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Docket Project No. 51871

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May 6, 2021

Texas PUC Votes To Issue Proposal For Publication To Remove Fuel Index From ERCOT Low Offer Cap, Add New Make-Whole Provision

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…

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April 29, 2021

Update: Proposed Language Filed By Texas PUC Staff To Remove Fuel Index From ERCOT Low Offer Cap, Add New Make-Whole Provision

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

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