March 22, 2021
Texas Industrials Propose Replacing Existing Low Offer Cap In ERCOT With Event-Specific "Circuit Breaker" Mechanism
Vistra Proposes Increasing LCAP To Greater Of $4,500/MWh Or 50x Fuel Index For Rest Of 2021
In comments at the Public Utility Commission of Texas, Texas Industrial Energy Consumers (TIEC) has proposed replacing the low system-wide offer cap (LCAP) in ERCOT with an event-specific circuit breaker mechanism