UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 1)*

                                NRG ENERGY, INC.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, $0.01 Par Value Per Share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    629377508
                                    ---------
                                 (CUSIP Number)


                                December 31, 2004
                                -----------------
                      (Date of Event which Requires Filing
                               of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                  [  ]    Rule 13d-1(b)
                  [X ]    Rule 13d-1(c)
                  [  ]    Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).



                                  Page 1 of 16



----------------------------                      ------------------------------
CUSIP No. 629377508                   13G         Page  2    of     16    Pages
----------------------------                      ------------------------------

--------------------------------------------------------------------------------
        1 NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          S.A.C. Capital Advisors, LLC
--------------------------------------------------------------------------------
        2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a)| |

                                                                  (b)|X|
--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          Delaware
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
        SHARES
     BENEFICIALLY           0
        OWNED
          BY
         EACH
      REPORTING
        PERSON
         WITH
                      ----------------------------------------------------------
                         6 SHARED VOTING POWER

                           5,718,615* (see Item 4)
                      ----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                      ----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           5,718,615* (see Item 4
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          5,718,615* (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          6.5% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          00
--------------------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT


                                  Page 2 of 16



-----------------------                         --------------------------------
CUSIP No. 629377508                13G          Page  3      of     16    Pages
 ----------------------                         --------------------------------

--------------------------------------------------------------------------------
        1 NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          S.A.C. Capital Management, LLC
--------------------------------------------------------------------------------
        2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a)| |

                                                                  (b)|X|

--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          Delaware
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY
        EACH
      REPORTING
       PERSON
        WITH
                     -----------------------------------------------------------
                         6 SHARED VOTING POWER

                           5,718,615* (see Item 4)
                     -----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                     -----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           5,718,615* (see Item 4)
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          5,718,615* (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          6.5% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          00
--------------------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT


                                  Page 3 of 16



---------------------------                     --------------------------------
CUSIP No. 629377508                 13G         Page  4     of     16    Pages
---------------------------                     --------------------------------

---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           S.A.C. Capital Associates, LLC
---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)| |

                                                                 (b)|X|
--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          Anguilla, British West Indies
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY
        EACH
      REPORTING
       PERSON
        WITH
                     -----------------------------------------------------------
                         6 SHARED VOTING POWER

                           5,309,575 (see Item 4)
                     -----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                     -----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           5,309,575 (see Item 4)
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          5,309,575 (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          6.1% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          00
--------------------------------------------------------------------------------
 
                      *SEE INSTRUCTION BEFORE FILLING OUT


                                  Page 4 of 16



--------------------------                     ---------------------------------
CUSIP No. 629377508                13G         Page  5     of     16    Pages
--------------------------                     ---------------------------------

--------------------------------------------------------------------------------
        1 NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          S.A.C. Arbitrage Fund, LLC
--------------------------------------------------------------------------------
        2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                (a)| |

                                                                (b)|X|
--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          Anguilla, British West Indies
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY
        EACH
      REPORTING
       PERSON
        WITH
                     -----------------------------------------------------------
                         6 SHARED VOTING POWER

                           389,640* (see Item 4)
                     -----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                     -----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           389,640* (see Item 4)
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          389,640* (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          Less than 1% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          00
--------------------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT



                                  Page 5 of 16



------------------------                       ---------------------------------
CUSIP No. 629377508                13G         Page  6     of     16    Pages
------------------------                       ---------------------------------

--------------------------------------------------------------------------------
        1 NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          S.A.C. MultiQuant Fund, LLC
--------------------------------------------------------------------------------
        2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a)| |

                                                                  (b)|X|
--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          Anguilla, British West Indies
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY
        EACH
      REPORTING
       PERSON
        WITH
                     -----------------------------------------------------------
                         6 SHARED VOTING POWER

                           19,400 (see Item 4)
                     -----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                     -----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           19,400 (see Item 4)
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          19,400 (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          Less than 1% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          00
--------------------------------------------------------------------------------
 
                       *SEE INSTRUCTION BEFORE FILLING OUT


                                  Page 6 of 16



--------------------------                       -------------------------------
CUSIP No. 629377508                 13G          Page  7     of     16    Pages
--------------------------                       -------------------------------

--------------------------------------------------------------------------------
        1 NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          Sigma Capital Management, LLC
--------------------------------------------------------------------------------
        2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a)| |

