December 16, 2024
ERCOT To Delay CDR
ERCOT said in a market notice that the posting of the 2024 final Report on Capacity, Demand and Reserves (CDR) is being delayed from December 20, 2024, to…
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December 13, 2024
Texas PUC Staff Formally Recommends That PUC Not Move Forward With PCM As Currently Designed
In a "final recommendation", Staff of the Texas PUC formally filed comments in Project 55000 recommending that…
December 12, 2024
Texas PUC Poised To "Shelve" PCM, Leans Towards Designing DRRS As Allowing For Potential Future Use Of DRRS As Resource Adequacy Tool
While the Texas PUC did not at today's open meeting, adopt decisions regarding the performance credit mechanism (PCM) or ancillary service design or quantities, a majority of Commissioners did express a view that…
December 12, 2024
New Texas Bill Filed To Order PUC To Develop Process To Procure "Emergency Reserve Power Generation Capacity"
A new Texas bill has been pre-filed that would require the Texas PUC to…
December 12, 2024
Second NRG Energy Proposed Texas Generation Project Advances To Due Diligence Under In-ERCOT Loan Program
The Texas PUC has advanced to a due diligence round a second project from NRG Energy representing proposed new generation to be built in ERCOT under the PUC's Texas Energy Fund (TEF) In-ERCOT Loan Program
December 6, 2024
ERCOT IMM: Near-Term PCM Costs Will Hit $1 Billion Cap, With Little Expected Reduction In Shortage Revenues
The ERCOT Independent Market Monitor filed with the Texas PUC an assessment of Performance Credit Mechanism (PCM)
November 26, 2024
ERCOT Reports 4CP Dates
ERCOT reported that the 2024 4CP dates were…
November 25, 2024
Arizona's Three Major Electric Utilities Plan to Join SPP Markets+
Arizona Public Service (APS), Salt River Project (SRP), and Tucson Electric Power (TEP) & UniSource Energy Services announced plans to join…
November 21, 2024
ERCOT Working To Use CenterPoint-TDU Mobile Generation As Alternative To RMRs for Two CPS Units; Will Recommend RMR Agreement For One CPS Unit
ERCOT reported at today's Texas PUC opening meeting that it is working on developing an agreement to move the mobile generation units of CenterPoint Energy Houston Electric from Houston to the San Antonio area, as an alternative to entering into reliability must-run agreements with two CPS Energy units which will suspend operations
November 15, 2024
Texas PUC Staff: "Some" Form Of Dynamic Ancillary Services Procurement Should Occur As Soon As Practicable
"Some" form of dynamic ancillary services (A/S or AS) procurement should be implemented, "as soon as practicable," Texas PUC Staff said in a recommendation on a review of ancillary services in ERCOT
November 8, 2024
Retail Supplier Affiliate Enters 10-Year Offtake Agreement For Texas Energy Storage
An energy storage developer announced…
November 1, 2024
PPL CEO: Allowing Pennsylvania Utilities To Directly Invest In Generation Is "Most Impactful" Solution To Address Resource Adequacy "Gaps"
During an earnings call today…
October 29, 2024
Dozen Retail Suppliers Warn Proposed ~1,000% Increase In PJM Minimum Capital Requirement To $5 Million Will Drive Retail Suppliers Out Of Business
About a dozen retail energy suppliers have warned that a $5 million capitalization requirement being considered for PJM market participants could potentially cause many small business retail energy suppliers to go out of business
October 21, 2024
NRG Suggests ERCOT Should Develop Day-Ahead Demand Response Procurements From Retail Electric Providers
As an alternative to the current Emergency Response Service (ERS) in ERCOT, NRG Energy in comments to the Texas PUC said that…
October 17, 2024
Proposed Texas Generation, Which Did Not Advance Under In-ERCOT Loan Program Selection, Clarifies Applicant With Eye Toward Reconsideration (Includes Minor Investment From Retail Supplier Affiliate)
A sponsor of a Texas generation project filed…
October 10, 2024
Choice State In PJM Opens Review Of Resource Adequacy To "Wield Control" Of Generation Development
Hoping to, "better wield control of clean resource development," within…
September 20, 2024
Texas PUC Staff "Support" Eliminating Small Fish Swim Free Rule
Staff of the Texas PUC have voiced support for the elimination of one of the key designs of the original ERCOT energy-only market
September 13, 2024
ERCOT Announces Accelerated Target Date For Real-Time Co-optimization Go Live
ERCOT today announced an accelerated target go-live date for…
August 29, 2024
Proposed Generation From Affiliates Of Texas Retail Providers Among Projects Advancing Under In-ERCOT Loan Program
The Texas PUC has advanced to a due diligence review over 4,100 MW of proposed new generation to be built in ERCOT by affiliates of Texas retail electric providers
August 22, 2024
ERCOT VOLL Study Shows VOLL As $667,000/MWh for Small C&Is; ERCOT Makes Recommendation On Market-wide VOLL
ERCOT in a filing with the Texas PUC recommends that the value of lost load, for purposes of planning activities including the reliability standard, be set at…
August 21, 2024
ERCOT Files Strawman PCM Design Decisions
ERCOT and E3 have filed with the Texas PUC a Performance Credit Mechanism (PCM) Design Strawman White Paper which reflects ERCOT/E3's recommendations on various design elements
August 20, 2024
ERCOT Reports Potential Price Corrections
ERCOT said in an August 20 market notice that, on August 10, 2024, ERCOT became aware of a Resource that was incorrectly identified as not being qualified for Security-Constrained Economic Dispatch (SCED).
August 9, 2024
Texas PUC Staff Endorse Target, Not Mandatory, Reliability Standard
Texas PUC Staff have endorsed use of…
August 9, 2024
Texas PUC Staff Make Recommendations On PCM Design Parameters, REP Collateral
Staff of the Texas PUC have filed preliminary recommendations on Performance Credit Mechanism (PCM) design parameters for the purpose of being included in the base case benefit-cost analyses of the PCM.
August 1, 2024
FirstEnergy Talking To Its Retail Choice States About Developing Regulated-Type Generating Capacity In Light Of Record High PJM Capacity Prices
During a second quarter earnings call, FirstEnergy Corp. CEO Brian Tierney said that…