Texas PUC Staff File Draft Proposal To Decouple The Value Of Lost Load From System-Wide Offer Cap
February 21, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Staff of the Texas PUC have filed a draft proposal for publication that would decouple the value of lost load from the system-wide offer cap in effect
Specifically, the proposal would delete language from the existing rule which provides that, "The value of the lost load will be equal to the value of the system-wide offer cap in
Staff's draft would also require ERCOT
to submit to the Commission a biannual report on the operating reserve demand curve.
Staff proposes that, "ERCOT must publish, by November of every even numbered year, a report analyzing the efficacy, utilization, related costs, and contribution of the ORDC to grid reliability in the ERCOT power region."
Staff's proposal would also
split the current 16 TAC §25.505 into three sections, creating new 16 TAC 4 §25.505, relating to Resource Adequacy Reporting Requirements in the Electric Reliability Council of Texas Power Region; new 16 TAC §25.506, relating to Publication of Resource and Load Information in the Electric Reliability Council of Texas Power Region; and new 16 TAC §25.509, Scarcity Pricing Mechanism for the Electric Reliability Council of Texas Power Region. Other than the changes described above, the existing rule language would be maintained when splitting the rule into three new sections.