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July 26, 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.
Avangrid, Texas PUC Agree to TNMP Purchase
Texas regulators have reached a settlement with Avangrid in its $4.3 billion acquisition of PNM Resources, parent company of Texas-New Mexico Power.
Texas Supremes Sidestep Ruling on ERCOT Lawsuit Shield
The Texas Supreme Court left standing an appellate ruling granting ERCOT sovereign immunity, but the courts will likely revisit the issue.
Software Error Could Mean ERCOT Price Revisions
ERCOT said it will seek board approval for a potential price correction needed because of software errors that occurred on Feb. 15 during a winter storm.
D’Andrea Resigns from Texas Commission
Arthur D’Andrea, Texas’ last remaining utility regulator, resigned at Gov. Greg Abbott’s request, 13 days after he was appointed chairman of the PUC.
ERCOT: Market Now Short $3.02B
ERCOT faces a shortfall of more than $3 billion after widespread generator outages stemming from a February winter storm.
Texas Senate Passes Bill to Reprice ERCOT Feb. Sales
Texas' Senate is requiring the repricing of $4.2 billion in transactions ERCOT’s IMM identified as “billing errors” associated with February's winter storm.
Abbott Rejects Call to Fire D’Andrea
Gov. Greg Abbot rejected calls to fire PUC Chair Arthur D’Andrea, who has refused to reprice billions of ERCOT transactions during February’s winter storm.
Texas PUC Strengthens Oversight of ERCOT
The Texas PUC appointed former staffer Adrianne Brandt and former ERCOT COO Brad Jones to guide an analysis of last month’s outages.
Is the ERCOT ‘Casino’ Going Bust?
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
PUCT’s Botkin Resigns, 1 Commissioner Left
Texas Public Utility Commissioner Shelly Botkin resigned Monday, leaving the three-person body with just one member, Chair Arthur D’Andrea.

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