The headquarters will be in the Greenway Plaza location where the company's residential energy and upstream business are now based.
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In 2000, the company was acquired by Centrica, the UK-based parent of British energy retailer British Gas.
Since the onset of Texas electricity deregulation in 2002, the regional ex-utility companies active in the Texas power market -- i.e., TXU Energy in north Texas, Reliant Energy in southeast Texas and Direct Energy in coastal and west Texas—continue to retain roughly 60% of their pre-deregulation former monopoly residential bases.
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However, as the magnitude of the Seebeck coefficient increases with phonon drag, it may be beneficial in a thermoelectric material for direct energy conversion applications.