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July 22, 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.
Admin Monitor
Texas Regulators Slow PCM’s Development
Texas regulators pumped the brakes on the proposed performance credit mechanism’s development, making it clear that they and stakeholders will be involved in the market tool’s design.
ERCOT
ERCOT Board of Directors Briefs: Feb. 26-27
ERCOT CEO Pablo Vegas said the “interesting dynamic” of solar energy helped the Texas grid operator meet record demand during its most recent winter storm.
ERCOT
ERCOT CEO Cool to Linking to Neighboring RTOs
ERCOT CEO Pablo Vegas threw cold water on the possibility of linking the ISO and the national grid’s other two interconnections.
AEP
Interim CEO Fowke Explains AEP Leadership Change
One day after removing Julie Sloat as its CEO and installing former Xcel Energy CEO Bob Fowke on an interim basis, AEP used its quarterly earnings call to add further color to the board's decision.
© RTO Insider LLC
Overheard at Infocast’s 2024 ERCOT Market Summit
Infocast's annual ERCOT Market Summit fell during the third anniversary of the devastating February 2021 winter storm, giving speakers plenty of fodder for discussion.
ERCOT
ERCOT Technical Advisory Committee Briefs: Feb. 14, 2024
ERCOT stakeholders agreed with the ISO's staff position to continue tabling a rule change that would address reliability concerns with inverter-based resources while both sides work on settlement discussions.
Admin Monitor
Texas PUC Closes 1st Phase of Market Overhaul
Texas regulators have marked the closure of the first phase of their blueprint for reliability reforms to the ERCOT grid, cautioning that it’s only a first step.
ERCOT
ERCOT Technical Advisory Committee Briefs: Jan. 24, 2024
ERCOT stakeholders are moving closer to taking action on a tabled rule change that would address the reliability concerns with inverter-based resources.
The Supreme Court of Texas
Texas Supremes Hear Arguments Over Uri’s Prices
The Texas Supreme Court heard oral arguments over whether the Public Utility Commission had the authority to order electric prices be set at $9,000/MWh during the 2021 winter storm.
© RTO Insider LLC
GCPA Elects R Street’s Garza as President
GCPA’s membership has elected Beth Garza, a senior adviser for R Street Institute and longtime presence in ERCOT, as its next president.

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