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November 28, 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.
ERCOT Technical Advisory Committee Briefs: Jan. 29, 2020
ERCOT stakeholders endorsed a final batch of key principles that will guide the Texas grid operator’s implementation of real-time co-optimization.
Xcel Energy Reports Solid 2019 Earnings
Xcel Energy reported year-end earnings of $1.372 billion ($2.64/share), up from 2018’s performance of $1.261 billion ($2.47/share).
PSO Officially Retires Oklaunion Coal Plant
Public Service Company of Oklahoma formally notified ERCOT that it will retire the coal-fired Oklaunion Power Station in the Texas Panhandle.
Texas PUC Approves LP&L Integration Project
The Texas Public Utility Commission approved modifications to proposed transmission lines necessary to integrate Lubbock Power & Light load into ERCOT.
Texas PUC Approves EPE’s $4.3B Sale
The Texas Public Utility Commission approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric after staff proposed ring-fencing measures.
Wind Poised to Overtake Coal in ERCOT Output
ERCOT wind farms produced almost as much energy in 2019 as coal-fired plants, according to the grid operator’s latest demand and energy report.
Texas PUC Waits to Rule on El Paso Electric Purchase
Faced with a deadline to rule on J.P. Morgan’s $4.3 billion purchase of El Paso Electric, the Texas PUC will take the matter up during its next meetings.
ERCOT Market Adjusting to ‘The New Normal’
In 2019, ERCOT withstood extreme heat and loss of wind power during some of the hottest days to meet multiple demand peaks exceeding the previous year.
Parties to EPE Acquisition Reach Settlement Agreement
El Paso Electric and the investment funds seeking to buy the utility have reached a settlement with most of the parties, they told the Texas PUC.
Texas PUC Briefs: Dec. 13, 2019
Texas' PUC denied El Paso’s request for an extension of settlement negotiations, maintaining the agreement deadline in the acquisition of El Paso Electric.

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