ERCOT Survives One Test, Faces Another

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Texas Lawmakers Waiting on Final Market Design from PUC

<span style=" white-space: pre-wrap;"><p>From left: Texas PUC chair Peter Lake; Gov. Greg Abbott; Nim Kidd, director of the Texas Division of Emergency Management; and ERCOT CEO Pablo Vegas hold a press conference in advance of the winter storm.
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From left: Texas PUC chair Peter Lake; Gov. Greg Abbott; Nim Kidd, director of the Texas Division of Emergency Management; and ERCOT CEO Pablo Vegas hold a press conference in advance of the winter storm.

| KSAT-TV

Jan 3, 2023

ERCOT survived a record-breaking summer and a pre-Christmas winter storm, but now it must gain lawmakers' approval of a new market design.

Ancillary Services Energy Market ERCOT Reliability Resource Adequacy Texas

KeywordsElectric Reliability Council of Texas (ERCOT)February 2021 winter storm performance credit mechanism (PCM)Public Utility Commission of Texas (PUCT)severe weather Texas Legislature

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