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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 Board of Directors Briefs: Dec. 10, 2019
ERCOT’s Board of Directors approved price corrections for 21 operating days, dating back to September, that resulted from a series of software errors.
Garza Steps Down as Head of ERCOT IMM
Beth Garza is stepping down as director of ERCOT’s Independent Market Monitor under pressure from the Texas Public Utility Commission.
ERCOT’s Reserve Margin Climbs to 10.6% in 2020
ERCOT will likely welcome back double-digit reserve margins next year and well into the decade, according to the grid operator’s latest CDR report.
Enviros, States Question Coal Self-commitments
Two environmental groups that say regulated utilities’ practice of self-committing coal plants is costing ratepayers have a point, RTO officials said.
New PJM CEO Defends Direct Energy Stewardship
While Manu Asthana's appointment as CEO brings hope to stakeholders left shaken by PJM’s exodus of leadership, one group finds the choice unsettling.
ERCOT Technical Advisory Committee Briefs: Nov. 20, 2019
ERCOT told the Technical Advisory Committee it will be improving market pricing processes as they bring price-correction issues to the Board of Directors.
Parties near Agreement on El Paso Electric Purchase
The Texas PUC’s hearing on a $4.3 billion private equity bid for El Paso Electric has been postponed to allow time for the parties to reach a settlement.
Texas PUC Briefs: Nov. 14, 2019
Regulators granted a request by staff and Texas Industrial Energy Consumers for a list of investors behind the $4.3 billion acquisition of El Paso Electric.
Hot Summer Yields Positive Earnings for CenterPoint
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
ERCOT Expects to Easily Meet Winter, Spring Demand
ERCOT said it will have sufficient installed capacity available to meet projected peak demand this winter and spring.

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