Elliott
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Energy Security
FERC: Improved Preparations Mitigated January Winter Storms, Resulting in No Load Shed
Reliability measures implemented after Winter Storm Uri and Elliott were largely effective at averting distress on the power and natural gas systems during two severe arctic storms that swept across North America in quick succession in January, staff from the Federal Energy Regulatory Commission (FERC) and the North American Reliability Corp. (NERC) have reported. During […]
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Business
NRG Energy Replaces CEO in Activist Investor–Influenced Shuffle
NRG Energy has appointed the chair of its board of directors, Dr. Lawrence Coben, as its interim president and CEO and appointed four new independent directors to its board, signaling a major leadership reshuffle partly influenced by activist investor firm Elliott Investment Management. The Houston-headquartered energy giant on Nov. 20 said Mauricio Gutierrez, NRG’s long-time and […]