Public Utility Commission of Texas (PUCT)
Texas regulators discussed with ERCOT market participants potential changes to an energy market that has been virtually untouched for almost 20 years.
The Texas PUC began hearings over ERCOT's request for a pair of debt-obligation orders to finance $2.9 billion incurred during the February winter storm.
Texas regulators are grappling with writing weather preparedness measures for generators and transmission service providers as required by state law.
The ERCOT Board of Directors agreed to approve the 2022-2023 biennial budget and to keep the administrative fee at its current rate.
Texas Gov. Greg Abbott appointed ICF Consulting's Jimmy Glotfelty as the fourth commissioner on the previously three-member Public Utility Commission.
ERCOT told the Texas PUC that it will change its outage-request procedures to avoid having too much generation offline at one time.
ERCOT stakeholders pushed back against interim CEO Brad Jones’ plan to convert TAC into an officer-level group and the increased use of ancillary services.
Ex-ERCOT director Peter Cramton still has high hopes for the Texas grid operator, which he says is still 'the best market in the world.'
ERCOT has filed to finance $2.9 billion in market debt stemming from high-priced market transactions during February’s devastating winter storm.
Texas PUC staff and ERCOT staff have been "living on coffee and anger" as they work together to redesign the state's deregulated market.
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