June 28, 2012
Texas Increases ERCOT Offer Cap Effective August 1
The Public Utility Commission of Texas today approved an increase in the ERCOT high system-wide offer cap effective August 1, 2012 (Docket 37897).
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Docket 37897
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June 22, 2012
Texas Staff File Proposal for Adoption for Increase in Offer Cap Effective August 1
Staff of the Public Utility Commission of Texas have filed a recommended proposal for adoption to establish the ERCOT high system-wide offer cap (SWOC) at $4,500 per megawatt-hour beginning on August 1, 2012, to be effective until a subsequent change by the Commission (37897).
May 17, 2012
Commissioner Anderson Proposes Gentler Slope for Power Balance Penalty Curve In Light of Other Market Changes
The ERCOT Power Balance Penalty Curve (PBPC) should have a gentler slope and the starting energy bid price should remain at $200 given other changes to the market that have already been made, and are expected to be made, Commissioner Kenneth Anderson of the Public Utility Commission of Texas said in…
May 8, 2012
Turner, Davis Urge Caution on Raising ERCOT Price Cap, Cite Impact on REPs
Texas State Representative Sylvester Turner and Senator Wendy Davis filed separate letters to the PUCT Commissioners expressing concern with the proposed increase in the ERCOT system wide offer cap to $4,500 effective August 1, citing, in particular, the impact on retail electric providers.
August 23, 2011
Clean Currents Leads Retail Energy Companies in Inc. Rankings
Clean Currents led retail supply-related companies in this year's Inc. Magazine 500/5000 rankings of revenue growth at private companies from 2007 to 2010.
June 21, 2011
Generators Seek to Impose Capacity Obligation on ERCOT Retail Customers
Texas Competitive Power Advocates is seeking to impose a "backstop" capacity obligation on ERCOT loads.
May 23, 2011
PUCT Schedules Workshop on ERCOT Reserve Adequacy
The Public Utility Commission of Texas scheduled a workshop for June 22 regarding the potential effect of proposed federal environmental regulations on reserve adequacy in ERCOT (see 5/12) .