Texas regulators have adopted a new rule establishing the Texas Energy Fund In-ERCOT Generation Loan Program, a $5 billion fund designed to bring new dispatchable power projects to the state.

Jeff McDonald, a 22-year market monitoring veteran with ISO-NE and CAISO, has been hired as director of ERCOT’s Independent Market Monitor.

Texas regulators pumped the brakes on the proposed performance credit mechanism’s development, making it clear that they and stakeholders will be involved in the market tool’s design.

Texas regulators have marked the closure of the first phase of their blueprint for reliability reforms to the ERCOT grid, cautioning that it’s only a first step.

The Texas Supreme Court heard oral arguments over whether the Public Utility Commission had the authority to order electric prices be set at $9,000/MWh during the 2021 winter storm.

Texas regulators have remanded back to ERCOT a controversial protocol change attempting to regulate energy storage resources, but not before stripping out language related to state of charge and enforcement processes.

Texas Gov. Greg Abbott has appointed Thomas Gleeson, the Public Utility Commission’s executive director and a 15-year staffer, to chair the PUC.

ERCOT is focused on dispatchable resources to meet the ever-increasing demand for energy in Texas.

ERCOT staff and the ISO's Market Monitor have set aside their differences and promised to work together in improving the procurement and deployment of ancillary services.

ERCOT shared additional details with Texas regulators regarding the Sept. 6 frequency drop that led to emergency operations for the first time since the disastrous 2021 winter storm.