December 14, 2018
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication that would revise certain provisions of the scarcity pricing rules in ERCOT
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December 7, 2018
Says Greater Transparency Needed Into Demand Response, Distributed Generation
Discussing the latest ERCOT CDR report at today's open meeting, Texas PUC Chairman DeAnn Walker said that, in light of significant, customer-centric changes in the electric market, ERCOT needs better transparency into the amount of demand response, distributed generation, and self-generation in the…
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December 5, 2018
Note: This story was first published on Dec. 5 with an alert to our email subscribers
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December 4, 2018
The Electric Reliability Council of Texas (ERCOT) today released its December Capacity, Demand and Reserves (CDR) Report, which includes planning reserve margins for the next five years.
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December 4, 2018
Dismisses Concerns About Risk Premiums, Says That's Life For LSEs
FERC has accepted as filed ISO New England's proposal regarding the allocation of out-of-market costs of resources retained for fuel security, as FERC agreed that such costs shall be allocated to load serving entities on a regional basis using the Real-Time Load Obligation allocator
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November 26, 2018
A proposed decision from two California ALJs would adopt a multi-year local resource adequacy (RA) requirement with the investor-owned utilities acting as a central buyer for all LSEs, including retail suppliers
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November 19, 2018
FERC granted the Midcontinent Independent System Operator, Inc. (MISO) a limited waiver of sections 39.2.5 and 40.2.5 of its Open Access Transmission, Energy and Operating Reserve Markets Tariff (Tariff), which establish a $1,000/MWh Energy Offer Price Cap (offer cap) on incremental energy offers in…
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November 1, 2018
The Electric Reliability Council of Texas (ERCOT) said today that it anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this winter and in spring 2019.
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November 1, 2018
ERCOT has submitted new Retail Market Guide Revision Request 159 (RMGRR159), Revisions to Mass Transition Processes, to accelerate the mass transition process used in transitions to the providers of last resort (POLRs)
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October 26, 2018
REPs: Current Thinking Is ORDC Change Isn't Change In Law Allowing Change To Fixed Price REPs Facing "Pretty Tight Squeeze" If Not Enough Lead Time Provided For Any Change Walker: "2019 Is Going To Be Harder"
Walker: Must Consider Greater Customer Interplay In ERCOT Market
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October 24, 2018
The resolution of an Alternative Dispute Resolution (ADR) proceeding at ERCOT concerning a co-op's Congestion Revenue Rights will result in uplift to the ERCOT market after ERCOT determined that it should not have voided the co-op's Pre-Assigned Congestion Revenue Rights
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October 22, 2018
Texas retail electric providers submitted further comments to the Texas PUC reporting that the Operating Reserves Demand Curve (ORDC) functioned as intended this summer
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October 15, 2018
Draft Finds Economically Optimal Reserve Margin To Be 9.0% Draft Finds Market Equilibrium Reserve Margin As 10.25%
The Electric Reliability Council of Texas, Inc. filed with the Texas PUC a draft report titled "Estimation of the Market Equilibrium and Economically Optimal Reserve Margins for the ERCOT Region." The report estimates the Market Equilibrium Reserve Margin (MERM) and Economically Optimal Reserve…
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October 10, 2018
On November 6, 2018, ERCOT will hold a workshop to discuss potential means of delivering IDR meter data to support initial settlement with actual data.
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October 8, 2018
In a market notice, ERCOT reported that, at 23:56 on August 14, 2018, ERCOT implemented Downstream Production Changes (DPC) to add contingency definitions to the Network Operations Model (2018Aug.L2) that had been requested by a Transmission Service Provider (TSP).
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October 3, 2018
PJM filed with FERC proposed changes to its Reliability Pricing Model capacity market to accommodate a carve-out of state-subsidized resources from the market, along with the removal of an associated amount of load, after FERC suggested such mechanism in an order on other revisions that PJM had…
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September 28, 2018
The Public Utility Commission of Texas will conduct a workshop regarding Project No. 48551, Review of Summer 2018 ERCOT Market Performance, on Thursday, October 25, 2018, at 1:30 p.m.
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September 28, 2018
During yesterday's open meeting, Commissioners of the Texas PUC agreed to "more broadly" open a rulemaking concerning 16 TAC § 25.505, relating to resource adequacy in the energy-only market design, to "clean up" the rules in addition to addressing two issues identified by Staff
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September 25, 2018
ERCOT has filed with the Public Utility Commission of Texas ERCOT's Review of the Summer of 2018 (June - August) presentation that includes key observations for the summer 2018 and links to summer analysis data sources
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September 21, 2018
Staff of the Public Utility Commission of Texas sought Commission guidance on two issues: harmony in the scarcity pricing mechanism in day-ahead and real-time, and the use of the Houston Ship Channel Gas Price Index
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September 17, 2018
In comments to the Texas PUC concerning ERCOT summer market performance, the Texas Energy Association for Marketers (TEAM), in responding to a specific question concerning whether scarcity pricing produced sufficient revenue to ensure resource adequacy, stated, "If the Commission decides that an…
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September 17, 2018
In comments to the Texas PUC concerning summer ERCOT market outcomes, Potomac Economics, the Independent Market Monitor (IMM) for ERCOT, said that, "Early indications of market outcomes through August are that net revenues provided by the ERCOT real-time market in 2018 will not be at a level…
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September 7, 2018
The Electric Reliability Council of Texas (ERCOT) anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this fall and winter.
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September 4, 2018
ISO New England has filed with FERC proposed "interim" tariff revisions to allocate the out-of-market costs for resources retained for "fuel security" to load-serving entities on a regional basis using the Real-Time Load Obligation allocator.
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August 31, 2018
FERC approved a request from PJM for a one-time waiver of provisions of the PJM Open Access Transmission Tariff as necessary to enable PJM to delay its 2019 Base Residual Auction (BRA) for the 2022/2023 Delivery Year from May 2019 to August 14-28, 2019
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