August 28, 2023
Also Seeks Guidance That Securitization Charge Opt-Outs Are Not Transferable
Staff of the Texas PUC requested guidance from the Commission regarding two issues that relate to the implementation of the ERCOT Debt Obligation Order that was filed on October 13, 2021 in Docket No. 52322 (the uplift financing program for certain Uri costs)
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August 25, 2023
ERCOT formally filed at the Texas PUC a 2024/2025 ERCOT biennial budget which contemplates a change in the ERCOT system administration fee rate, which ERCOT proposes to increase for the first time since 2016, from $0.555 per megawatt hour (MWh) to $0.710 per MWh for ERCOT fiscal years 2024 and 2025.
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August 24, 2023
ERCOT has released a reliability analysis determination for Barney Davis LLC (B_Davis_B_DAVIG1)
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August 22, 2023
ERCOT filed with the Texas PUC overviews detailing the following market enhancement initiatives: establishment of the Dispatchable Reliability Reserve Service (DRRS), development of the Performance Credit Mechanism (PCM), implementation of a multi-step floor to the Operating Reserve Demand Curve…
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August 21, 2023
Lists, "Potential Loopholes Influencing Offer Behaviors", As One Possible Reason
Trends and learnings from summer 2023 wholesale electricity pricing in ERCOT
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August 15, 2023
Several Texas gentailers have proposed setting energy and ancillary service pricing under the ERCOT emergency pricing program (EPP) -- which by statute is to be triggered when there are 12 hours priced at the ERCOT high offer cap during a 24-hour period -- at $2,000 per MWh and/or the current LCAP…
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August 8, 2023
Gridmatic, an AI-enabled power marketer whose operations include Gridmatic Retail (details here) , today announced the launch of its first Energy Storage Fund, a $50 million fund that Gridmatic will use to oversee the management of up to 500 MW of battery capacity in the ERCOT and CAISO markets.
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August 4, 2023
Lubbock Power & Light provided a status update on its pending transition to retail electric choice, which has been delayed by FERC review of the May 27, 2021 agreement between LP&L and Southwestern Public Service Company (SPS).
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July 28, 2023
MP2 Energy provided the following statement concerning the matter:
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July 27, 2023
On July 27, 2023, ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Texas Big Spring LLC - SGMTN_SIGNALM2
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July 26, 2023
Agilitas Energy, which describes itself as, "the largest integrated developer, builder, owner and operator of distributed energy storage and renewable energy systems in the northeastern U.S.," today announced it has established a dedicated energy trading function to support and enhance the company’s…
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July 26, 2023
Spearmint Energy (Spearmint or the Company) today confirmed the start of commissioning activities at the Company’s 300 MWh battery energy storage project (known as "Revolution") in the Lower Colorado River Authority’s transmission network in ERCOT
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July 25, 2023
Texas PUC Staff have issued questions for stakeholder comment concerning the Emergency Pricing Program for the ERCOT market
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July 25, 2023
Corre Energy B.V., announced today that its North American subsidiary, Corre Energy US Development Company LLC, has entered into an exclusive agreement to acquire a 280-megawatt (MW) / 4.2 gigawatt-hour (GWh) energy storage project from Contour Energy, a Texas-based energy storage infrastructure…
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July 20, 2023
Staff of the Texas PUC reported that, as of July 12, 2023, 39% of existing power generation companies (PGCs) and self-generators registered with the Commission have not filed a compliance update form which is required to be filed as a result of a recent rulemaking order in Project No. 52796
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July 20, 2023
Lubbock Power & Light has scheduled for August 22nd and 23rd a Retailer Workshop to be held in Lubbock, TX
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July 19, 2023
Energy Texas has launched a new Texas retail electric plan offering, "Build Your Own Plan", which is described as, "a fully customizable plan as far as term length, programs, etc."
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July 14, 2023
ERCOT has received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource: GEUS (STEAM1A_STEAM_1)
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July 14, 2023
On July 27, 2023, ERCOT will host a workshop to discuss Dispatchable Reliability Reserve Service (DRRS) design ideas.
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July 12, 2023
Wolf Tank Storage LLC ('Wolf Tank') filed a request for emergency relief at the Texas Public Utility Commission seeking that the PUC issue an emergency order for South Texas Electric Cooperative, Inc. ('STEC') and Medina Electric Cooperative, Inc. ('Medina') to provide an ESI ID to effectuate Wolf…
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July 11, 2023
BKV-BPP Power, LLC, a joint venture between BKV Corporation (BKV) and Banpu Power US Corporation, announced today that it has closed on the purchase, through its subsidiary Temple Generation Intermediate Holdings II, LLC, of the entity that owns the Temple II natural gas-fueled power plant, located…
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July 10, 2023
Suggests "Pause" In Enforcement Activities Pending Resolution
Young Energy LLC, d/b/a Payless Power (Payless Power) in a filing with the Texas PUC alleged that there are, "systemic problems concerning the disconnection prohibition" which applies during weather emergencies, as Young Energy suggested a workshop and possible rule changes
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July 5, 2023
Texas PUC Staff will host a public workshop on July 11, 2023 to discuss the implementation of legislation passed by the 88th Texas Legislature (R.S.).
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June 29, 2023
The Texas PUC approved without modification ERCOT's request to increase the compensation for the "Selected Director" members of its board of directors
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June 28, 2023
On June 27, 2023 ERCOT received an amended Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource: Petra Nova Power I LLC – PNPI_GT2
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