Texas regulators shelved the market design they once favored, agreeing with staff's recommendation that the performance credit mechanism results in “minimal” additional resource adequacy value.

The Texas Public Utility Commission's staff has recommended not moving forward with the proposed performance credit mechanism market design for ERCOT as it is currently designed.

The Texas PUC's Jimmy Glotfelty will retire from the commission at year's end, leaving the regulatory body two short of a full complement.

ERCOT will recommend that its Board of Directors approve a reliability-must-run contract for one of three aging CPS gas units, set for retirement, to maintain reliability in the San Antonio area.

Texas PUC Commissioner Lori Cobos plans to step down from the commission at the end of 2024.

Texas officials have released a report that lays out a path for the state to become a “global nuclear energy hub.”  

Texas regulators approved the state’s first utility resiliency plan, a $3 billion proposal from Oncor to bulk up its distribution system over the next four years to better withstand and more quickly recover extreme weather and other events.

The Texas Public Utility Commission has postponed action on Oncor Electric Delivery’s resiliency plan, the first from a state utility under new legislation.

ERCOT and the Public Utility Commission have both knocked down recent media claims that a proposed HVDC transmission link between Texas and its Louisiana and Mississippi neighbors will bring the state’s grid under FERC jurisdiction.

Texas lawmakers charged with overseeing the state’s $5 billion fund for new gas-fired generation have taken aim at the consulting firm managing the Texas Energy Fund.