Vistra says it plans to add nearly 2 GW of gas-fired capacity to the ERCOT grid over the next year and seek loans through the Texas Energy Fund.

CenterPoint Energy says it has reduced the number of outages following May 16's devastating derecho from 922,000 to nearly 15,000.

Texas Public Utility Commission staff are preparing for public comment a revised version of ERCOT’s proposed reliability standard.

Three years after a deadly winter storm nearly imploded the ERCOT grid, stakeholders in the Texas market are working on a reliability standard that may be stricter than industry norms.

ERCOT told Texas regulators its initial reliability study of the Permian Basin indicates “substantial amounts” of transmission projects will be needed to meet its projected load by 2038.

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.

ERCOT stakeholders agreed with the ISO's staff position to continue tabling a rule change that would address reliability concerns with inverter-based resources while both sides work on settlement discussions.

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.