Texas Court Reverses PUC’s Uri Market Orders
Ruling Finds Commission Exceeded its Authority in Setting $9,000 Prices
A Texas appeals court has reversed the PUC's order setting wholesale prices at $9,000/MWh during the 2021 winter storm. | © RTO Insider LLC
Mar 19, 2023
A Texas appeals court reversed PUC orders to keep ERCOT wholesale prices at the $9,000/MWh cap during the deadly February 2021 winter storm.