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November 4, 2021
During a Texas PUC workshop, Commissioner Jimmy Glotfelty, in questioning a representative from NRG, which has proposed an LSE obligation as a reliability solution, stated he is "disturbed" about the existing retail market concentration among gentailers, and that he is concerned about any market…
November 2, 2021
Default Prevents Contemplated Transfer Of Customers To Another Supplier Under Book Sale
Updated: Switch provided the following statement:
November 2, 2021
Broad Reach Power, an independent power producer based in Houston which owns a 21-gigawatt (GW) portfolio of utility-scale wind, solar and energy storage power projects across the United States, today announced its first two transmission-level projects, North Fork and Bat Cave, are online and placed…
November 2, 2021
In comments to the Texas PUC, the ERCOT independent market monitor said that an LSE obligation, which has been proposed as a means of attaining reliability, would likely lead to further retail market consolidation.
November 2, 2021
On November 1, 2021, ERCOT received a Notification of Suspension of Operations (NSO) for the following Resource: City of Austin dba Austin Energy - DECKER_DPG2
November 1, 2021
PJM on October 28 issued a market notice stating, "Please be advised that Switch Energy, LLC defaulted on their collateral obligations on October 27, 2021 and remedied the default on October 28, 2021."
October 26, 2021
Staff of the Texas PUC formally issued for comment questions concerning a proposed LSE obligation as a means to assure reliability in ERCOT, as well as other questions arising from the PUC's recent work session on wholesale market design changes
October 25, 2021
PJM said in an October 25 market notice that it would file a request at FERC to delay implementation of certain reforms to its market-based reserve products and Operating Reserve Demand Curves (ORDC), citing unforeseen challenges in the software development process
October 21, 2021
Texas PUC Chairman Peter Lake proposed several key concepts that should be the "foundation" of the ERCOT market redesign process, as the PUC works to develop a blueprint for market reforms
October 16, 2021
Potomac Economics (Potomac), the Independent Market Monitor ("IMM") for the wholesale market in the Electric Reliability Council of Texas, Inc. ("ERCOT") region, proposed in comments to the Texas PUC the following modifications to the ERCOT market design, which were also discussed at a PUC work…
October 14, 2021
Texas PUC Commissioner Will McAdams has proposed revising ERCOT's generation interconnection process to prioritize generation capable of dispatching for four hours at transmission voltage
October 13, 2021
The Southeast Energy Exchange Market (SEEM) announced today that members today received clearance from the Federal Energy Regulatory Commission (FERC) for their proposed trading platform as a result of a 2-2 commission vote.
October 13, 2021
Adopts Order Addressing Other Issues
The Texas PUC adopted a final debt obligation order authorizing an "uplift" financing program for ERCOT as directed by HB 4492
October 7, 2021
The Texas PUC formally issued for comment a proposal for publication that would lower the high system-wide offer cap in ERCOT to $4,500 per MWh, from the current $9,000 per MWh, by January 1, 2022
October 5, 2021
Several electric utilities and other power providers that serve millions of customers in the Western United States announced plans today to evaluate regional market solutions together.
October 1, 2021
Consultants retained by NRG Energy, Inc. and Exelon Corporation have filed with the Texas PUC a proposal that would impose on retail electric providers a three-year forward "reliability requirement" if certain conditions are triggered
September 30, 2021
Lieutenant Governor of Texas Dan Patrick has written a letter to Texas PUC Commissioners opposing a partial settlement in a PUC proceeding concerning an "uplift" financing program as directed by HB 4492 due to the settlement not calculating cost exposure during the winter storm on a "net" basis
September 29, 2021
ERCOT said in a market notice that, on September 29, 2021, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource: Nacogdoches Power LLC (RE) – NACPW_UNIT1
September 29, 2021
ERCOT filed with the Texas PUC a pleading to notify the Commission and the parties of potential issues that may impede ERCOT’s ability to calculate the amount of Uplift Balance bond proceeds due to Load-Serving Entities (LSE) under the methodology agreed to as part of the Docket No. 52322 partial…
September 23, 2021
Proposes $4500 Cap For Comment
The Texas PUC will issue an accelerated proposed rulemaking to lower the high system-wide offer cap in ERCOT from the current $9,000 per MWh by January 1, 2022
September 23, 2021
ERCOT issued a market notice stating that, on September 22, 2021, ERCOT received Notification of Change of Generation Resource Designation forms (NCGRDs) for the following Generation Resources:
September 22, 2021
The Electric Reliability Council of Texas, Inc. (ERCOT) filed at the Texas PUC its 2022/2023 Biennial Budget and System Administration Fee submission
September 21, 2021
Includes Obligation To Pass-Through Proceeds To Affected Customers
Parties in a Texas proceeding concerning an "uplift" financing program as directed by HB 4492 have filed an unopposed settlement addressing certain issues, including the methodology and process for allocation of securitization proceeds to load serving entities
September 17, 2021
Staff of the Public Utility Commission of Texas filed a letter with the PUC, in a proceeding concerning an "uplift" financing program as directed by HB 4492, stating that, "This letter is to notify you that Commission Staff and the parties to the above-styled docket have either agreed in principle…
September 17, 2021
PJM issued a market notice on September 17 stating, "Please be advised that Powervine Energy, LLC and Great American Power, LLC defaulted on their obligations on September 15, 2021. Shortly after the payment was due, Powervine Energy, LLC and Great American Power, LLC remediated their defaults."