                                                                  (b)|X|

--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          Delaware
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY
        EACH
      REPORTING
       PERSON
        WITH
                     -----------------------------------------------------------
                         6 SHARED VOTING POWER

                           150,000 (see Item 4)
                     -----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                     -----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           150,000 (see Item 4)
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          150,000 (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          Less than 1% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          00
--------------------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT


                                  Page 7 of 16



----------------------------                    --------------------------------
CUSIP No. 629377508                 13G         Page  8    of     16    Pages
----------------------------                    --------------------------------

--------------------------------------------------------------------------------
        1 NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          Sigma Capital Associates, LLC
--------------------------------------------------------------------------------
        2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a)| |

                                                                  (b)|X|

--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          Anguilla, British West Indies
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY
        EACH
      REPORTING
       PERSON
        WITH
                     -----------------------------------------------------------
                         6 SHARED VOTING POWER

                           150,000 (see Item 4)
                     -----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                     -----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           150,000 (see Item 4)
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          150,000 (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          Less than 1% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          00
--------------------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT


                                  Page 8 of 16



-------------------------                 --------------------------------------
CUSIP No. 629377508             13G       Page  9     of     16    Pages
-------------------------                 --------------------------------------

--------------------------------------------------------------------------------
        1 NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          Steven A. Cohen
--------------------------------------------------------------------------------
        2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)| |
                                                                 (b)|X|

--------------------------------------------------------------------------------
        3 SEC USE ONLY
--------------------------------------------------------------------------------
        4 CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
--------------------------------------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY
        EACH
      REPORTING
       PERSON
        WITH
                     -----------------------------------------------------------
                         6 SHARED VOTING POWER

                           5,868,615* (see Item 4)
                     -----------------------------------------------------------
                         7 SOLE DISPOSITIVE POWER

                           0
                     -----------------------------------------------------------
                         8 SHARED DISPOSITIVE POWER

                           5,868,615* (see Item 4)
--------------------------------------------------------------------------------
        9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          5,868,615* (see Item 4)
--------------------------------------------------------------------------------
       10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
          |_|

--------------------------------------------------------------------------------
       11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          6.7% (see Item 4)
--------------------------------------------------------------------------------
       12 TYPE OF REPORTING PERSON*

          IN
--------------------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT


                                  Page 9 of 16



ITEM 1(A)         NAME OF ISSUER:

                  NRG Energy, Inc.

ITEM 1(B)         ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                  211 Carnegie Center
                  Princeton, New Jersey 08540

ITEMS 2(A)        NAME OF PERSON FILING:

                  This statement is filed by: (i) S.A.C. Capital Advisors, LLC,
                  ("SAC Capital Advisors") with respect to shares of common
                  stock, $.01 par value per share ("Shares") beneficially owned
                  by S.A.C. Capital Associates, LLC ("SAC Capital Associates"),
                  S.A.C. Arbitrage Fund, LLC ("SAC Arbitrage") and S.A.C.
                  MultiQuant Fund, LLC ("SAC MultiQuant"); (ii) S.A.C. Capital
                  Management, LLC, ("SAC Capital Management") with respect to
                  Shares beneficially owned by SAC Capital Associates, SAC
                  Arbitrage and SAC MultiQuant; (iii) SAC Capital Associates
                  with respect to Shares beneficially owned by it; (iv) SAC
                  Arbitrage with respect to Shares beneficially owned by it; (v)
                  SAC MultiQuant with respect to Shares beneficially owned by
                  it; and (vi) Sigma Capital Management, LLC ("Sigma Capital
                  Management") with respect to Shares beneficially owned by
                  Sigma Capital Associates, LLC ("Sigma Capital Associates");
                  (vii) Sigma Capital Associates with respect to Shares
                  beneficially owned by it; and (viii) Steven A. Cohen with
                  respect to Shares beneficially owned by SAC Capital Advisors,
                  SAC Capital Management, SAC Capital Associates, SAC Arbitrage,
                  SAC MultiQuant, Sigma Capital Management and Sigma Capital
                  Associates.


