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July 23, 2024

ERCOT

The Electric Reliability Council of Texas manages the flow of electric power to about 90 percent of the state’s electric load. The nonprofit independent system operator is governed by a board of directors and is subject to oversight by the Public Utility Commission of Texas and the Texas Legislature.
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ERCOT Stakeholders Endorse Staff’s Bridge to PCM
ERCOT stakeholders have thrown their support behind staff’s recommended changes to the ORDC that will serve as a bridge to regulators' proposed market design.
LCRA
ERCOT, Austin Energy Settle Uri Dispute
ERCOT said it will pay Austin Energy a $2.86 million to settle an alternative dispute resolution stemming from the February 2021 winter storm.
Grid Strategies
Grid Strategies Reports Spiking Congestion Costs
The cost of transmission congestion doubled in organized electricity markets between 2020 and 2021, rising by billions of dollars, according to Grid Strategies.
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Texas Legislature Moves Bills Remaking the ERCOT Market
Texas lawmakers have advanced several bills that favor new gas generation, threatening to upend the ERCOT market and punish renewable energy.
ERCOT
ERCOT Looking to ORDC Changes, Ancillary Services as Bridge to PCM
ERCOT is looking at a revised operating reserve demand curve and additional ancillary services to bridge the proposed performance credit mechanism.
Vistra
Texas PUC Appeals Court’s Decision on Uri Transactions
The Texas PUC has asked the state’s Texas Supreme Court to overturn a recent appeals court ruling that could unwind market transactions during Winter Storm Uri.
ERCOT
ERCOT Technical Advisory Committee Briefs: March 21, 2023
ERCOT stakeholders have scheduled three workshops to reach agreement with staff on bridging alternatives until a market redesign is in place.
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GCPA Names Brad Jones as Power Star Honoree
The GCPA awarded former interim ERCOT CEO Brad Jones with its Pat Wood Power Star for his industry contributions.
© RTO Insider LLC
Texas Court Reverses PUC’s Uri Market Orders
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.
City of Lubbock
Texas PUC Order Clears LP&L’s Path to ERCOT, Retail Choice
Texas regulators have approved a settlement that clears the way for Lubbock Power & Light to migrate from SPP into ERCOT and begin offering retail choice.

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