Reported Earlier, NRG Submits Texas Energy Fund Application To Strengthen ERCOT's Dispatchable Power Capacity
Portfolio Pulse from Benzinga Newsdesk
NRG has submitted an application to the Texas Energy Fund to strengthen ERCOT's dispatchable power capacity with three new projects totaling over 1,600 megawatts. These projects are expected to be completed by summer 2026, pending timely approval.
June 11, 2024 | 7:05 am
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NRG has applied to the Texas Energy Fund to enhance ERCOT's power capacity with three new projects totaling over 1,600 megawatts. If approved, these projects could be operational by summer 2026.
The approval of NRG's application could significantly enhance its revenue and market position by increasing its power generation capacity. The timely completion of these projects would also strengthen ERCOT's power grid, potentially leading to positive investor sentiment.
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