CPS Energy

CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]

The largest municipally-owned electric and gas utility in the U.S. will close its remaining coal-fired power units by 2030. The board of trustees for San Antonio, Texas-based CPS Energy on Jan. 23 voted 4-1 to approve a plan to shutter the last two coal-burning units at the J.K. Spruce power plant. The plan, known as […]

SAN ANTONIO, Texas (Sept. 21, 2022) — CPS Energy, the largest municipally owned electric and natural gas utility in the United States, has reached an agreement with Kenlov Ashtrom Renewable Energy LLC (KARE), a subsidiary of Kenlov Renewable Energy and Ashtrom Renewable Energy, for the purchase of 180 megawatts (MW) of solar energy. The project, […]

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore installing up to 15 MW of geomechanical pumped storage (GPS). The agreement will kick off with a pioneering 1-MW project that will pump water into drilled wells and store it under […]

SAN ANTONIO, Texas (Oct. 8, 2018) — CPS Energy has taken a major step in using new technology to produce emission-free renewable energy during high energy use days. This focus on reliability, environmental stewardship and innovation was announced today as Greater San Antonio’s natural gas and electric provider broke ground on their first solar energy and battery […]

The CEO of Texas-based CPS Energy said March 6 that the utility wants to generate at least 50% of its power from renewable sources by 2040, part of a plan that includes the addition of 550 MW of battery storage, as it looks to reduce its dependence on fossil fuels. But the city-owned San Antonio […]

  Even though it may dominate forecasts, natural gas–fired generation faces a troubled expansion in the U.S., according to experts from a variety of stake-holding entities—including an industry group, a utility, a generator, and a pipeline company. Challenges that have few solutions—from price volatility, to gas transport concerns, to rule uncertainty—may upend the nation’s dependence […]

San Antonio’s CPS Energy on Monday announced a new agreement to buy power from Summit Power’s  proposed integrated combined cycle coal gasification (IGCC) plant that will include carbon capture, utilization, and storage. The municipally owned utility will buy 200 MW of power from the the Texas Clean Energy Project (TCEP), which is about half the […]