February 15, 2023
Texas PUC Commissioner Will McAdams filed a memo concerning consideration of establishing a reliability standard for ERCOT, and, among other things, said that a study should be conducted concerning Value of Lost Load (VOLL)
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February 8, 2023
WattBridge Energy, LLC announced today commissioning of the Mark One Generating Station in Brazoria County, Texas.
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February 6, 2023
New Texas Retail Provider Says It Will Shows Customers Exact Margin Charged To Customers
BKV Energy has updated its website to state, "We’re committed to providing honest electricity at competitive rates. We aim for stable, fair margins and sharing the surplus with our customers. How’s that for a good deal?"
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February 2, 2023
The Thigbe Aggregation Group Over 50 kW members have filed to dismiss with prejudice their complaint filed at the Texas PUC against MidAmerican Energy Services, LLC, which was filed in the wake of post-Uri retail price changes by MidAmerican Energy Services
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February 1, 2023
Freeport LNG Marketing, LLC has filed a registration as a Texas power marketer, to buy and/or sell wholesale power within the Electric Reliability Council of Texas
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January 31, 2023
The Staff of the Public Utility Commission of Texas (Staff), V247 Power Corporation (V247), and the Electric Reliability Council of Texas, Inc. (ERCOT) (collectively, the parties) have entered into a settlement concerning Staff's petition to revoke V247's retail electric provider certificate due to…
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January 19, 2023
PUC Chair: PCM May Help Separate The "Wheat From The Chaff" Among REPs, Calls Some REPs Fly-by-Night
The Texas PUC voted to "adopt", without immediate implementation, a performance credit mechanism (PCM) for the retail market, which will require REPs to procure, through a centrally cleared mechanism, performance credits (PC)
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January 12, 2023
Commissioner Glotfelty Says Market Design Decision Should Consider Whether Chosen Design Would Result In Greater Retail Market Concentration Commissioner McAdams: "Retail Has Thrived At The Expense Of Our Resource Adequacy"
During a discussion at today's Texas PUC open meeting concerning ERCOT market design, including a proposed Performance Credit Mechanism (PCM), several Commissioners raised the issue of affiliate restrictions when discussing market power concerns
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January 10, 2023
Texas Gov. Greg Abbott submitted a letter to the Texas PUC concerning ERCOT market design urging "strong consideration" of the Performance Credit Mechanism, while also favoring a "bridge" solution
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December 15, 2022
Another REP: PCM's Increased Financial Requirements, Switching Risk Would Force Retail Market Consolidation, Result In "Gentailer Monopsony" TEAM: PCM Design Makes Fixed Price Retail Contracts Infeasible
Texas stakeholders filed comments at the PUC on a proposed novel Performance Credit Mechanism [PCM] as a means to achieve ERCOT reliability
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December 14, 2022
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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December 12, 2022
Tesla formally filed a registration form to participate in the Aggregated Distributed Energy Resource (ADER) ERCOT Pilot Project
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December 8, 2022
REX Storage Holdings, LLC (REX), an independent power producer focused on standalone battery energy storage systems (BESS) for ERCOT power customers, unveiled four 9.9 megawatts (MW) standalone energy storage projects in Texas that represent the first of a $400M equity commitment by REX to acquire…
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December 7, 2022
ERCOT said in a market notice that, "Due to the anticipated interconnection of an increasing number of large flexible Loads in the ERCOT Region, ERCOT is establishing an interim, voluntary curtailment program that would allow these Loads to assist ERCOT in ensuring reliability during periods of high…
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December 2, 2022
The Electric Reliability Council of Texas has named Mark Miner as the organization’s new Director of Corporate Communications.
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December 2, 2022
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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November 29, 2022
Latest CDR Report Also Posted
ERCOT posted its November 2022 Report on the Capacity, Demand and Reserves in the ERCOT Region and its Winter 2022-2023 Seasonal Assessment of Resource Adequacy (SARA) Report
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November 29, 2022
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication to establish new 16 Texas Administrative Code (TAC) §25.219 relating to Terms and Conditions of Access by a Competitive Retailer to the Delivery System of a Municipally Owned Utility or Electric Cooperative…
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November 17, 2022
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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November 15, 2022
Cites Alleged Non-competitive Behavior
Aspire Power Ventures, LP petitioned the Texas PUC for a rulemaking to amend and clarify 16 Tex. Admin. Code (TAC) § 25.365 related to the role, duty, and authority of the Independent Market Monitor (IMM) for ERCOT.
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November 14, 2022
ERCOT Tells PUC That System Not Currently Able To Implement Proposed Ability To Prevent A REP (Which Is Subject To PUC Suspension) From Adding Customers
Stakeholders filed comments at the Texas PUC on proposed changes to the retail electric provider certification requirements and related rules
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November 11, 2022
During yesterday's open meeting, Texas PUC Commissioner Jimmy Glotfelty said that, in response to the PUC providing a forum for customers to express support for retail electric choice in service areas not open to competition, the PUC received only one response favoring electric choice in the Entergy…
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November 10, 2022
With PUC Seeking Public Comment, Commission Not Currently Unanimous On PCM Proposal Chair: Concerns About Existing Non-competitive Behavior In Non-Spin Should Be Addressed As Quickly As Possible
Chair: Concerns About Existing Non-competitive Behavior In Non-Spin Should Be Addressed As Quickly As Possible
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November 4, 2022
Utility Rescue Holdings, Inc., today announced the launch of its newest brand -- JUICE -- in its portfolio of companies offering competitive retail electricity service.
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November 3, 2022
Staff Warns Of Business Model That May Be Taking Root
The Texas Public Utility Commission opened a formal investigation of Texas Excel Property Management Corporation (Texas Excel) for possible violations of PURA and Commission rules, arising from allegations from the PUC's Division of Compliance and Enforcement (DICE), which had sought such an…
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