Texas REPs Press PUC On Sought Wholesale Pricing Relief

March 2, 2021

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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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A coalition of various certificated, competitive Retail Electric Providers operating in Texas ('Coalition of Competitive Retail Electric Providers' or 'CCR') requested that the Texas PUC:

1) order ERCOT to implement the recommendations advanced by ERCOT’s Independent Market Monitor (IMM) as filed on March 1, 2021. (See details on the IMM recommendations in our prior story here)

2) order ERCOT to implement the recommendations advanced by TEAM in its February 19, 2021 filing. (See details on the TEAM recommendations in our prior story here)

"Specifically, the CCR’s agrees with the IMM that for operating days February 15 through February 20, 2021 ERCOT should, at a minimum, reprice all day-ahead ancillary services (AS) clearing prices to the cap them at the System-Wide Offer Cap (SWCAP) of $9,000 per MWh," the REPs said

"We further agree that for operating days February 14 through February 19, 2021, ERCOT should invoke the 'failure to provide' settlement treatment for all AS that were not provided in real time," the REPs said

"We agree with the IMM that the Commission should order ERCOT to complete them in the order specified; namely to resettle the day-ahead market to cap the AS prices first, then initiate the 'failure to provide' settlement," the REPs said

"Finally, we agree with TEAM that the Commission should instruct ERCOT to remove the administrative price adder consistent with the Commission's Order Directing ERCOT to Take Certain Actions and as of 1:00 am on February 18, 2021. We further urge the Commission to direct ERCOT to correct prices consistent with this Order back to 1:05 am on February 18, 2021 at the time ERCOT removed the firm load shed instructions to the transmission and distribution utilities. The Commission should also remove the adder in its entirety. It is imperative that these steps be taken to avoid, or at least mitigate, irreparable harm to the competitive retail market including both retail electric providers and their customers," the REPs said

The Coalition of Competitive Retailers is an ad hoc group of competitive Retail Electric Providers that joined together in its desire to address the market issues stemming from the February 2021 Winter Weather Emergency.

Participants in this filing were:

• GridPlus Texas Inc. (GridPlus)
• LPT LLC (Liberty Power)
• Summer Energy LLC
• ATG Clean Energy Holdings Inc.
• Volt Electricity Provider LP
• Brooklet Energy Distribution LLC
• Pogo Energy LLC
• Alliance Power Company LLC
• 3000 Energy Corp. (Penstar Power)
• Bulb US LLC
• 174 Power Global Retail Texas LLC (Chariot Energy)

Docket 51812

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