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November 5, 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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NextEra Changes Leadership at FPL Subsidiary
NextEra Energy's CEO says its internal review of alleged campaign finance law violations is nearly complete as it replaces leadership at its Florida utility.
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Texas PUC Submits Reliability Plan to Legislature
The Texas PUC agreed to replace ERCOT’s energy-only market with a performance credit mechanism, sending the proposal to an uncertain fate in the legislature.
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PUC Closes in on ERCOT’s Market Redesign
Texas regulators narrowed their focus to the performance credit mechanism but disappointed some by not voting to recommend the market mechanism to lawmakers.
ISO-NE
After a Quarter Century Industry Experts Still Split on Restructuring
After a quarter century, there is still no consensus on whether RTO markets and retail choice lead to lower prices.
Supreme Court of Texas
ERCOT Claims Immunity Before Texas Supreme Court
The Texas Supreme Court heard oral arguments in a pair of lawsuits that could determine whether ERCOT has a right to sovereign immunity from lawsuits.
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Texas Petitions SCOTUS to Review ROFR Ruling
Texas is taking its defense of the state's ROFR law to the U.S. Supreme Court, asking the justices to review a 2022 ruling by the 5th Circuit.
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ERCOT Board Member Resigns over Business Conflict
ERCOT director Zin Smati resigned after renewable operator Boralex, where he is also a director, acquired ownership in Texas wind farms.
KSAT-TV
ERCOT Survives One Test, Faces Another
ERCOT survived a record-breaking summer and a pre-Christmas winter storm, but now it must gain lawmakers' approval of a new market design.
Gov. Kathy Hochul
FERC, NERC Set Probe on Xmas Storm Blackouts
FERC and NERC will conduct yet another inquiry into cold weather grid failures after Duke and TVA cut power to consumers during December's winter storm.
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ERCOT Board of Directors Briefs: Dec. 19-20, 2022
ERCOT’s board has stripped away its corporate members’ right to vote on future changes to the bylaws, rejecting stakeholders’ alternative recommendation.

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