks during a scheduled refueling outage on Unit 2 at the South Texas Project nuclear power facility Thursday, April 2, 2015, in Wadsworth.
( James Nielsen / Houston Chronicle )

NRG stock drops sharply after earnings loss

NRG’s stock briefly dipped below $20 a share Tuesday for the first time since 2012 but jumped back up in the afternoon.
(Jason Alden/Bloomberg)

Texas grid operator asks consumers to limit electricity use after record-breaking demand on Wednesday

Parts of the country, including Texas, were sweltering under a heat wave on Wednesday, with about 35 million people subject to heat advisories.
A wind farm in West Texas, outside of Roby. (Photo courtesy Rational Middle Media)

One of Texas’ biggest winds farms is getting an upgrade

North Carolina-based Duke Energy said it will replace the wind farm’s lead acid battery storage system with lithium-ion technology in 2016 for better performance. Duke owns the Notrees Windpower Project that includes 95 wind turbines and generates 153 megawatts of electricity — enough to power 46,000 homes.
(AP Photo/Paul Sakuma)

Calpine adds two new top executives

The Houston-based power company named W.G. “Trey” Griggs III as its new executive vice president and chief commercial officer. Griggs was a managing director at Goldman Sachs & Co. In his new position at Calpine, Griggs will oversee the trading, origination, development and commercial analytics groups and report to CEO Thad Hill.