February 2021 winter storm
Price-responsive demand has long been supported by economists, but despite the significant investment in advanced meters, it has yet to take off.
The cost of transmission congestion doubled in organized electricity markets between 2020 and 2021, rising by billions of dollars, according to Grid Strategies.
The Texas PUC has asked the state’s Texas Supreme Court to overturn a recent appeals court ruling that could unwind market transactions during Winter Storm Uri.
A Texas appeals court reversed PUC orders to keep ERCOT wholesale prices at the $9,000/MWh cap during the deadly February 2021 winter storm.
Texas lawmakers have laid out a legislative package that threatens the state’s renewable industry and provides generous incentives to thermal generation.
Vistra is taking a wait-and-see approach to ERCOT’s market redesign that is currently being debated, saying there are many details to work out.
Texas regulators' recommended ERCOT market redesign was the primary topic of conversation during Infocast’s 11th ERCOT Market Summit.
ERCOT staff briefed the Technical Advisory Committee on its recommended bridging solution options for the Texas PUC’s preferred market redesign.
Last year represented a “transformational” one for NERC, as the ERO faced challenges that will become more pressing, CEO Jim Robb said in an annual report.
FERC ordered two new NERC reliability standards in response to the February 2021 winter storm that nearly led to the collapse of the Texas Interconnection.
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