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ERCOT Region

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Group Of Independent Texas Retail Providers & Shell Join Large Customers, Brokers, And NOIEs In Proposing New Ancillary Service To Address ERCOT Reliability, Instead Of PCM

A group of independent Texas retail electric providers are among the members of the Coalition for Dispatchable Reliability Reserve Service, a group that is proposing a Dispatchable Reliability Reserve Service (DRRS) (built on the Uncertainty Product advocated by the ERCOT IMM) as the best mechanism…

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Just Energy Announces Recognition Of Reverse Vesting Order

Just Energy Group Inc. ('Just Energy' or the 'Company') announced that the Bankruptcy Court for the Southern District of Texas, Houston Division (the 'U.S. Court') has granted an order (the 'Recognition Order') that, among other things, recognizes and gives effect, in the United States, to the…

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Texas Senate Business & Commerce Chair, Vice Chair & 7 Senators Tell PUC Not To Implement PCM, Or Other Holistic Market Re-designs, Without Further Legislative Consultation

Nine Texas state Senators, including Charles Schwertner and Robert Nichols, Chair and Vice Chair (respectively) of the Senate Committee on Business & Commerce, sent a letter to the PUC Chair and Commissioners informing the PUC that any holistic market design change, including the Performance Credit…

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TEAM Tells Texas Senate That REPs Won't Know PCM Costs When Entering Into Contracts With Customers

IMM Says PUC Consultant's Report Overstates Retirements Under Energy-Only (.03 LOLE Without These Retirements)

During a Texas Senate committee hearing, Catherine J. Webking, representing the Texas Energy Association for Marketers, alluded to retail pricing challenges REPs will face under a proposed Performance Credit Mechanism (PCM) for the ERCOT market, which would allocate costs of newly created…

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ERCOT Region Retail Energy News (Page 70) | EnergyChoiceMatters.com