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Brattle Files Assessment Of Impact Of Various ORDC Changes With Texas PUC

November 5, 2021

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

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

Brattle has filed with the Texas PUC a presentation concerning the impact of proposed ORDC changes

The presentation assesses several candidate wider curves, selected from stakeholders and ERCOT proposals, to show a range of possibilities.

The presentation shows

• Each curve's parameters and shape

• Whether each curve reaches HCAP before PRC < 3000

• Impacts on prices and CC revenues assuming dynamic self-commitment but static investment

• Impacts on reserve margins and reliability assuming dynamic self-commitment and investment (such that prices equilibrate to long-run marginal cost) and no additional measures to support resource adequacy

The analysis does not account for extreme supply shortages as observed in February 2021, "and thus overstates reliability absent other measures to prevent such shortages; modest changes to the ORDC cannot be viewed as a solution to such risks," Brattle's presentation states

See the results of the assessments here

Project 52373

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