ITEM 2(B)         ADDRESS OF PRINCIPAL BUSINESS OFFICE:

                  The address of the principal business office of (i) SAC
                  Capital Advisors and Mr. Cohen is 72 Cummings Point Road,
                  Stamford, Connecticut 06902, (ii) SAC Capital Management and
                  Sigma Capital Management is 540 Madison Avenue, New York, New
                  York 10022, and (iii) SAC Capital Associates, SAC MultiQuant,
                  SAC Arbitrage and Sigma Capital Associates is P.O. Box 58,
                  Victoria House, The Valley, Anguilla, British West Indies..

ITEM 2(C)         CITIZENSHIP:

                  SAC Capital Advisors, SAC Capital Management and Sigma Capital
                  Management are Delaware limited liability companies. SAC
                  Capital Associates, SAC MultiQuant, SAC Arbitrage and Sigma
                  Capital Associates are Anguillan limited liability companies.
                  Mr. Cohen is a United States citizen.


                                  Page 10 of 16


ITEM 2(D)         TITLE OF CLASS OF SECURITIES:

                  Common Stock, par value $0.01 per share

ITEM 2(E)  CUSIP NUMBER:

           629377508

ITEM 3     Not Applicable

ITEM 4     OWNERSHIP:

           The percentages used herein are calculated based upon the Shares
           issued and outstanding as of December 3, 2004, as reported on the
           Issuer's annual report on Form 10-K/A filed with the Securities and
           Exchange Commission by the Issuer for the fiscal year ended December
           31, 2003 and taking into account the repurchase by the Issuer of 13
           million Shares in a transaction reported on the Issuer's Form 8-K
           filed on December 21, 2004 filed with the Securities and Exchange
           Commission by the Issuer.

           As of the close of business on December 31, 2004:

           1. S.A.C. Capital Advisors, LLC
           (a) Amount beneficially owned: 5,718,615*
           (b) Percent of class: 6.5%
           (c)(i) Sole power to vote or direct the vote: -0-
           (ii) Shared power to vote or direct the vote: 5,718,615*
           (iii) Sole power to dispose or direct the disposition: -0-
           (iv) Shared power to dispose or direct the disposition: 5,718,615*

           2. S.A.C. Capital Management, LLC
           (a) Amount beneficially owned: 5,718,615*
           (b) Percent of class: 6.5%
           (c)(i) Sole power to vote or direct the vote: -0-
           (ii) Shared power to vote or direct the vote: 5,718,615*
           (iii) Sole power to dispose or direct the disposition: -0-
           (iv) Shared power to dispose or direct the disposition: 5,718,615*



                           Page 11 of 16



           3. S.A.C. Capital Associates, LLC 
           (a) Amount beneficially owned: 5,309,575 
           (b) Percent of class: 6.1% 
           (c)(i) Sole power to vote or direct the vote: -0- 
           (ii) Shared power to vote or direct the vote: 5,309,575 
           (iii) Sole power to dispose or direct the disposition: -0- 
           (iv) Shared power to dispose or direct the disposition: 5,309,575

           4. S.A.C. Arbitrage Fund, LLC 
           (a) Amount beneficially owned: 389,640* 
           (b) Percent of class: Less than 1% 
           (c)(i) Sole power to vote or direct the vote: -0- 
           (ii) Shared power to vote or direct the vote: 389,640* 
           (iii) Sole power to dispose or direct the disposition: -0- 
           (iv) Shared power to dispose or direct the disposition: 389,640*

           5. S.A.C. MultiQuant Fund, LLC 
           (a) Amount beneficially owned: 19,400 
           (b) Percent of class: Less than 1% 
           (c)(i) Sole power to vote or direct the vote: -0- 
           (ii) Shared power to vote or direct the vote: 19,400 
           (iii) Sole power to dispose or direct the disposition: -0- 
           (iv) Shared power to dispose or direct the disposition: 19,400

           6. Sigma Capital Management, LLC 
           (a) Amount beneficially owned: 150,000 
           (b) Percent of class: Less than 1% 
           (c)(i) Sole power to vote or direct the vote: -0- 
           (ii) Shared power to vote or direct the vote: 150,000 
           (iii) Sole power to dispose or direct the disposition: -0- 
           (iv) Shared power to dispose or direct the disposition: 150,000

           7. Sigma Capital Associates, LLC 
           (a) Amount beneficially owned: 150,000 
           (b) Percent of class: Less than 1% 
           (c)(i) Sole power to vote or direct the vote: -0- 
           (ii) Shared power to vote or direct the vote: 150,000 
           (iii) Sole power to dispose or direct the disposition: -0- 
           (iv) Shared power to dispose or direct the disposition: 150,000



