October 12, 2012
"For the benefit of the public, please allow me to remind us all that our energy-only market design has not failed us to date and is not broken," Commissioner Rolando Pablos of the Public Utility Commission of Texas said in a memo regarding resource adequacy in advance of today's open meeting.
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September 24, 2012
Staff of the Public Utility Commission of Texas have filed a recommended proposal for adoption which would raise the ERCOT high system-wide offer cap (HCAP) to $9,000 per MWh effective June 1, 2015.
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August 27, 2012
The Public Utility Commission of Texas will hold a workshop in Project No. 40000, Commission Proceeding to Ensure Resource Adequacy in Texas, on September 6.
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August 17, 2012
Raising the offer cap in ERCOT would not allow the market to achieve the desired reserve margin, Donna Nelson, Chair of the Public Utility Commission of Texas, said in a memo in advance of today's open meeting.
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July 2, 2012
Contrary to the spin offered by capacity owners, the Brattle report regarding ERCOT resource adequacy, "does not reject energy-only markets," the Texas Industrial Energy Consumers said in comments to the Public Utility Commission of Texas (40268), as TIEC also cautioned that transitioning to a…
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June 13, 2012
The Public Utility Commission of Texas has directed Staff to begin a process to consider recommendations contained in The Brattle Group's report on resource adequacy.
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May 17, 2012
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…
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May 8, 2012
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.
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April 12, 2012
The Public Utility Commission of Texas will publish for comment a proposed rule that would raise the ERCOT system wide offer cap effective August 1, 2012.
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April 6, 2012
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication concerning an increase in the high and low system offer caps and the peaker net margin in ERCOT (40268).
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