March 5, 2021
During today's open meeting, the Texas PUC said that it is working on the issue of extending the settlement invoice dispute timelines at ERCOT, though no formal action was taken at the meeting
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March 4, 2021
Bulb Protects Customers From Price Shocks and Petitions for a Better Energy System for Texans
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March 4, 2021
ERCOT issued a market notice stating that, "Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on March 4, 2021, will notice that the amount of funds transferred is short of the balance…
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March 4, 2021
IMM Says, "ERCOT Exceeded The Mandate," Of The PUC By Continuing Price Adder After Load Shed Ended
Vistra Opposes Rule Change To Cap Future Ancillary Services At $9,000/MW/h; Says Any Adjustment To Prior Prices Should Examine Energy, AS Prices Holistically
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March 4, 2021
ERCOT has publicly identified those generators that experienced an outage or a reduction in available power during the ERCOT grid emergency
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March 4, 2021
Alleges One Well Known REP (By Name) Currently Active On Power To Choose, "Is Or May Soon Be Insolvent" Disputes ERCOT's Ability To Pass-Through Unpaid Amounts From Munis, Co-ops To REPs As Uplift
Says Private Right Of Action Should Be Allowed For Wholesale Market Manipulation Claims
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March 3, 2021
Updated With Statement From GridPlus, GridPlus Has Fulfilled All Stated Obligations ERCOT Discloses Short Pays From 2/26 and 3/1, Additional Short-Paying Retail Providers Disclosed
Volt Electricity Provider provided the following statement to EnergyChoiceMatters.com:
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March 3, 2021
On Wednesday, March 03, 2021, ERCOT revoked all rights of ENTRUST ENERGY INC (LSE) to conduct activity under the ERCOT Protocols due to a Payment Breach.
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March 3, 2021
Just Energy Group Inc. announced today that, "it has filed a petition with the Public Utility Commission (the 'Commission') requesting an order that the Electric Reliability Council of Texas ('ERCOT') deviate from the deadlines and timing in its Protocols and Market Guides related to settlements…
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March 3, 2021
ERCOT issued a market notice detailing $147,000 in short payments for Settlement Invoices due for payout on March 3, 2021
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March 3, 2021
Says REPs May Resume Billing Customers, Late Fees Suspends Late Fees From TDUs To REPs For Recent Invoices, Except Securitization Charges Botkin Says ERCOT ADR Process, Timelines Warrant Consideration
Suspends Late Fees From TDUs To REPs For Recent Invoices, Except Securitization Charges
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March 2, 2021
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:
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March 2, 2021
ERCOT said in a market notice that it is issuing Real-Time Market (RTM) Resettlement Statements reflecting actual IDR meter data received to date for Operating Days February 11, 2021 through February 19, 2021
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March 2, 2021
ERCOT's CEO Bill Magness in a letter to the leadership of ERCOT's Technical Advisory Committee (TAC) presented ERCOT's initial list of priority topics that ought to be addressed in the wake of the recent weather event, and creditworthiness issues are among the listed priorities.
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March 2, 2021
Provided with an opportunity to make a statement, Bulb directed ECM to a recent letter its General Manager wrote to Texas Gov. Abbott. In the letter, Vinnie Campo, General Manager, U.S., for Bulb wrote:
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March 1, 2021
ERCOT said in a market notice that Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on March 1, 2021, will notice that the amount of funds transferred is short of the balance payable on…
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March 1, 2021
The Independent Market Monitor of ERCOT filed with the Texas PUC two recommendations for addressing the recent weather event
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March 1, 2021
In a letter to the Texas PUC, Texas retail electric provider APG&E proposed a rolling 3 year forward Ancillary Services market administered by ERCOT
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February 26, 2021
ERCOT said in a statement that it needs time to review the lawsuit in full, and will respond accordingly
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February 26, 2021
ERCOT said in a Feb. 26 market notice that short payments related to Settlement Invoices due for payout on February 26, 2021 totaled over $2.1 billion, and it used $800 million from CRR Auction revenue funds to partially reduce the short-payment
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February 26, 2021
During a hearing before a Texas House committee yesterday, ERCOT CEO Bill Magness said that ERCOT is working to obtain a "credit facility" to address invoice timing and related issues facing market participants
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February 25, 2021
PUC "Working On" Ancillary Service Price Issues Senator Presses ERCOT CEO On Need To Pause Market Participant Invoice Due Dates To Allow Legislative Action
During a hearing before a Texas Senate committee, DeAnn T. Walker, Chairman of the Public Utility Commission of Texas, said that policymakers need to look at the $9,000 per MWh price cap in the ERCOT energy market
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February 25, 2021
Another REP Asks PUC To Pause ERCOT Protocol Invoice Deadlines
Freepoint Commodities LLC ('Freepoint') filed a Petition for Emergency Relief and requested that the Public Utility of Commission of Texas ('PUCT' or 'Commission') waive Section 9.6(2) of the Electric Reliability Council of Texas ('ERCOT') Nodal Protocols. Freepoint is requesting a waiver that is…
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February 25, 2021
During a Texas House legislative hearing, in response to a question from a lawmaker on the issue, Vistra's president and chief executive officer Curt Morgan suggested that the state may wish to revisit the current 20% market share cap on generation ownership.
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February 25, 2021
Verdigris Energy, LLC filed a letter with the Texas PUC urging the PUC to scrutinize prices for ancillary services during the recent weather event, as Verdigris noted that ancillary services prices were in excess of $20,000/MWh (Docket 51617)
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