ERCOT Exits Emergency Conditions, Ceases Pricing Adjustments

ERCOT exited emergency conditions this morning, with EEA1 terminated at approximately 10:35 a.m. local time

ERCOT had exited EEA3 at about 9:00 a.m. local time

Starting with the 9:05 a.m. Security-Constrained Economic Dispatch (SCED) interval, ERCOT also discontinued the previously reported adjustments to the RTBLTIMPORT component of the Real-Time Reliability Deployment Price Adder process, which ERCOT had been conducting to comply with a PUC directive to account for shed load in scarcity pricing.

With removal of the adjustment, ERCOT has returned to utilizing the RTBLTIMPORT component solely for Block-Load Transfer imports.

CenterPoint Energy Houston Electric reported that as of 8:30 a.m. CT, approximately 1.39 million customers have been restored. More than 99% of CenterPoint's customers currently have electric service, with less than 7,000 customers to be restored.

CenterPoint Energy Houston Electric said that isolated outages expected to be restored by the end of the day; some outages may be attributable to routine service issues