NRG Energy, Inc., an integrated power company, produces, sells, and delivers energy and energy products and services in various power markets in the United States. The company owns and operates approximately 50,000 megawatts (MWs) of generation; engages in the trading of wholesale energy, capacity and related products; transacts in and trades fuel and transportation services; and directly sells energy, services, and products and services to retail customers under the name ‘NRG’, ‘Reliant’, and other retail brand names owned by the company. Businesses The company’s core businesses include wholesale conventional generation and B2B solutions (included in the NRG Business segment); retail electricity, including personal power solutions (included in the NRG Home Retail segment); contracted generation owned by NRG Yield, Inc. (included in the NRG Yield segment); and all other renewable utility scale and distributed generation that is not otherwise owned by NRG Yield, Inc. (included in the NRG Renew segment). In addition, the company identifies Home Solar as a separate business (included in the NRG Home Solar segment). Wholesale Generation The company’s wholesale power generation business includes the company's wholesale operations including plant operations, commercial operations, EPC, energy services and other critical related functions. In addition to the traditional functions, the wholesale power generation business also includes NRG’s B2B solutions, which include demand response, commodity sales, energy efficiency and energy management services, and NRG’s conventional distributed generation business, consisting of reliability, combined heat and power, thermal and district heating and cooling and large-scale distributed generation. The company has diversified power generation portfolios in the U.S., with approximately 44,642 MW of fossil fuel and nuclear generation capacity at 90 plants as of December 31, 2015. The company has generation assets located in or near Houston, New York City, Chicago, Washington D.C., New Jersey, southwestern Connecticut, Pittsburgh, Cleveland, and the Los Angeles, San Diego, and San Francisco metropolitan areas. The company has approximately 3,397 MW targeted for repowering and conversion initiatives, all of which is under development or construction. In addition, the company evaluates opportunities for development of new generation, on both a merchant and contracted basis. As such, the majority of the company's current developments are in response to request for proposals (RFPs) for new generation and/or generating capacity backed by contracts with credit-worthy counterparties. Many RFPs are issued by regulated utilities or electric system operators in response to reliability or renewable power mandates. The company competes against other power plant developers when responding to these RFPs. The company's B2B solutions focus on providing distributed products and services as businesses seek reliability, cleaner power or other benefits that they cannot obtain from the grid. These solutions include system power, distributed generation, solar and wind products, carbon management and specialty services, backup generation, storage and distributed solar, demand response and energy efficiency and electric vehicle charging stations. In providing on-site energy solutions, the company benefits from its ability to supply energy products from its wholesale generation portfolio to commercial and industrial retail customers. The company also provides energy services, including operations, maintenance, technical, development and asset management services to its own facilities and to external customers. Home Retail The company's retail business provides home energy and related services, as well as personal power to consumers through various brands and channels across the U.S. In 2015, the retail business delivered approximately 43 terawatt hours and had approximately 2.77 million recurring customers, and approximately 624,000 discrete customers of products and services. The majority of the company's retail business sales come in the retail energy markets of Connecticut, Delaware, Il
nrg energy inc (NRA:Frankfurt)
211 Carnegie Center
Princeton, NJ 08540
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