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July 23, 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.
CenterPoint Energy
CenterPoint Names New CEO to Replace Lesar
CenterPoint Energy CFO Jason Wells, named to replace the retiring David Lesar as CEO in January, will "hit the ground running" in 2024.
ERCOT
ERCOT Board, IMM Debate Ancillary Service Costs
ERCOT's Independent Market Monitor is defending its recent report that the grid operator’s newest ancillary service “likely” raised the real-time market’s energy value by at least $8 billion.
© RTO Insider LLC
NextEra’s Renewables Unit, FPL Key Performance
NextEra Energy says its renewables subsidiary had its best origination quarter in its history during the third quarter, adding about 3.25 GW to its backlog of projects.
© RTO Insider LLC
ERCOT Monitor’s Name Change Raises Legislative Concerns
A potential name change for ERCOT's Independent Market Monitor has heightened some concerns that Texas regulators are attempting to restrict the IMM's independence.
Eric Goff
ERCOT Smoothly Handles Annular Solar Eclipse
ERCOT said it did not experience grid reliability issues with the loss of solar generation during Saturday’s annular solar eclipse, in what some saw as a performance check before next year’s total eclipse.
Texas PUC
ERCOT Defends Admin Fee Increase Before PUC
ERCOT seeks approval from Texas regulators for its 2024-25 budget and a 27.9% increase to its system administration fee.
© RTO Insider LLC
Overheard at GCPA’s Annual Fall Conference
The Gulf Coast Power Association welcome a record audience to its annual Fall Conference and discussions and vignettes on virtual power plants, energy efficiency, demand response, new technologies and grid resiliency.
ERCOT
ERCOT Prepared for Eclipse, Loss of Solar
ERCOT expects normal grid conditions during Saturday’s solar eclipse when solar resources will see their output reduced.
© RTO Insider LLC
ERCOT Searching for 3 GW of Winter Capacity
ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.
© RTO Insider LLC
Texas High Court to Review Decision on Uri Charges
The Texas Supreme Court will review a lower court ruling on the Public Utility Commission’s emergency pricing orders during the deadly 2021 winter storm, potentially placing billions of dollars at stake.

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