Texas Commissioner Marty Says Energy Market "Healthy", As Focus Shifts to Reliability Standard

"Our energy market seems to be healthy," Texas Public Utility Commissioner Brandy Marty said during Friday's open meeting, as the Commission agreed to focus on the appropriate reliability standard, rather than immediate changes to market design.

The Commission will now focus on whether 1-in-10 is the appropriate standard, and how that standard is defined.

The Commission will also focus on further refinements to the Operating Reserves Demand Curve, and other market rules in order to prevent price suppression, including ERS and LRS.

Chairman Donna Nelson also said that the Commission needs to ensure that the CDR report is appropriately treated, and that it is made clear that the report does not set an expectation that the Commission is ensuring any specific reserve margin