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November 21, 2024
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Texas PUC Pushes 44% Reduction in ERCOT Offer Cap
ERCOT's operating reserve demand curve will soon be changing again.
ERCOT's operating reserve demand curve will soon be changing again. | The Brattle Group
Dec 2, 2021 | Tom Kleckner
Texas regulators have reached consensus on lowering ERCOT's high systemwide offer cap to $5,000/MWh from $9,000/MWh, a 44% reduction.
Energy MarketERCOTTexas
KeywordsElectric Reliability Council of Texas (ERCOT)Federal Energy Regulatory Commission (FERC)North American Electric Reliability Corp. (NERC)operating reserve demand curve (ORDC)PJM Interconnection LLC (PJM)Public Utility Commission of Texas (PUCT)Southwest Power Pool (SPP)Texas Railroad Commission (TX RRC)
Tom Kleckner
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