The Texas PUC agreed to replace ERCOT’s energy-only market with a performance credit mechanism, sending the proposal to an uncertain fate in the legislature.

ERCOT’s board has stripped away its corporate members’ right to vote on future changes to the bylaws, rejecting stakeholders’ alternative recommendation.

ERCOT stakeholders have tabled for a month a discussion on a proposal that would reduce the offer floor for RUCs and remove opt-out provisions.

ERCOT’s Technical Advisory Committee met for the last time in 2021 in its current market participant-driven makeup, but things could change next year.

ERCOT has filed to finance $2.9 billion in market debt stemming from high-priced market transactions during February’s devastating winter storm.

ERCOT stakeholders approved a binding document revision that codifies the grid operator’s plans to deploy more operating reserves to ensure summer readiness.