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June 24, 2021
The Texas PUC adopted without modification a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities…
June 18, 2021
REPs Had Proposed Specific Cost Recovery Mechanism, Opposed Use Of Uplift
Staff of the Texas PUC have filed a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities are able to…
May 6, 2021
The Public Utility Commission of Texas today voted to issue a proposal for publication that would change the ERCOT scarcity pricing rule to eliminate the 50-times fuel index price provision in the ERCOT market low system-wide offer cap (LCAP), such that the LCAP would be $2,000 per MWh and $2,000…
April 29, 2021
Staff of the Texas PUC have filed proposed language for a scarcity pricing rule change to eliminate the 50-times fuel index price provision in the ERCOT market low system-wide offer cap (LCAP), such that the LCAP would be $2,000 per MWh and $2,000 per MW per hour
April 7, 2021
During an open meeting today, Texas PUC Chairman Arthur C. D'Andrea directed Staff to propose for publication a rule change under which the "50 times FIP [fuel index price]" provision in the scarcity pricing rule would be eliminated
March 10, 2021
Staff of the Texas PUC in a memo to the Commission identified eight "key focus areas" as a "road map" for Commission work in response to the February 2021 Winter Weather Event
