February 19, 2021
Exelon said in an 8-K that, "Beginning on February 15, 2021, Texas-based generating assets of Exelon Generation Company, LLC (Generation) within the Electric Reliability Council of Texas (ERCOT) market, specifically Colorado Bend II, Wolf Hollow II, and Handley, experienced outages as a result of…
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February 19, 2021
TEAM Notes PUC Had Ordered Adder To Account For Load Shed, But Adder Continued After Load Shed Ceased
The Texas Energy Association for Marketers filed an emergency request with the Texas PUC asking the PUC to immediately instruct ERCOT to remove, effective back to 1:05 a.m. on February 18, the administrative price adder which had been directed by the PUC to account for load shed, with ERCOT directed…
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February 19, 2021
ERCOT said in a market notice that, "In an attempt to protect the overall integrity of the ERCOT market by mitigating the disruption of defaults, ERCOT is using its available discretion under the Protocols to adjust collateral for Counter-Parties (CPs) on a case-by-case basis, dependent upon the…
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February 19, 2021
Reliant Energy Retail Services LLC (RERS) filed a request at the Texas PUC to be designated as a volunteer POLR, formally known as a Voluntary Retail Electric Provider (VREP), for the residential and small commercial customer classes.
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February 19, 2021
REP: "Competition Will All But Cease To Exist" From Largest Failure Of Retail Providers Ever Seen, Absent PUC Action
Patrick Woodson, CEO of Texas retail electric provider ATG Clean Energy Holdings, Inc. d/b/a Green Energy Exchange filed a letter with the Texas PUC, asking that the PUC re-price the hours since EEA 3 level conditions were declared on Feb. 15th through when EEA 3 was cancelled on Feb. 19 at 9 AM…
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February 19, 2021
Texas Governor Greg Abbott has declared a new emergency item for the current legislative session, in asking the Legislature to, "mandate the winterization of Texas' power system," and for the Legislature, "to ensure the necessary funding for winterization."
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February 19, 2021
ERCOT exited emergency conditions this morning, with EEA1 terminated at approximately 10:35 a.m. local time
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February 19, 2021
Texas Attorney General Ken Paxton today issued Civil Investigative Demands (CIDs) to ERCOT and other power companies, regarding power outages, emergency plans, energy pricing, and more related to this week’s winter weather disaster.
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February 19, 2021
ERCOT Reports Two Retail Providers Failed To Make Payment On A Settlement Invoice
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February 18, 2021
ERCOT said in a Feb. 18 market notice that it has, "authorized the Transmission and Distribution Service Providers to restore all Load associated with the EEA that was declared on Monday, February 15, 2021."
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February 18, 2021
Texas Attorney General Ken Paxton announced that he would use, "the full scope of my Constitutional powers," to launch an investigation into, "ERCOT and related entities," and their "mishandling" of the extreme winter weather
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February 18, 2021
TXU Energy -- the only volunteer Provider of Last Resort in Texas -- has filed with the Texas PUC an increase in the maximum number of customers TXU will accept as a volunteer POLR (aka VREP)
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February 18, 2021
CEO Of Another Retail Provider Seeks Relief From PUC, Recounts Strain From Wholesale Pricing, Generator Unavailability
A principal of a retail electric provider told EnergyChoiceMatters.com that chatter in the market is that there are 22 possible defaults of load serving entities in ERCOT due to recent prolonged scarcity pricing. The principal requested not to be named due to the sensitive nature of the information
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February 18, 2021
The Texas PUC on the evening of Feb. 17 ordered, "all TDUs in the ERCOT region to rotate customers that are properly subject to curtailment under EEA3 in a manner that no such customer is subjected to an outage of more than 12 hours."
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February 17, 2021
Gov. Greg Abbott has ordered a prohibition on the export of natural gas from Texas by producers through Feb. 21
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February 17, 2021
Vistra issued a news release today stating that of the company's nearly 19,000 megawatts of Texas capacity, only approximately 1,000 megawatts are currently not able to produce electricity; however, a larger, undisclosed amount of capacity -- while "able" to produce electricity -- was not currently…
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February 17, 2021
Texas Governor Greg Abbott has declared the "reform" of the Electric Reliability Council of Texas (ERCOT) an emergency item this legislative session.
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February 16, 2021
The Texas PUC issued a further order on ERCOT pricing, and rescinded its prior directive that past ERCOT prices during the weather event be corrected to reflect scarcity pricing
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February 16, 2021
Pulse Power, a retail electricity provider in Texas, announced on the morning of Feb. 15 that it is giving its customers an incentive to conserve electricity to help the marketplace this week.
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February 16, 2021
Other REPs Delaying Enrollment Start Dates
Griddy, which charges a real-time wholesale pass-through price, on Feb. 13 began encouraging its Texas customers to switch to another retail electric provider due to price spikes which had already been seen at such time, and which have continued in the next few days
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February 16, 2021
Just Energy Group Inc. announced today that it will miss its filing deadline of February 16, 2021 to file its unaudited interim condensed consolidated financial statements for the three and nine months ended December 31, 2020 (the 'Interim Financial Statements'), its management discussion and…
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February 15, 2021
ERCOT issued a market notice (M-C021521-01) the evening of Feb. 15 explaining how ERCOT intends to implement certain directives under the PUC's order reported in our earlier story below
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February 15, 2021
(Earlier:) ERCOT Institutes Rotating Outages Due To 30,000 MW Of Offline Generation ERCOT Notes "Elevated Risk For Default" In Market In Coming Days
Due to the sheer amount of offline generation, outages are not rotating as would be done normally, due to the prioritization of emergency and other critical need loads
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February 11, 2021
The Electric Reliability Council of Texas (ERCOT) said today that it is expecting record electric use as a result of the extreme cold temperatures that have already reached much of the ERCOT region.
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February 9, 2021
The Electric Reliability Council of Texas (ERCOT) Board of Directors today elected Sally A. Talberg to serve as their new Board Chair and Peter Cramton to serve as Vice-Chair.
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