                           Page 12 of 16



           8. Steven A. Cohen 
           (a) Amount beneficially owned: 5,868,615*
           (b) Percent of class: 6.7% 
           (c)(i) Sole power to vote or direct the vote: -0- 
           (ii) Shared power to vote or direct the vote: 5,868,615* 
           (iii) Sole power to dispose or direct the disposition: -0- 
           (iv) Shared power to dispose or direct the disposition: 5,868,615*

           * The number of shares reported herein includes 200,000 shares
           issuable upon conversion of 8000 shares of the Issuer's 4%
           Convertible Perpetual Preferred Stock.

           SAC Capital Advisors, SAC Capital Management, Sigma Capital
           Management and Mr. Cohen own directly no Shares. Pursuant to
           investment agreements, each of SAC Capital Advisors and SAC Capital
           Management share all investment and voting power with respect to the
           securities held by SAC Capital Associates, SAC Arbitrage and SAC
           MultiQuant. Pursuant to an investment management agreement, Sigma
           Capital Management maintains investment and voting power with respect
           to the securities held by Sigma Capital Associates. Mr. Cohen
           controls each of SAC Capital Advisors, SAC Capital Management, Sigma
           Capital Management. By reason of the provisions of Rule 13d-3 of the
           Securities Exchange Act of 1934, as amended, each of (i) SAC Capital
           Advisors, SAC Capital Management and Mr. Cohen may be deemed to own
           beneficially 5,718,615 Shares (constituting approximately 6.5% of the
           Shares outstanding) and (ii) Sigma Capital Management and Mr. Cohen
           may be deemed to own beneficially 150,000 Shares (constituting
           approximately less than 1% of the Shares outstanding). Each of SAC
           Capital Advisors, SAC Capital Management, Sigma Capital Management
           and Mr. Cohen disclaim beneficial ownership of any of the securities
           covered by this statement.

ITEM 5     OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

           If this statement is being filed to report the fact that as of the
           date hereof the reporting person has ceased to be the beneficial
           owner of more than five percent of the class of securities, check the
           following. |_|

ITEM 6     OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

           Not Applicable



                           Page 13 of 16



ITEM 7     IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
           THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
 
           Not Applicable

ITEM 8     IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
 
           Not Applicable

ITEM 9     NOTICE OF DISSOLUTION OF GROUP:
 
           Not Applicable

ITEM 10    CERTIFICATION:

         By signing below the signatory certifies that, to the best of his
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.


                                  Page 14 of 16


                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


Dated: February 14, 2005

S.A.C. CAPITAL ADVISORS, LLC


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person


S.A.C. CAPITAL MANAGEMENT, LLC


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person


S.A.C. CAPITAL ASSOCIATES, LLC


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person


S.A.C. ARBITRAGE FUND, LLC


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person


S.A.C. MULTIQUANT FUND, LLC


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person


                                  Page 15 of 16



SIGMA CAPITAL MANAGEMENT, LLC


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person


SIGMA CAPITAL ASSOCIATES, LLC


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person


STEVEN A. COHEN


By: /s/ Peter Nussbaum
    -----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person



                                  Page 16 of 16






December 27, 2004


BY ELECTRONIC FILING


Securities and Exchange Commission
Filing Desk
450 Fifth Street, N.W.
Washington, D.C. 20549

Re:   Schedule 13G filed with respect to NRG Energy, Inc.

Dear Sirs:

On behalf of S.A.C. Capital Advisors, LLC, S.A.C. Capital Management, LLC,
S.A.C. Capital Associates, LLC, S.A.C. Arbitrage Fund, LLC, S.A.C. MultiQuant
Fund, LLC and Steven A. Cohen, attached for filing pursuant to the Securities
Exchange Act of 1934, and Rule 13d-1 promulgated thereunder, is a copy of
Schedule 13G relating to the Common Stock, par value $.01 per share, of NRG
Energy, Inc..

By copy of this letter, a conforming paper copy of the attached Schedule 13G is
being sent by certified mail to NRG Energy, Inc. at its principal executive
office.

Please direct any questions to the undersigned at (212) 728-8797.

Very truly yours,


Joseph D. Rose

Enclosure