ERCOT
ERCOT Board of DirectorsERCOT Other CommitteesERCOT Technical Advisory Committee (TAC)Public Utility Commission of Texas (PUCT)
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.
Former ERCOT CEO Bob Kahn has rejoined the Texas grid operator’s Board of Directors as it begins to reconstitute itself after a wave of resignations.
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
The names of potential successors to ERCOT CEO Bill Magness have already begun to circulate after the grid operator’s Board of Directors fired him.
ERCOT’s Board of Directors decided to invoke the termination notice in CEO Bill Magness’ contract during an emergency teleconference.
The U.S. House of Representatives’ principal oversight committee joined the roster of agencies investigating ERCOT following February’s severe winter storm.
Brazos Electric Power Cooperative filed for Chapter 11 bankruptcy, saying it was unable to pay ERCOT $2.1 billion in unexpected charges.
Under heavy fire from state politicians over her response to the massive Texas blackouts, DeAnn Walker resigned as the chair of Texas’ PUC.
Vistra said it expects to take a $1.3 billion financial loss because of the state’s massive power outage and its subsequent effects on the ERCOT market.
CenterPoint and OGE said Energy Transfer’s acquisition of Enable Midstream will allow them to focus on moving to a fully regulated utility business model.
Texas lawmakers took their shots at ERCOT as they tried to grasp the complexities of a system that failed during an “unprecedented weather event.”
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