July 13, 2021
PUC Chair: Market Design Should Provide Financial Incentive For Reliability
During testimony today before a Texas Senate committee hearing on the ERCOT market, Texas PUC Chairman Peter Lake said, "The [ERCOT] market needs to move away from a crisis-based business model."
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July 13, 2021
60-Point ERCOT Roadmap Includes Eliminating Barriers To Demand Response, Distributed Generation & Storage To Participate In ERCOT Market Includes Review Of Credit Best Practices
ERCOT Will Evaluate Market Changes To Incentivize Sufficient Dispatchable Resources; Fuel Security
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July 7, 2021
Consumer Advocates Ask Texas PUC TO Ban All Index Products For Residential Customers REPs Oppose Proposal For New Signed Risk Statement For Index Products Which Aren't Tied To Wholesale Market
Consumer Advocates Seek Prohibition On Contracts Which Waive Customer Protections
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July 7, 2021
Texas Governor Greg Abbott today issued a proclamation that identifies eleven agenda items for the special legislative session that begins at 10:00 AM on Thursday, July 8.
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July 6, 2021
Includes Direction For Allocation Of "Reliability Costs"; Addresses Incentives For Certain Types Of Generation
Texas Governor Greg Abbott today sent a letter to members of the Public Utility Commission of Texas (PUC), "directing them to take immediate action to improve electric reliability across the state," the governor's office announced
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July 2, 2021
Texas retail electric provider Pogo Energy, LLC has filed a Chapter 11 petition for bankruptcy
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July 1, 2021
The Texas PUC adopted without modification a settlement among Energy Monger, LLC, PUC Staff, ERCOT, and OPUC concerning Staff's petition to revoke the REP certificate of Energy Monger
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June 28, 2021
The Texas Cotton Ginners Association (TCGA) has filed at the Texas PUC a formal complaint against MidAmerican Energy Services LLC, alleging that supplemental ancillary service charges billed by MidAmerican are in contravention of the fixed priced agreements with TCGA members (Docket 52273)
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June 24, 2021
Priority Power Management, LLC announced that it has entered into agreements with HighPeak Energy, Inc., an independent oil and natural gas company engaged in the acquisition, development, and production of oil, natural gas, and NGL reserves, to electrify and power HighPeak’s drilling and operations…
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June 24, 2021
In comments to the Texas PUC in a proceeding on weatherization standards, Texas Competitive Power Advocates (TCPA) recommended that the PUC adopt a cost recovery mechanism, perhaps through a non-bypassable charge, for facilities subject to new weatherization mandates for whom cost-of-service…
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June 24, 2021
The Texas PUC adopted without modification a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities…
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June 23, 2021
Energy Monger, LLC has reached a settlement with Staff of the Public Utility Commission of Texas, the Electric Reliability Council of Texas, Inc. (ERCOT), and the Office of Public Utility Counsel (OPUC) concerning Staff's petition to revoke the REP certificate of Energy Monger
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June 22, 2021
Talen Energy Marketing applied at the Texas PUC for an amendment to its Option 2 Texas REP certificate, "to add additional customers."
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June 21, 2021
Texas Governor Greg Abbott has signed SB 1580, a bill which authorizes electric cooperatives to securitize extraordinary costs and expenses (as defined below) from the winter weather event.
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June 21, 2021
In a response to the Independent Market Monitor's state of the market report, PJM said that, "PJM believes that provisions to administratively limit prices under sustained extreme price conditions could be helpful to limit unnecessary risk to market participants and consumers."
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June 18, 2021
REPs Had Proposed Specific Cost Recovery Mechanism, Opposed Use Of Uplift
Staff of the Texas PUC have filed a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities are able to…
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June 18, 2021
Noting the passage of the ERCOT market financing bill, which had been first reported by EnergyChoiceMatters.com , Just Energy Group Inc. ('Just Energy' or the 'Company') said that, "Based on current information, if the Commission [Texas PUC] approves the financing provided for in HB 4492, Just…
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June 17, 2021
Final Bill Omitted Relief To REPs For 32 Hours At $9,000 After Load Shed Ended
Texas Gov. Greg Abbott has signed HB 4492, which provides a financing program available to retail electric providers for ancillary service charges and reliability deployment price adders above the $9,000 cap
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June 15, 2021
Requests Peak Conservation Continue Through Friday
On June 14, ERCOT set a new June record for electricity demand. Based on preliminary data, the new record is 69,943 MW, which exceeds the 2018 June record by approximately 820 MW.
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June 14, 2021
ERCOT Requests Energy Conservation
The Electric Reliability Council of Texas (ERCOT) is asking Texans to reduce electric use as much as possible today through Friday, June 18.
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June 8, 2021
Aggregator Files Complaint Against REP At Texas PUC Over Similar Issue
A North Texas plastics company (J&M Plastics, Inc., or 'Plaintiff') has filed a proposed federal class action lawsuit against MidAmerican Energy Services, alleging that, "the electricity supplier passed through unauthorized fees to commercial customers with contracts marketed as fixed-rate plans."
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June 8, 2021
Texas Gov. Greg Abbott is set to sign today at an afternoon ceremony SB 3, the ERCOT winter weather event omnibus bill, and SB 2, which revises the composition and qualifications for the ERCOT board of directors.
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June 8, 2021
Reliant announced that Texas residential customers with an eligible smart thermostat who enroll in its automated Degrees of Difference program by June 11, 2021 will receive a $25 bill credit, and be automatically entered to win a year of free electricity through the Reliant Smart Energy Sweepstakes.
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June 3, 2021
Also Proposes Setting Energy Prices At Offer Cap When Load Being Shed Due To ERCOT's Direction
During a Texas PUC open meeting work session, ERCOT's Vice President of Commercial Operations Kenan Ögelman said that ERCOT would be proposing two urgent protocol revisions as follows
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June 3, 2021
During an open meeting work session, Texas PUC Chairman Peter Lake cited cybersecurity with respect to the ERCOT market as a "key concern", and said that the PUC needs to make a "concentrated effort" to evaluate cybersecurity and implement the best possible practices
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