Texas Lt. Gov. Calls On Gov. Abbott To Order Texas PUC To Correct ERCOT Prices; Or Direct That Prices Are Under Investigation
March 18, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Texas Lt. Gov. Dan Patrick today called on Gov. Greg Abbott to order the Public Utility Commission of Texas to "correct" ERCOT prices for the period beginning 11:55 p.m., February 17, 2021, and ending 9 a.m., February 19, 2021
Patrick said that Abbott has such authority under the governor's various emergency powers, noting that the governor recently renewed the winter storm disaster declaration
To the extent Abbott is unwilling to take such action, Patrick called for Abbott to, at a minimum, order ERCOT (or order the PUC to order ERCOT) to announce that prices for the relevant period are under investigation
Patrick said that such an announcement to the market from ERCOT would extend the deadline before prices become final for an additional 30 days, and provide more time to work through the issue.
Patrick urged such immediate action because otherwise the ERCOT prices would soon become final under the standard ERCOT process.