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March 12, 2021
In response to further calls from Lt. Gov. Dan Patrick that the Texas PUC should re-price the ERCOT market due to what Patrick says are "errors" in the pricing during the winter weather event, Texas Governor Greg Abbott said that the PUC is not able to provide Patrick's sought relief.
March 12, 2021
SB 1690 has been filed in the Texas Senate which would, through amendments to PURA Chapter 36, cap retail and wholesale electric rates during declared emergencies, and also expand disconnection protections
March 12, 2021
CPS Energy announced that it filed suit against the Electric Reliability Council of Texas (ERCOT) in Bexar County District Court in what CPS described as a move, "to protect its customers from excessive, illegitimate and illegal prices."
March 12, 2021
Slate Of Bills Includes Ban On Real-time Wholesale Pass-Through Retail Electric Products
March 12, 2021
GridPlus announced that, "out of necessity, [we] have divested our retail energy subsidiary."
March 12, 2021
The Texas PUC adopted an order which directs ERCOT to extend certain deadlines in, and grants an exception to, relevant sections of the ERCOT Nodal Protocols to grant more time for market participants to file a dispute of invoice and settlement statements
March 11, 2021
IMM Revises Amount Of Alleged "Error" To Be $5.1 Billion (Takes Into Account Netting, Day-Ahead Positions)
March 11, 2021
During a hearing of the Texas Committee on Jurisprudence, Texas PUC Chairman Arthur C. D'Andrea agreed that the ERCOT weather event was an, "unusual circumstance," but maintained that continued pricing at the $9,000 cap after residential load shed ended was not a "mistake", and that a cited section…
March 11, 2021
The Public Utility Commission of Texas today named Adrianne Brandt the agency’s new Director of ERCOT, Inc. Accountability and charged her with enhancing the PUC’s oversight of the grid operator and market manager.
March 11, 2021
Genie Energy Ltd. announced that it has suspended its dividend as part of an effort to rebuild its cash position in the aftermath of the Texas weather event
March 10, 2021
Staff of the Texas PUC in a memo to the Commission identified eight "key focus areas" as a "road map" for Commission work in response to the February 2021 Winter Weather Event
March 10, 2021
Tenaska Energy, Inc. filed comments at the Texas PUC and to Chairman Arthur D'Andrea suggesting measures that the PUC could undertake to reduce certain risks associated with re-pricing, as Tenaska stated that, "We understand that repricing consistent with the Independent Market Monitor's…
March 10, 2021
Shannon K. McClendon has been elected to be the ERCOT Board member for the independent retail electric provider (REPs) segment.
March 10, 2021
Texpo Power LP d/b/a Texpo Energy filed further comments at the Texas PUC concerning ERCOT invoices resulting from the recent weather event, drawing attention to, in particular, concerns about Unaccounted for Energy (UFE) calculations by ERCOT
March 10, 2021
28 State Senators Ask PUC To Correct Prices
Texas Governor Greg Abbott declared the, "correction of any billing errors related to the Electric Reliability Council of Texas (ERCOT)," as an emergency item for the 87th Legislative Session.
March 9, 2021
On Tuesday, March 9, 2021, ERCOT revoked all rights of POWER OF TEXAS HOLDINGS INC to conduct activity under the ERCOT Protocols due to its failure to designate a new Qualified Scheduling Entity (QSE) or qualify as an Emergency QSE pursuant to the ERCOT Protocols.
March 9, 2021
Texas Bill Would Authorize Utilities In ERCOT To Construct Facilities To Purchase Power Outside Of ERCOT
March 9, 2021
ERCOT said in a market notice that the release date for the Final Spring and Preliminary Summer "Seasonal Assessment of Resource Adequacy" (SARA) reports has been changed from March 11 to March 25, 2021.
March 9, 2021
New Retail Electric Provider Listed In Latest ERCOT Short-Pay Notice
Alliance Power Company said that it has paid the invoices
March 9, 2021
Just Energy Receives Chapter 15 Bankruptcy Protection in U.S.; Judge Asserts Exclusive Jurisdiction Over Any Relief Sought By Governmental Entity Seeking To Take Action Against Just Energy Licenses Due To Bankruptcy Petition
March 8, 2021
Texas retail electric provider MidAmerican Energy Services initially informed Texas residential electric customers on fixed rate contracts that, "non-energy costs such as ancillary charges billed by ERCOT and your local utility, are not fixed and are passed through on your bill."
March 8, 2021
ERCOT said that the following short-paying Invoice Recipients have, to date, paid amounts owed: City of Garland GridPlus Texas Inc. Heritage Power LLC Volt Electricity Provider LP Wolverine Trading LLC
March 8, 2021
Energy Edge Consulting, LLC filed a request at the Texas PUC asking that the PUC work with the appropriate state entities and implement a cap on the amount of state sales tax, gross receipts tax ("GRT"), and the Public Utility Commission Assessment fee ("PUCA") that can be assessed to customers who…
March 8, 2021
Texas Lt. Gov. Dan Patrick on March 8 called on the Texas PUC and the Electric Reliability Council of Texas (ERCOT), "to correct the emergency pricing error that continued after the power shortage had ended and the major threat to the Texas grid had passed."
March 8, 2021
Speaker of the Texas House of Representatives Dade Phelan has announced seven priority bills meant to address electricity industry reform, as part of a "first phase" of addressing the recent winter weather event
